Financial Analyst Explains How Owning 15,365 XRP Could Change Your Financial Future Forever

Financial analyst Levi Rietveld has suggested that holding 15,365 XRP could drastically alter one’s financial future.

Rietveld emphasizes that XRP is poised for significant gains, especially as institutional adoption ramps up. His recommendation is based on the 30/70 rule, which advises long-term holders to be prepared to sell 30% of their holdings during peak market conditions.

How Owning 15,365 XRP Could Lead to Substantial Wealth

With 15,365 XRP, investors could sell 5,000 tokens during the ongoing bull run. At a projected $10 per XRP, it would yield around $50,000.

However, Rietveld sees even greater potential. He projects that XRP could reach $25 in this bull run, elevating the 15,365 XRP portfolio to a value of $384,000. Applying the 30/70 rule, if an investor sells 5,000 tokens, they could walk away with a profit of $125,000.

For context, it costs $8,258 to acquire 15,365 XRP today, given the floor price of $0.5375. The 5,000 tokens expected to be sold during the peak for $125,000 would have been worth just $2,687.50. This translates to a massive return on investment of 4,551%.

Notably, those who hold a bit more, such as 40,000 tokens, could become millionaires if the asset attains $25, making a life-changing return for many.

During the analysis, Rietveld acknowledged that he personally holds more than 15,000 XRP. He revealed that when the market hits all-time highs next year, he plans to sell around 70% of his XRP holdings, capitalizing on the accrued gains.

“This strategy will set me and my family up for life if we hit the numbers I’m expecting — millions in profits,” he said.

In a previous video, Rietveld revealed that investors could turn a $1,000 investment in XRP into $1 million through leveraged trading. For example, a 5x leverage could transform a 200% gain into 1,000%, making the investment worth $1 million. However, he advised caution with higher leverage due to liquidation risks, recommending 2x to 5x as safer options.

Timing Is Running Out to Buy 15,365 XRP

Notably, Rietveld’s promising outlook on XRP is founded on the anticipation of institutional investors joining the XRP market. According to him, this was seen back in 2017 and 2018, which enabled XRP to reach an all-time high during that period.

He stressed that there was a liquidity crunch because institutions had a limited supply to buy from, causing a massive price squeeze. “That’s exactly what I think will happen again,” he said.

With the possibility of zero-interest rates and further money printing in 2025, Rietveld believes crypto markets, particularly altcoins like XRP, are on the verge of an unprecedented surge. As a result, he stressed that for those without 15,365 XRP, the window to buy more is closing quickly, urging them to take action promptly.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Source: https://thecryptobasic.com/2024/10/12/financial-analyst-explains-how-owning-15365-xrp-could-change-your-financial-future-forever/?utm_source=rss&utm_medium=rss&utm_campaign=financial-analyst-explains-how-owning-15365-xrp-could-change-your-financial-future-forever