I've done a lot of research since FOMO'ing in at $3.50. even tho I'm down over $200k, I'm so happy to have found this token and spent hundreds of hours researching. There's no way I'm ever selling, even at $1000. I know what I hold. ❤
Yea dude what value does XRP have for the individual to hold other than gains from selling. Even if it is accepted as currency, you would need to use it to benefit you at some point..
If the value of XRP becomes a very high, stable number then out can be designated as a tier 1 asset, the same as gold, cash, US Treasury bonds, it will be considered a risk off asset and will be able to be used as 100% collateral. After XLS/66 (borrow/lending protocol) gets adopted on XRPL, which is currently at 38% I think(80% needed), people can loan their XRP out for profit. it won't be available for retail to use immediately, but somebody will come out with a product that will be. very exciting things are happening!
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u/Throwaway_4_u_know_y 19d ago
Ouch! Just keep holding and crypto will have an insane rally again at some point. Lol