Recent developments in the SEC’s lawsuit against Ripple have caused concern among XRP investors. But Wall Street veteran and financial expert Linda P. Jones recently shared a link to her book “3 Steps to Quantum Wealth” which offers compelling reasons investors should remain optimistic about their XRP holdings.
Jones highlights XRP’s impressive historical performance, noting a 15,233% gain from 2017 to 2021. This demonstrates the cryptocurrency’s potential for significant long-term growth despite short-term volatility. Such returns indicate the broader cryptocurrency market’s potential, which Jones argues is still in its early stages.
Notably, XRP surged to its all-time high within that period, and a prominent analyst recently explained why the digital asset could soon recreate the 80,000% surge it experienced during that time.
The Role of Adoption
The author emphasizes that we’re at the beginning of cryptocurrency adoption, with less than 15% of people having invested. This suggests substantial room for growth in the crypto market, including XRP. As adoption increases, so could the value of these digital assets.
Institutional interest in cryptocurrencies has increased, with major companies like Square, MicroStrategy, and Tesla investing in digital assets. While much of this focus has been on Bitcoin, the trend could extend to other cryptocurrencies like XRP, potentially driving up demand and value.
Jones notes that more than 80 central banks are studying and testing central bank digital currencies, indicating a broader shift towards digital assets in the financial sector.
The book also points out the exceptionally high compounding rates in cryptocurrencies compared to traditional investments. XRP’s one-year return of 355% (as of September 2021) significantly outperforms typical stock market returns. These higher return rates make cryptocurrencies attractive to investors looking for growth opportunities.
Jones frames cryptocurrencies as part of a broader technological revolution she calls the “quantum age.” This perspective suggests that digital assets like XRP are positioned for long-term growth and adoption, regardless of short-term regulatory challenges.
The author argues that this technological leap is comparable to previous revolutions like personal computers and the internet which created massive wealth. She also discusses the changing landscape of finance, suggesting that cryptocurrencies like XRP could play a significant role in the future of banking and international transactions.
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How to Gain From XRP
To mitigate risk, Jones recommends allocating only 5% of an investment portfolio to cryptocurrencies. This approach allows investors to benefit from high returns while limiting exposure to market volatility.
She notes that XRP and other cryptocurrencies provide retail investors access to potentially high-growth, early-stage investments that were previously out of reach for most people and encourage a long-term perspective on these investments.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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