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XRP’s Path Is Rough and Tough, Not For the Weak: Experts Notes

Published 05/07/2023, 12:55
Updated 05/07/2023, 13:15
XRP’s Path Is Rough and Tough, Not For the Weak: Experts Notes
XRP/USD
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  • Brett Hill warns that holding XRP is a test of resilience, not for the faint-hearted.
  • Some XRP enthusiasts express frustration over prolonged regulatory uncertainty.
  • The head of XRPHealthcare Social Adoption says he will never sell off XRP.

According to Brett Hill, the U.K. admin of xSTICK, an XRPL NFT, holding XRP is not for the faint-hearted. Hill expressed this sentiment in a recent tweet, noting that the journey with XRP would test investors’ resolve, making the majority crumble under pressure.

Hill advised staying persistent, continuing to save, and clinging to the crypto with all their might to emerge victorious. Hill cautioned that XRP’s path would challenge weak-hearted individuals because it is not a quick-flip investment.

The NFT enthusiast concluded that true believers, those who genuinely have faith in XRP’s potential, are the ones who can weather the storm and emerge triumphant.

However, some XRP enthusiasts do not share Hill’s relentless optimism. One commentator voiced frustration, stating that while willing to hold XRP under fair circumstances, the court cases in the United States were needlessly prolonging the regulatory uncertainty.

Another skeptic warned against succumbing to pressure from fear of missing out (FOMO). He pointed out that XRP had disappointed investors during the previous bull run and subsequent years, failing to meet expectations. He questioned the wisdom of investing in XRP and argued that numerous other projects appeared more promising.

Nevertheless, amid the skepticism, some steadfast supporters expressed confidence that XRP would eventually prevail.

Last month, Edward Farina, the Head of Social Adoption at XRPHealthcare, highlighted the challenging nature of holding XRP. He stressed the abundance of fear, uncertainty, and doubt (FUD) surrounding the asset, compounded by the SEC lawsuit and XRP’s delisting from multiple U.S. exchanges.

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