Expert Reveals How He Achieved 14x Returns on XRP Investment

A well-known XRP YouTuber and investor shares the “simple” strategy he adopted to achieve a significant 14x return on his XRP investment

XRP community members have been expressing mixed reactions to XRP’s recent surge above the $3.5 level. Amid the rally, some users regret selling XRP too soon, while others celebrate the significant returns from their early position

This suggests that Moon Lambo has held onto his XRP tokens through volatility and has not sold any since his original purchase

Moreover, he emphasized that there is no trick behind the gains, attributing the success to his firm conviction in XRP, possibly due to his focus on the token’s fundamentals, such as its technology and payment utility

Never Sold XRP

According to Moon Lambo, he first purchased XRP on November 17, 2017, eight years ago. He set his average “buy price” at $0.25, meaning that he accumulated more tokens at prices well below $1.

Since investing in XRP, Moon Lambo claims he has never sold XRP to lock in profits despite the recent price surge. He suggested that XRP’s rally this cycle is far from over, believing that the token’s price will continue to rise this bull season

Notably, the YouTuber issued a rallying cry to the broader XRP community, urging investors to HODL (Hold On for Dear Life). He emphasized the need for market participants to adopt a long-term perspective for XRP.

Original Exit Plan Still Valid

He stated that he will stick to his original exit plan irrespective of a major rally, emphasizing that he is “not an emotional twit.”

Having soared to a multi-year high of $3.65 on July 18, XRP has dipped 4.1% to $3.5, where it currently trades. Despite the dip, XRP’s price is still up 72.99% in the past month and 19.76% over the past week