XRP News Today: Crypto Advocate Farina Plans to Hold XRP Until Triple-Digit Values

Edoardo Farina, a prominent cryptocurrency advocate and founder of Alpha Lions Academy, has outlined a strategic plan for managing his XRP holdings. Unlike many investors who focus on short-term gains, Farina aims to retain most of his XRP until the token reaches triple-digit values. Currently, XRP is trading at $2.19, significantly below Farina’s long-term target. His approach is centered on value retention, selective profit-taking, and long-term utility through decentralized finance.

Farina does not plan to sell a substantial portion of his XRP, even as the token’s value increases. He has previously advised community members against selling their tokens at current levels. Farina’s first small sale will occur when the asset hits $10, a point he considers suitable for locking in a minor percentage of gains. This step is not an exit strategy but a way to celebrate progress and redirect some funds into real estate investments, particularly in Greece, where he has already been active with proceeds from other cryptocurrencies.

Farina manages his holdings by storing the vast majority of his XRP offline in cold wallets, with only a small portion held on exchanges for liquidity purposes. He recently highlighted the risks associated with centralized exchanges, drawing attention to the Mt. Gox collapse that devastated many Bitcoin holders. Farina warned XRP holders to move their tokens off centralized exchanges to mitigate such risks.

Farina revealed that he would sell some tokens at $50, but noted that the scale would be modest. His next target is $100, and he explained that selling just 1,000 tokens at this price would bring in $100,000. Farina argued that withdrawing the original capital investment is a sound practice in risk management, but insisted that the majority of his tokens will not be sold.

Farina’s ultimate goal does not involve liquidation but rather participation in lending opportunities once the legal framework for XRP becomes more defined. He believes that lending XRP through regulated platforms will allow investors to earn yield in stablecoins, fiat currencies, or even XRP itself. Other experts have also advocated for this approach, as they expect large-scale institutional adoption once all regulatory issues are resolved.

While some experts believe XRP may not hit $100 until the next decade, Farina remains unfazed, emphasizing long-term utility and passive income potential. He advises strategic selling, not reacting to short-term price shifts. Farina's stance is part of a broader narrative within the crypto community, where some investors are holding onto their XRP in anticipation of substantial price increases. The sentiment is bolstered by the potential for institutional buying, which could drive the price of XRP to unprecedented levels.

Farina's strategy of holding until a specific price point is reached reflects a long-term investment approach, focusing on the underlying technology and market trends rather than short-term price fluctuations. This approach is not without its risks, but it is grounded in the belief that XRP's utility and adoption will continue to grow, making it a valuable asset in the future. Farina's exit strategy, which involves holding onto XRP until it reaches a certain price, is a testament to his confidence in the cryptocurrency's future. His decision to wait for a significant price increase before selling highlights the potential for long-term gains and the importance of a patient investment approach. This strategy is particularly relevant in the context of the broader crypto market, where volatility and uncertainty are common. By focusing on the long-term potential of XRP, Farina is positioning himself to benefit from the cryptocurrency's growth over time.