I'm going to show you what it takes to become a millionaire with XRP,
one of the most promising digital assets on the market.
I'm going to do some moon math and look at past performance
to see just how many XRP you're going to need to be a millionaire in the next bull run.
Sounds interesting to you?
Let's get it!
Welcome to BitBoy Crypto!
My name is Ben.
And today we're going to be showing you how much XRP you need to be a millionaire.
You know that I'm the de facto leader of the XRP Army,
the supreme, self-proclaimed master and commander of the XRP Army.
The XRP community is one of the strongest in all of crypto.
They show up, speak out and are very involved in every aspect of the technology's development.
That alone tells you that this token price has potential.
But how much XRP do you need to become a millionaire?
The answer is not as simple as you might think.
After I go over that,
I'm going to share some insights about what strategy you can use
to maximize your chances of success.
But above all,
it's essential to do your own research before investing your hard-earned money
into XRP or any other digital assets.
Before I get into it,
I need to disclose I got a bag of XRP and it's growing daily.
if you're watching this video,
you're looking for methods to capitalize on in the bear market
and have already taken steps to improve your holdings.
Although it may not be popular to say,
the reality is the chances of becoming wealthy from only owning 100 coins of anything are quite slim.
So you need to have a game plan.
We need to consider various factors including the current price of XRP,
your investment amount and the length of time you're willing to wait for your investment to pay off.
So I'll break it down a little bit further.
When taking a stake in any investment,
it's always recommended that you start small and gradually increase your investment
as you become more comfortable with the market.
I would say, to become an XRP millionaire,
you need to own approximately 150,000 XRP.
To realistically put yourself in a millionaire territory in 2025,
that would put the price per token of XRP at $6.75.
Very possible.
That's a significant amount of XRP and it's not a small investment.
I understand that it might not be feasible for everyone.
At today's prices, that's about $70,000 worth of XRP.
But keep in mind that the price of XRP is constantly fluctuating.
And the price of XRP as of this recording is sitting at 46¢.
This is still a great price point to accumulate
considering where the token price could go over the next few years.
If crypto investor adopts a long-term investment approach,
grabbing 10,000 or more coins may have the potential to yield substantial financial profits
and leave you sitting pretty if you hold for the long term.
Even just having 10,000 to 20,000 XRP could make your life much easier.
So don't get too discouraged at the thought of having to put $20K or more into XRP.
It's important to keep in mind that due to the fluctuating nature of XRP prices,
you may need to modify your investment strategy accordingly.
I'm not going to get into a DCA mindset after a brief ad from our channel sponsor, Stake.
Thank you, Stake.
150,000 XRP sounds like a lot.
And it is.
But let's break down that into chunks.
What does that mean on a per week basis if you're going to stack from August 1, 2023
through December 25, 2024?
We need to assume an average purchase price in order to make this work.
As the market heads into a new bull run,
the price is going to slide upwards before going parabolic in the middle of 2025.
So timing your buys is very important.
DCA is the way, buy you should weigh it.
You're in the middle of the bear market now,
so this will be your best entry point if you're new to buying XRP.
For the sake of this video,
let's assume XRP has an average price of 75¢ between now and December 31, 2025.
If you want to have 150,000 XRP,
you need to buy $1,500 worth of XRP every week to get to 150k.
That's a lot of dough.
But even if you did 1/3 of that, you'd still have a nice bag of XRP.
So let's see how much you would accumulate if you put $507 a week into XRP.
At that rate, you'd be able to stack about 50,000 XRP during that time period.
That would be roughly $230,000 in 2026.
Still life-changing money if you never had any money like that.
Let's look at a mega bullish scenario for XRP though in 2025.
The SEC case gets dropped.
XRP wins.
They're allowed to fly free.
Let's say XRP goes double digits.
I'm going to unpack the $1 trillion market cap scenario.
Most experts agree that Ethereum will break the $1 trillion market cap barrier in the next bull run.
It already topped out at almost $600 billion last cycle.
So it's not unreasonable to see XRP getting close to that,
especially if Ethereum goes past $1 trillion.
So if XRP starts to run up along Bitcoin and Ethereum,
$1 trillion could be in the cards.
That will make the XRP token worth a staggering $19.80,
giving 150k XRP portfolio a value of $3 million.
Conversely, a $19 XRP will make a 50,000 portfolio worth $1 million.
Now, these are just loose predictions for 2025 and possibly 2026.
Three years may sound like a long time,
but if you thought that crypto was get rich quick,
you're wrong.
Compared to an IRA or other TradFi investments,
waiting three years for a 42X on your investment is something only VCs are able to accomplish.
So consider yourself lucky.
Another important step in building your crypto portfolio is to self-custody your assets.
Do not leave them on an exchange.
If you don't have a seed phrase to your account,
that means you don't own the crypto.
Don't stack your XRP on a KuCoin account.
Move your stack to a Ledger or Trezor cold wallet.
You can find links to purchase those authentic cold wallets down below in the description.
Do not buy them from Amazon.
It's a big mistake.
XRP has shown promising growth in recent years.
It's positioned to increase in value in the coming years.
The SEC case notwithstanding,
the XRP community has continued to develop at a rapid pace
and the excitement in the XRP Army is as intense as ever.
Considering just how much XRP has gone through,
the fact that it's stuck around this long and continues to innovate
should tell you all you need to know about the project.
And as with any investment, it's important to do your own research,
make informed decisions and only invest what you can afford to lose.
Thank you for watching.
Don't forget to subscribe to the channel and smash that like button.
That's all I got.
Be blessed.
BitBoy out.