I had to come back to this a little later. At the end of the day for myself I have never liked XRP because it wasn't what crypto was about to me but then in 2017 I did say screw it and got on the rocket for some gains and hit the eject. Then had a bag before the SEC lawsuit and got rid of most of it like I was saying earlier.
I will say this. The XRP Army is strong. I don't fully understand why that is but the market has spoken. The price predictions of $589 or $10,000 and all that. I don't know about all that. I can see a clear path to $3. And then $5 or $10 isn't really that wild in some respects consider it is repressed and people FOMO and we see a similar god candle like we saw with DOGE in 2021. Pretty crazy overall.
I said in another post that we actually needed Ripple Labs in the fight against the SEC along with Coinbase, Gemini, Kraken, Bittrex, and Richard Heart. Bittrex being the fallen one. It brought enough attention that now 18 states have sued the SEC and Gary Ginsler because of all the lawsuits they filed. So while I didn't like what XRP was and really is we needed it to be there. Brad is actually a corporate finance looking guy so the old guard could identify with him more when they were under brutal attack.
I hate XRP, because it is so banksterish, but it looks like its going to be used as the backbone of new bankster. So, lots of upside.
I hatez what Gary did. However, i bet it was all scripted.
As in, if XRP lost, they would have had complete legal definition about compliance. They would be the only "compliant" crypto. Which may have been a bigger win.
But, i don't know. I do not know whether to take profit, or to just hold on because its going much higher.
I would almost hedge your bets with a little bit of it to other stuff like ICP. The parabolic move XRP just made is so insane. It can't keep that up indefinitely but maybe it cools and shoots to $5. It really is hard saying but even if you skimmed 10% of it to something that hasn't made it's major move yet could be one idea.