I read things like "xrp should be at 1 or 2 usd by now". Should it? Is there a law that tells xrp what to do? Or was there a memo I missed?
And hey, it could be at 2 dollars in a week. Will it? I don't know? Should it? No (see above).
We are still victims of the whales. The big boys decide what happens. If they decide that xrp should go up, it will at this stage. And if it does and it reaches the targets I have set, I will cash out.
But if it does not, if the big boys tell xrp to sit and not grow, well, so be it. The price you see today, the price of all crypto's, is just speculation. It does not reflect the real value. Value comes from usage, and there a see a big market for xrp. I see use cases no other crypto has. And now with Flare, all is possible. Does this mean price will go up beyond previous ATH? I don't know, nobody does. But if you were to move billions over the xrpl, price has to be higher than today. Yes, there are 100 billion coins, but half of them is locked up. The only xrp that can be used are those in the order books.
And that is why I hold on to xrp. Right now, if the whales decide so, a bullrun could start that takes xrp well over 10usd. But if no such bull run happens, we still have a plan B, and that is to wait until usage drives the price higher. Will this happen? I surely hope so, but I am not sure.