Recent comments from experts raise questions about the future of XRP and its potential profits, highlighting the importance of financial planning.
Experts' Warning on Speculation
Jake Claver, CEO of Digital Ascension Group, urges XRP holders to stop hoping for price growth and instead focus on planning for future returns. In a September 10 post, he stated:
> "Too many people in crypto are flying blind."
Claver emphasizes that even if XRP reaches $100 per token, this rise is meaningless for those without a proper financial plan. He adds that financial freedom doesn’t come from hoping but from careful preparation and planning.
Could XRP Hit $10 Before $100?
Among experts, there are increasing debates about whether XRP can realistically reach $10 before targeting $100. Analysts like Davie Satoshi have spotted a "textbook Elliott Wave structure" on XRP’s monthly chart, suggesting that the token could climb to a range between $8 and $30 in the next phase. This piques interest among traders seeing $10-$30 as achievable near-term targets.
The Importance of Financial Planning for Investors
Claver also emphasizes that without pre-established plans, any price surge could lead to missed opportunities. He recommends that investors set financial goals, document strategies, and prepare in advance to ensure emotions do not govern decisions during price rallies. Armando Pantoja, a crypto analyst, supports this view, stating that windfalls in this space often vanish within 18 months without a plan.
Ultimately, despite the potential growth of XRP, experts highlight the critical role of financial planning and sustainable strategies in achieving success in the market.
