Do NOT Sell Your XRP

All right, welcome back to the channel. Today we are going over 3 of my top— actually, my top 3, absolutely top 3 reasons that you should not sell your XRP. This also— I want to use this video to make the update or announcement that I have changed my XRP exit strategy. A lot of you know this already, but I don't think I've put it in an actual video. I have changed my XRP exit strategy 2, the fact that I'm no longer selling. I am not selling. So previously I was going to sell some when we hit all-time high, which we kind of did, uh, but we didn't like blast past it. I was looking for the blast past all-time high, like $5 or $6. Um, I was gonna sell then, but I don't care anymore. I am not selling. I am too bullish to sell, and it's because of these 3 reasons. Uh, if you watch until the end, you will see all 3 of these reasons. It's probably going to make you want to buy more XRP. It's probably going to make you more bullish. Um, drop a like, hit the subscribe button. We are bringing a realistic voice of truth and reason and just logic to the XRP community. Um, I used to definitely be one of those that was spewing crazy $10,000 price predictions. We can't have that happening anymore. Crypto is a real opportunity to make a lot of money and to build awesome businesses and tools and revolutionize finance, and we can't have yappers just yapping about $10,000, $5,000. Let's focus on the present moment. We need builders, we need real people, but let's get into the 3 reasons. Roll the intro. Make sure you drop a like. Okay, number 1, uh, actually let's start off with showing you where XRP is so you know, um, how awesome it was, um, to, to say this in this video, right? $1.88. I love doing the timestamp thing, right? My channel Actually, we recently hit 5 years, officially 5 years on crypto YouTube. You can see my first video. There's a couple other videos that are privated, but I wanted to make this one my first and the HBAR one where we found it at 3 cents. So it's been 5 years, right? Um, and I love just seeing the timestamps. So this is a timestamp. XRP is at $1.88. We are down 37% on the month, on 3-month, 10% on the month, 2.4% on the 7 days, and even on the yearly we are still down. Um, but you need to zoom out, right? A lot of people are like, well, what has XRP even done? It's not doing anything, it's never done anything. Uh, you guys do know, like, just back in like 2017 you could have got in at under 1 cent on XRP, right? So we have came from— if you zoom out, we've came from under 1 cent to above $1, $2, $3. It's insane. Okay, reason number 1, um, is Ripple is positioned— and by the way, these reasons get better and better, so this is kind of like number 3, right? These are in order of how good they are, uh, as reasons. Ripple AI Advisor, what are they doing on their website? Number 1, Ripple and XRP are positioned to be the savior to the banking system, right? So we know AI is here in full force, um, but the money system is not smart yet. It's not even close to as updated as we need it. And these guys are positioned to actually be the savior. So when the banks need upgrading across the globe. Obviously they're going to do their own upgrades too, but Ripple is worlds ahead, worlds ahead, and that's why they're positioned in a really good position. So 4 acquisitions, 1 unified infrastructure. This is the big thing they've been talking about, Ripple, is the 4 companies. So it's G-Treasury. You know what the G means, right? Do you know what the G means? Um, that's a, uh, I'll leave that up to interpretation. But G-Treasury, we've got RAIL, we've got Palisade, and we've got Ripple Prime. These four show me that Ripple is really setting the stage for a new infrastructure, uh, and this is all going to help XRP of course as well because they are the biggest investor in XRP of all time. They're the biggest investor, Ripple. So that's the first reason is that when it all crumbles and the financial system needs replacing and updating, Ripple is perfectly positioned. That is one of the things that's been the main driver for me from day one of why I shouldn't sell my XRP or why I'm not going to sell my XRP and why you should consider not selling it. That's been number one thing. Now these other two reasons didn't exist in 2017 for me. These two reasons did not exist. The next one is the ETFs, okay? Super cool website here, the XRP ETF Tracker. They've got the 6 spot ETFs in a free dashboard. Pretty sick. You can see the live XRP price, the total assets under management. XRP locked in vaults, we're going to talk about that in a second. Total supply, so a good dashboard. This is, this is a pretty sick website. And daily volume, so today there was only 10 million. I believe yesterday it was 15 million. You can see the index fund volume, but Bitwise is number 1 now. I believe yesterday Franklin Templeton was number 1. We've got Canary Capital, Grayscale, Rex Osprey, 21 shares. And you can see how many shares they have— excuse me— and how much money, right? Market open, like, very cool dashboard right here. And then you can see the ETF flows. So if you hover over these— market is closed on Christmas, of course, but it's December 23rd today, so this will fill in once the day is over. and earn passive income. That is the main thing. I think that's like kind of a magnum opus for the, for the, um, XRP community is when we can do that. Now I also had a tweet about this, uh, down here. I said XRP was meant to help the banks, but it's really turning everybody into their own bank with passive income yield. Okay, now that right here also is explaining the XRP Ledger lending protocol. Now right off the rip, if you're not technical or anything— I'm like barely technical— this looks like a pyramid scheme of some, some sort, you know, showing how to like pyramid scheme. Um, but this is how it works on a basic level, right? The depositor— so this would be you— if you want to earn on your XRP, you have to deposit it So put XRP or an IOU like, like Ripple USD, the stablecoin, into a vault. Then the loan broker gives out one or multiple XRP loans out to borrowers. So this only works with lenders and borrowers, right? So you're a depositor and then the loan broker actually gives out loans to people like who want to borrow XRP. And then the borrower— borrowers are paying interest to the loan broker. The loan broker takes that money and collects the interest and puts it into a vault, and then the vault value increases and depositors earn yield. Okay, that's you. Normally, borrowers would eventually pay back the full borrowed amount plus interest. They might default though to To reduce the impact on the depositors, the loan broker has to deposit a buffer in case of a loan default. The loan broker absorbs the loss to the amount they provided the buffer. It makes them have skin in the game. So the loan broker actually has to put up a buffer, some buffer capital, okay? Super crazy. So you can see the outline. Right here. It starts with the depositors and into the vault owner, single asset vault, and then the loan broker is taking this capital and loaning it out, you know. So it's— I mean, this is how tons of different stuff works in the financial system. But lots of— there's lots of questions about this, like how much are you gonna earn and all that. Honestly, who cares, bro? Like someone's going to make it easy. Right now it's pretty hard, like pretty technical to do this. But that is reason number 3, is because it's turning people into their own bank. And, you know, Flare is really focused on this through Firelight, right? Firelight unlocking DeFi opportunities. You can stake XRP right there, big button. And Yeah, super good. I guess this is open now. I guess this is open. Like, can I get in here now? Because this wasn't open before. So let's see. Boom. Okay, yeah, here's the vault, right? Firelight, um, XRP. That's the vault deposits. You have to connect your wallet, obviously. Um, there's the inflows, 31 million FXRP. Super crazy. Then you also have Strobe, right? Strobe. We do have a referral link. We're not sponsored or paid by Strobe, but we do have a referral link here. You can be earning 1.57, uh, APY. I'll leave the link in the description for Strobe. They've got a bunch of different kind of things on here, but you can also earn there. So those are the 3 top reasons why you shouldn't sell your XRP. Now, right after this, I'm gonna go and film a video called 3 reasons you should sell your XRP. I'm not gonna do that. That would just be treacherous. Um, no, I can't deal with the hate comments that would come from that. And honestly, I don't even think I can come up with 3 reasons to sell your XRP. But I appreciate you all for watching. If you watched until the end, comment XRP DeFi so I know you watched until the end, and I'll try like your comment um, or give it the hard thing. I appreciate all of you. Subscribe, um, and turn notifications on as well. Um, join the Discord. All the important links are in the description. And goodbye.