Pundit Reveals How XRP Investors Can Avoid Making This “Expensive Mistake”
Amid XRP's price struggles and negative sentiment, leading to significant sell-offs, pundit Max Avery warns investors that panic-selling is an "expensive mistake." Instead of selling XRP to take profits—which triggers a 15-37% tax burden and forces investors to time market re-entry—Avery suggests borrowing against XRP holdings. This approach provides cash without selling tokens, avoids taxable events, and maintains exposure to potential price rebounds. Currently, XRP faces a bearish trend with open interest crashing from $10.8 billion to under $3 billion and daily trading volume declining sharply. However, such conditions have historically marked market bottoms, suggesting a possible rebound ahead.
bitcoinist02/26 15:39
