Edoardo Farina on XRP and Financial Freedom

Edoardo Farina, the founder of Alpha Lions Academy, believes holding at least 1,000 XRP is a no-brainer for anyone serious about financial freedom.

In a recent video, he explained why XRP’s potential could be life-changing and why missing out might be a huge mistake. Farina highlighted that having 2,503 XRP puts an investor among the top 10% of XRP wallets, which he sees as highly achievable for most investors today.

On-Chain Data

Interestingly, recent on-chain data confirms Farina’s estimate. Data from the community-driven Rich-list resource indicates that holding exactly 2,502.9 XRP puts one among the top 10 XRP holders. Farina believes every investor should strive to enter this list.

XRP’s Potential

His argument centers on XRP’s potential to disrupt global finance, especially if it integrates with SWIFT or taps into the derivatives market, processing around $1.2 quadrillion annually. Even capturing a small fraction of this could send XRP’s price soaring. Despite widespread pessimism, Farina suggests prices of $100, $1,000, or even $10,000 per XRP are possible, just like Bitcoin’s rise from being considered worthless to surpassing $100,000.

How Much XRP Do You Need to Retire?

Farina discussed the potential for XRP holdings to help retire, noting that needed amounts vary by location and lifestyle. For example, someone in the U.S. might need more than someone in South America, where currencies are weaker. If XRP hits $100 and you own 1,000 coins, you’ll have $100,000, an amount he considers life-changing in many countries. With 10,000 XRP at the same price, an investor would hold $1 million, presenting them with financial security and flexibility.

According to Farina, a person who understands wealth management could retire comfortably with 10,000 XRP if the price reaches $100. He argued for financial diversification, particularly through real estate. Instead of selling XRP monthly, investors could generate passive income through real estate holdings.

The XRP community pundit stressed that patience is crucial, noting that even holding 1,000 XRP could be enough to retire if the price reaches a lofty $10,000, translating to $10 million for 1,000 XRP holders.

He discussed strategies like lending XRP to banks or using automated market makers for passive income instead of selling holdings. Farina advised that investors who cash out too early may regret the missed greater gains later.

Why Many Will Miss Out

Farina highlighted that most people lack significant savings, emphasizing that in affluent nations like the U.S., many Americans don’t even have $10,000 in their accounts. He believes that accumulating 10,000 XRP is a realistic goal for achieving financial independence.

“Not owning at least 1,000 XRP is the definition of insanity,” he said on X. He reflected on XRP’s past when it traded above $3, citing that he didn’t sell because he diversified into other assets. However, he acknowledged that some might need to sell part of their holdings due to financial stress.

He compared today’s XRP market to Bitcoin in 2012 when prices were below $500, noting that if investors had known Bitcoin would reach $100,000, they would have worked hard to accumulate as much as possible. He believes a similar opportunity exists with XRP.