🚨 A surprise from one of the biggest names in the world of XRP
David Schwartz, former CTO of Ripple, revealed that he sold most of his cryptocurrency holdings because he was uncomfortable with the risk.
His figures were striking:
- $XRP : from 26 million to 3 million.
- $BTC : from 1,500 to just one coin.
- $ETH : from 40,000 to just 6 coins.
Schwartz explained that he sold whenever the price hit a new high, in agreement with his wife, although he now admits he wishes he hadn’t. He said he did it because he hates taking risks.
What’s striking, though, is that he still holds Ripple shares.
To me, this story reminds us that even the people who helped build the crypto industry have different appetites for risk.
Don’t let your confidence in a coin make you forget to manage risk—and remember that you entered these markets to take profits, not just watch them.
David Schwartz, former CTO of Ripple, revealed that he sold most of his cryptocurrency holdings because he was uncomfortable with the risk.
His figures were striking:
- $XRP : from 26 million to 3 million.
- $BTC : from 1,500 to just one coin.
- $ETH : from 40,000 to just 6 coins.
Schwartz explained that he sold whenever the price hit a new high, in agreement with his wife, although he now admits he wishes he hadn’t. He said he did it because he hates taking risks.
What’s striking, though, is that he still holds Ripple shares.
To me, this story reminds us that even the people who helped build the crypto industry have different appetites for risk.
Don’t let your confidence in a coin make you forget to manage risk—and remember that you entered these markets to take profits, not just watch them.
