Gary Cardone, an experienced investor and finance expert, announced that it sells all XRP assets for $ 2,71 by making a remarkable move in the crypto market. Cardone, which details this decision based on 40 years of financial experience, shared the principles that guide investors and wished success to the XRP community. However, this sales led to different reactions in the crypto world and fired a new debate among investors.
Expert made XRP sales
Experienced finance expert Gary Cardone announced that he sold all XRP assets for $ 2,71 in his latest share. Cardone, which translated a total portfolio of 80 thousand dollars in cash, announced its decision based on 40 years of financial experience. Stating that he wished success to the XRP community, Cardone said that his professional instincts direct him to end this investment.
Cardone has added a screenshot showing that it sells 30,000 XRP for $ 2.71 on its sharing. “I really want the XRP community to make big gains. I don’t think it will happen, but my best wishes are with you, ”he said. In addition, he shared the investment principles he followed while making this decision:
- Rule 1: If the dynamics of supply and demand are not clear and stay away if you do not have a strong advantage in the market.
- Rule 2: Avoid if others cannot explain this clearly or draw on a white board.
- Rule 3: Do not trust people who know the price of everything but do not know the value of anything.
- Rule 4: Do not confuse short -term market noise with long -term investment goals.
- Rule 5: True reserve comes from long -term and solid investments.
- Rule 6: Do not follow the crowd, always trust your own judgment.
The decision was met with criticism
Cardone’s decision was met with criticism in the crypto community. The server of the Good Morning Crypto program, “Everyone is free to do what he wants, and that time will show whether the decision is correct. Bloding the wage details shows that you understand the purpose of use, ”he commented. Another critic, “We do not need to understand the internal structure of the phone, just to know the basic functioning,” he said, XRP and XLM may play an important role in the financial world in the long run. This comment showed that despite Cardone’s decision, some investors are still optimistic about the future of XRP.