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Hello this is Matt on the moon Lambo Channel I want to share with you one of My very favorite signs that tells me That perhaps xrp is about to go on a Tremendous price run and it has to do With negative sentiment from people just Just hear me out of this when when there Are a lot of people that have displayed Tremendous negative sentiment about xrp On social media there's actual data There to to to support the claim that That's a good sign for xrp and and I Want to be clear this is not this is not Me being snarky about people who have Become disenchanted by xrp due to price Action there is again actual data to Show that xrp holders developing Negative sentiment is a metric and it's A metric that's worth tracking because It historically means that xrp is a good Buy and likely to increase in price and Here look at at the headline from the Crypto basic expert sheds light on why Xrp performance has been poor since 2017 The FK Folks the fact that that's even a Headline should really tell you Something xrp's up almost double Compared to where it was at the start of This year and it's it's it's still in The top 10 cryptos my market cap it has Been its entire existence despite being Attacked by the SEC for over two and a Half years and it's just the negativity
From some people because xrp It's not like it's been doing horrendous In recent weeks or months uh it it it Hasn't it's been doing its own little Xrp thing but the fact that there are Other coins that are popping off is Absolutely making XR some xrp holders Lose their ever loving minds and it's Comical but before going further I do Want to be clear I do not have a Financial background of any kind I am Not offering Financial advice and you Definitely should not by ourself Anything because of anything I say or Right I'm just an an Enthusiast who Enjoys making YouTube videos about Crypto related topics but just as a Hobby and just for fun all right so this Morning the post on your screen was Shared by santiment which is a fantastic Onchain analytics firm and they weren't Talking about xrp here but there's been It's this what I'm going to share with You what's on your screen right now yes It applies to any cryptocurrency Including xrp but they were talking About four different cryptocurrencies Because you know if you're one of the People that's feeling down and Disappointed with xrp if you are one of Those just know that there are Community Surrounding of every other Cryptocurrency in existence and those People in those communities holding
Those other coins feel the same as you Do holding xrp if other stuff is popping Off rather than what they hold this is Just human this is not unique to xrp and That's an important point that I want to Get across to you guys but check this Out from santiment as markets head into Christmas break the coins that have been Seen particularly extreme negative Sentiment include store J ilv Litecoin Dydx historically the assets with the Most fud correlate with high likelihood Of price Bounces see eventually you guys know why Right eventually you run out of the weak Hands and they will up a storm on On social media they will up a Storm on social media the weak hands Then get out and then what what's what's Left who's left if it's just people like Moon Lambo who will not sell under any Circumstance Good luck driving the price down further So as you see these negative sentiments Creep on up it's actually a good sign That's why despite this this nonsense And I know some people in the xrp Community are really having a hard time I am not this is one of my favorite Metrics out there because it highlights The Ridiculousness of human behavior Which is why I always say when it comes To investing we as humans are our own Worst enemies it's true words have never
Been spoken folks trust me I'm a guy on The internet I would know and so that's Why we get headlines like this again From the Crypt basic expert sheds light On why xrp performance has been poor Since 2017 I don't need to read this Article um but there was this post um From Bill Morgan let me get to is this One yeah this is where I wanted to go They sh they shared a post by for by Attorney Bill Morgan who I am a gigantic Fan of um he's he's gone out of his way To share his legal knowledge of with the Xrp community at length for a huge bulk Of the duration of the secv Ripple case A really smart guy um I have noticed Recently he's been expressing concerns About the price action of Xrp and look it's not like there's a Problem in of itself to note facts about The performance of xrp and so when I I'll show you a little bit different Types of examples just stick with this Video there are people that are like Cursing up a storm they're like I'm out I'm getting not XP that's not what Attorney Bill Morgan's doing he's having Civil discourse with people on social Media platform X which I respect um so Um although I don't happen to share some Of the concerns that he's put forth as It pertains to xrp price action um he's Just having a conversation so you know If if you're going to at this particular
Juncture in time uh bring up negatives About xrp price action this would be the Way to do it and he's he's not one of People that's actually outright Panicking here he's willing to have Discussion on this stuff but he wrote The Following if you point out how weak The long-term trend for xrp Price Movement has been since 2017 expect a Lot of heat and just sell your bags then Replies just don't expect to initiate a Sensible debate on the topic and the Reasons why yeah and so there may be Some of that I'll tell you what me I'm Always willing to engage with people in You know terms of make sure civil Discourse on this topic but you know Once you start getting the people that Are cursing up a storm like you know Like there you can tell that there are Some people that have hit the breaking Point there and I'll show you some of That like these are real examples but to Me it's not that I you know take Glee in People being miserable but it's a real Thing I mean like it's it's a metric It's an actual thing and this is the Type of behavior and so I wanted to Highlight it because again getting to That particular point I don't think Makes logical sense it's just an Emotional human thing but you did have a Thoughtful response to this this post by Attorney Bill Morgan from xrp Community
Member Wrath of Conan and he said some Stuff that was what Pops in my head Immediately cuz when you're talking About xrp price action since 2017 given That it has been almost six years since Xrp hit its alltime high near Four Bucks yeah okay and then on Surface six Years that sounds awful most cryptos Aren't going six years without hit Alltime high but then you must ask are There good reasons for this and I've Already said my Spiel on this with the Fact that you know obviously SEC is Attacking uh Ripple and xrp holders as a Result you know a lawsuit 102 and a half Years duh not surprised that we didn't See an alltime high because of that and Also not surprising that even when xrp Got legal Clarity in July that we didn't See an a new alltime high then because Historically a requirement for that to Happen would be for ex for Bitcoin first To hit a new alltime high and we didn't Have that yet we haven't had it yet so To me it's not surprising and I already Am very familiar with historically how Xrp behaves um and then how it Trends Down and it has it mean it did the same Type of behavior even before from month To month both months are down even Before the SEC attacked Ripple and X XP Holders and so I'm already familiar with This most of what it is to be an xrp Holder for the last decade is to mostly
Trend down and then you get these big Jumps to the upside that make it all Worth it that that's just it for Whatever reason I don't pretend to have All the reasons as to why but I'm Observing this is the case and it's Actually normal so I'm not scared by it And I don't think it's a big deal I Don't see anything out of the ordinary But rraa Conan responded with the Following Alite the problem is rooted in both the Nature of xrp and its origins in 2017 we Discovered people were actual were Actively being paid to FUD it as a Banker's coin it was never as popular as Bitcoin eth Etc after the big run up With a Solly rep the SEC came knocking Yeah so I'll pause a note there he's Absolutely correct about that there was Actually a campaign too where people are Getting paid the equivalent uh I think It wasn't Bitcoin but of like over $500 To go out and just make up nonsense and Lies about uh about xrp just being an Outright scam so that that that's a real Thing and I've highlighted on the Channel before too like that actually Happened it's absurd and that's how Insecure a lot of those bitcoiners were Back then and probably still are today Then R Conan wrote additionally lacking Smart contracts and consensus xrp has Not been useful to speculative investors
Who drive price likewise it hasn't had Enough devs building as everyone hoped Banks would rush in what is miraculous Is that it persists because it really is Useful yeah and so as far as what he Stated there about the lack of smart Contracts that's of course Fair to bring Up and in fact when you look at Developer activity even though it's Trending in the right direction which is Actually rare in the world of crypto I Mean it's there is real developer Activity it's not surprising to me that There's not as many developers uh you Know building on top of xrp as there are For instance like polka do or eth it's Not surprising in the least because There is no layer one smart contract Functionality so there are fewer things You can do with it as a result but That's not some sort of Slam against xrp I don't need every single crypto to do All stuff I I really don't uh xrp is the Best crypto on the planet when it comes Specifically for things generally having To do with payments there's a reason That it continues to be adopted and Again we are still see seeing Directionally things go the right way And there is a possibility that you Could at some unknown point in the Future have the hooks Amendment passed And then there still could be U smart Contract functionality on The xrp Ledger
That is possible so we'll see if it ever Happens but I think that that would Result in a whole lot more developers Jumping on board the network but just Because there's that Gap and all like Ran's making reasonable points here I'm Just pointing out that even though that Is the case this is not something that's Going to result in people not Speculating xrp there's a reason it's Always been in the top 10 cryptos by Market Cap um and then there's this and again This is think back to what santiment Said what did santiment say they said That uh historically the assets with the Most fud correlate with high likelihood Of price bounces and so here we have a Prime example from somebody who goes by The name Maximus Prime on social media Platform X and there are two posts Minutes apart like three minutes apart From one another uh here's the first one It's from yesterday morning he wrote If Xrp doesn't get up from this area by Sunday I'm going to be so effing pissed And fed up with xrp GRT that's a coin I'm not familiar with doesn't matter uh GRT had the same effing setup and it's Flying I decided to not only skip other Call outs with xrp setting up but sold My op another cryptocurrency Call out for a nice profet to move into Xrp um and so here you have a person who
Is beating himself up for not being able To know the future he doesn't know What's going to happen in the future Because it hasn't happened and then time Passes and now he knows what happened And he's mad at himself's he's just Furious about it does that Mak sense but This is the behavior that you see and so This is an example of what this why Whatever happens in price I don't give a Damn you know I just I I just I buy Stuff I hold about 30 different Cryptocurrencies they pop off at Different times and life is good I have Broad exposure like why not just have Broad exposure and then when some stuff Goes up and other stuff doesn't not get Mad about how about just don't get mad About it but this is the behavior that You do continue to see from people and Then three minutes later he was so U so Fed up he reposted is what he wrote There and then added he wrote and I'll Censor it because there could be some CH Is in the background he wrote I'm effing Done talking about xrp if it doesn't get Get up here I'll stop talking about it Publicly and start talking about other Crypto and the public will see how much Of a piece of swword it is and how much Opportunity is missed on a regular basis Effing move xrp ashtag crypto Yikes I and again we're all adults we All get to do whatever we want with our
Money we all get to perceive what Happens in the world however and I'm Just tell you that I'm also an xrp Holder and I am happy as a clam I I've Brought exposure to the crypto asset Class an xrp is my largest holding and I'm still not freaking out why would I Be freaking out why would I beat myself Up for not knowing the future why would I be mad at myself for not knowing that The SEC was going to attack XP Holders that's stupid and the story Isn't over this is such an exciting time To to be in crypto you know but but Here's another one here's an individual Named Matt great name but he wrote I Once owned 1 million xrp sat on it for a Year before I realized it's dead money Thank God I switched to salana and inj You can have the legal Clarity I'll take The millions and Profit really millions and profit are You sure I mean okay maybe he's telling The truth there but usually people that Have those emotional responses I just I Have a hard time believing that they're The ones making the millions of dollars When they're making important financial Decisions rather you know based on Emotion rather than logic and reason and Data that's kind of kind of concerning To me dead money folks this is the this Is the same stuff that I saw in the Middle of December in 2017 six years ago
And I will never forget the YouTuber I Just I wish I knew who it was but There's a YouTuber and two or three days before Xrp went on its biggest run in history Up to almost four bucks two or three Days before that I watched a video from This guy about how uh he wish that he Hadn't bought xrp and he just sold all Of his X X RP because it hadn't moved so It wasn't because anything changed there Wasn't any sort of negative in terms of Fundamentals nothing changed he wanted To chase stuff that had already popped And xrp hadn't moved and he was Impatient with It so I have a suspicion that all these People that are writing stuff like this And this is all over social media Platform it's all over social media in General I I have a strong suspicion that Uh these these particular types of posts Will age like a fine milk we're gon to Look back because look if if Bitcoin Really does hit a new alltime high do You really think xrp Won't I mean if it doesn't then we're Going to have to have some sort of Serious discussion unless there's some Sort of new development Black Swan event Okay that would be Different but why wouldn't It so we'll see what happens here but Nothing like all we've seen is positive
Developments there haven't been Negatives here And here you had xrp Community member Michelle Nightingale um I think she is The right attitude and again you guys Can be in in get get in an xrp you can Get out of xrp I don't care what you're Doing you guys can do whatever the hell You want I'm just talking about the Mindset because it's wrong and I'm Telling you as santiment noted that type Of sentiment is a precursor to positive Price Action because it's silly to be acting Like this and having this emotional Responses it doesn't make Sense and because again you look at the People that are the most negative They're they're not most of them they're Not even talking about you know anything From a fundamental perspective this or That it's it really is other stuff went Up and xrp hasn't that's it well that's Not a properly sophisticated way of Looking at Markets and then people chase the thing And then xrp does go and then they can Go fomo back in and then they just Missed out on a bunch of the the Opportunity but Michelle Nightingale I Think she's got the right sentiment and She wrote The Following This time last year xrp was 35 cents Today it's 62 cents a 77% gain
Phenomenal Roi by any metric comparing It to other crypt gains is a Fool's Errand different cryptos have different Rois choosing to focus on negatives in The face of such phenomenal returns and At the start of a bll run is Rediculous now that is spot on she Absolutely knocked it out of the park With that particular s And you you however many coins you hold You you hold close to 0% of all cryptos Into existence because there are over 20,000 different current coins so most Of the time when you hear about coins Popping off it's not going to be Something that you hold you should in Fact if you do hold something that's Going off you should be surprised be Like this is like an outlier because Most coins aren't going at the same time But when they do go since there's over 20,000 of them I don't hold it so when One finally does go that you hold you Should be like oh cool but you shouldn't Look at everything else going in the Meantime and think that that means you Did something wrong or there's something Wrong with the coins that you hold that In and of itself isn't a good reason That doesn't make any Sense you know either the stuff's going To go or it's not but you don't pick the Timeline son you just don't that's this Is not how any of this works here and so
To to be as she said here to be freaking Out about the price of xrp when it's way Up this year and it has legal Clarity Everything's going for it developer Activity is up all this stuff all this Incredible stuff which actually matters And we know it matters in terms of Whether or not coins are likely to run All of this is the case at the start of A bull run or the biggest part of the Bull Run anyway Presumably and this is the time to be Getting out of xrp is it I mean you do What you guys do whatever you want I Think it's Insanity I mean it's just it Is not it's it's emotional it's not Grounded in in any sort of you know Material process that that is based in Logic that's the reason I have trouble With it and so I see this and I know That people are Their Own Worst Enemy Which is why I want to highlight this Behavior so that you listening to this Will be less likely to fall victim to Yourself which is not me telling you to Buy or sell or hold anything you guys Make that decision I don't know what's Right for you and I don't know what's Going to happen pricewise for xrp or Anything else I admit that I do not know But what I am saying is whatever Decisions you make use logic data reason Hell speak to a financial advisor Because I'm not speak to an actual
Financial adviser But to make important financial Decisions based on your feel feels on Your Emotions is not something that adults Should be doing but so many do that's The reason I wanted to highlight this Because this sentiment is running Rampant and I think the best is yet Ahead personally so I'm just going to Sit here and hold and if xrp is among The last to pop so be it I hold about 30 Different coins a lot of stuff I'm Holding is already taken off xrp's had a Great year as far as I'm concerned we're Entering the fun part of the bull cycle Cool cool I'm loving this stuff here so I just want to share my perspective Because these people get to share their Negativity on the internet so I'm Sharing my positivity on the internet as It pertains to xrp specifically and I Think my perspective makes way more Sense well it's my perspective so that Shouldn't surprise me but I really do I I think that my approach to all this Makes way more sense but let me know What you think I'm not a financial Adviser you should not buy yourself Anything because of anything I say or Right that would be a very very very bad Idea until next time to the moonland Tempo
