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Hello this is Matt on the moon Lambo Channel and I want to hear from all of You if you would please drop a comment Below I'd appreciate it I'm just curious Genuinely curious I would love to hear From all of you on how much xrp do you Personally believe is enough to make you A millionaire this Market cycle just Holding xrp specifically um I did some Very very simple calculations here so You can get kind of a rough idea if you Don't have a that the type of thing Committed to memory here and it's just It's so fascinating because I know There's going to be broad opinions on This because there's There's quite a variance in terms of What people think is reasonable to Expect price-wise this Market cycle but But either way like whether you're on One extreme or another it's just so Fascinating and this is something I Think that probably most of us would Agree on like we're in a position where For like half the price of a new car you Could like you could turn that into Seven figures with xrp if the price of Xrp goes where we're hoping that it will Which isn't a guarantee uh but you know Me I'm Mr xrp Bull like I firmly believe We're going to see a new all-time high In enter price Discovery and if I'm Wrong I'm wrong so be it uh but it's Just it's just the case like if we are
Right about this and I say we broadly Speaking for the xrp community because I Think we're pretty at least you know Directionally on the same page here uh It's it's just it's not that you know Tens of thousands of dollars is nothing That's a lot of money to pretty much Anybody on the planet I I get that not Everyone but to most people but still Like people spend more money on a car Than they than they would on this Opportunity for life changing it's just Just so fascinating to me because the Opportunity is real it is there and People will instead of investing in xrp Or crypto some people will just put it Into a depreciating asset it's just like My God opportunity cost folks it's a Real Thing anyway 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 buy or sell Anything because of anything I say or Right I'm just an Enthusiast who enjoys Making YouTube videos about crypto Related topics but just as a hobby and Just for fun all right so here's a Headline from times tabloid analyst States how much xrp to make millionaires This bull cycle says 500 xrp not Enough uh with the 2024 Bull Run Expected to kick off soon the debate of
How much xrp it takes to become a Millionaire has begun within the xrp Community Pro xrp influencer Kenny began The discussion on X by claiming That 500 xrp can unlock seven figure Riches now folks uh nothing whatsoever Personal against Kenny I think that is Silly though I I really the idea of 500 Xrp making you rich especially this Market cycle I think it's beyond Anything that's remotely reasonable just My personal opinion I I just Respectfully disagree on that point and Again I could not possibly be more Pro Xrp but that's just way too out 500 xrp You're going to be a millionaire from That no I mean my God the amount of Money like look you could have turned a Small amount of money uh into massive Earnings during the market cycle when it When xrp did hit its alltime high close To four bucks because it started at About half a penny but you're going to Need to put in more money now if you Want to achieve that now still Relatively speaking it's not much in the Scheme of things especially if we're Right about xrp and if xrp is worth you Know at some point in the future 10 Bucks 20 30 40 50 which is is plausible Like that doesn't sound crazy I don't Know if it's going to happen but that Does not sound the least bit crazy like This is the time to be planning for such
Things you know what I'm saying anyway Pece continues xrp is currently trading At 62 cents down 1.51% in 24 hours 500 Xrp costs $312 55 and turning that into Millions seems like a steep ask for xrp That I agree with that I definitely Agree with however a Savvy Trader Recently turned 1.5 salana worth $92 at The time to $1.55 million showing the Power of cryptocurrencies in the hands Of the right Traders okay folks you hear Anecdotal stories like this almost every Story that you could talk about what Traders do ins in disaster almost every Single single Trader on the planet loses Money and the only thing that Consistently works when it comes to Investing it's true in equities it's True in crypto is you hold and you do Nothing the cool thing is you're getting Paid literally to do nothing but you Have to actually do nothing and people Have a hard time doing nothing they they Want to get in and out of positions they Emotionally get charged and you know Then people make mistakes but the only Thing we know for sure that consistently Works every single time is to just have Broad exposure to an asset class and Then you know you buy in and then you Don't do stuff and it doesn't mean Everything that you buy uh is going to Be worth way more in the future a lot of This stuff I think does go to zero it's
The same in the stock market certain Things go to zero and companies fall out Of the you know the P 500 Obviously but the point is if you just Have broad exposure and you let time Pass it does the heavy lifting for you It works 100% of the Time period And so this idea of trying To get in and out of positions and you Know timing the market and getrich quick Schemes it's all just so absurd to me I'm sorry like the thousands of percent Increases that are possible in crypto That's not enough for you you want to Try and Time stuff and get in and out Because you think you're smarter than Everybody else even though almost Everyone that does that fails miserably No thank you no thank you not playing That game Peace continues according to Kenny he Has been answering the same question for Years and has held his belief that 500 Xrp can make a crypto investor a Millionaire however to achieve Kenny's Expectations xrp's price would need to Skyrocket to a staggering $2,000 almost 320,000 per higher than its current Level folks it's not happening look from The bottom to the top of the market Cycle you know that where we saw xrp Peak at it all-time High close four Bucks from the bottom to the top of that
Cycle xrp increased by 80,000 per. Here's the deal though with each Subsequent Market cycle with the being The case that there's always more money In the next Market Market cycle than the Last it's harder to get a multiplier Effect it's harder to get it to double Triple quadruple so on and so forth so If you had an 8,000% increase from the Bottom to the top that cycle that Whatever the percentage is going to be For the subsequent one it's going to be Less this is just how it works as more Money flows into the crypto that say It's true of Bitcoin it's true of e it's True of xrp so no we will not be seen a 320,000 increase in this market cycle no That is not remotely reasonable now in Terms of dollars yes we can shatter the Previous but my God we're starting at a Higher point we're starting at a higher Low than Before so anyway uh P continues although Kenny believes this can happen a Prominent crypto analyst disagreed with This giving his predictions of how well Xrp can perform JD one of the top Analysts in the crypto industry beli Believes the path to millionaire status Lies with a larger xrp holding somewhere Between 100,000 xrp and 200,000 Xrp the analyst wrote actually it's on Your screen here I'll just read uh Honestly about 100,000 to 200,000 xrp
Would make you a millionaire this coming Cycle brother 500 xrp assumes $2,000 xrp Highly unlikely per technicals majority Of the xrp community will get wrecked to Be honest it's going to be a fun but Very sad ride for most and so look it Depends on what your target is too like Maybe for some of you out there you're Not even targeting a million dollars I'm Sure lots of you are but uh if you're Targeting less that's perfectly fine you Do whatever you want to do so it's just For some people that are holding you Know smaller quantities especially if You're talking about 500 500 xrp I'm Sorry it's just not going to happen you Know not to be negative here but like It's not happening like somebody should Tell you this if you if you believe this Stuff like it's it's there's like a 0% Chance it's just not happening but but We should still be excited and happy Because there is like I keep saying very Genuine opportunity here and so what JD Is saying here yeah I mean if if you're A person that's hoping to get seven Figures out of this thing he's probably About right because consider this if you Hold 200,000 uh xrp if you do you had seven Figures you had a million dollars when Xrp is worth five bucks each that's all It takes now of course not many humans Have that much xrp and I do understand
That but maybe you have less maybe you Got 100,000 xrp if you have 100,000 xrp It's simple math if xrp goes to 10 bucks You got a million dollars and these Levels for this coming price this coming Rally if xrp is going to hit a new All-time high my personal opinion is That doesn't sound nuts I don't make Price predictions don't know if it's Going to happen that sounds absolutely Within the realm of possibility so I Agree more so with what JD is saying Here and let's say you have less xrp as Most people do which is fine you know if You say you got 50,000 xrp I mean to me That's still a lot but um you would need For seven figures if you want a million Dollars you need xrp to go to 20 bucks Now although I'm less confident that's Going to happen this Market cycle I Don't I don't think that's remotely Unreasonable if you let enough time pass Ian it's just so it's crazy to think Like you could put in whatever it costs Now you know somewhere in the Neighborhood of what 30,000 bucks is and That actually very reasonably could turn Into a million dollars that is it's Crypto folks if xrp is going to continue To thrive that's what absolutely within The realm of possibility well people Spend more than that on cars people Spending over 50 Grand on new cars You're getting a Ford or a Kia you know
Like you're getting a Hyundai 50 grand For some of these things especially with Inflation being what it is and then the Damn things depreciate or you could have Crypto and if you know what crypto does And you just have broad exposure H maybe That's going to be a better way to Approach things but the opportunity is There and so and even if you're you're You you know you hold bless I understand Like most people don't even have 50,000 Xrp um and and I know it's just because The Ledger is public like the data is Publicly Available but still even for people that Have less than that even if you have 25,000 extra whatever your situation is Well still I say kudos to you for you Know being ahead of everybody else and Jumping a crypto however much you hold Um but you know that's why I keep saying If you let time do the heavy lifting for You which is to say if you do nothing it All works out anyway if we're right About xrp you literally get paid to do Nothing it's amazing what a job you know Some people suck at doing nothing Because they get emotionally involved And they feel like they have to do Stuff uh but even even for the the lower Quantities I just think like even if you Have to wait more than a market cycle or Two or or God forbid three Um if we're right we're right it still
Hits and so that's why I keep saying Like even though JD may very well be Right like most people probably aren't Going to hit seven figures this Market Cycle and he said people are going to Get wrecked well that's I'm sorry to say Like I'm just trying to be real not to Put it down like I'm very excited about What's happening here he's he's probably Right you know I think some people have Very unrealistic expectations but the Good thing is even if So in subsequent Market Cycles you get Unwrecked you know what I'm saying and So this is going to be my third um mega Bull run here assuming this happens Which it looks like it is I think pretty Much everybody agrees we going to have Some from fun times in 2024 this will be My third one and I still haven't sold a Single xrp I'm just patient but if it Goes where I think and hope it will Roughly speaking yes uh I'm I'm I'm Ready to to start some I'm not going to Say how much xrp I have or what my Targets are because you can kind of Figure out based on various things I've Said how much I hold in and I'd rather Keep that private if you don't mind uh But I have what to me is a lot of xrp And there are some people a lot of People have more than me and they they Would not think that's a lot but to me I Have what is a ton of xrp and it's my
Largest individual holding and so it's All subjective whether you listening Have more or less xrp than me doesn't Matter to me it doesn't matter nobody's Better or worse because they have more Or less xrp We're All in This Together We all recognize the opportunity and It's there and so even if you are one of The people that has um you know on the Lower end the opportunity is still there For us if we are right about xrp over The long ha and that so to me that's That's that's what's exciting so yeah I Think JD's right I I I respectfully Disagree with Kenny I think 500 xrp uh Not a snowball's chance in hell you're Going to become a millionaire it just it Just ain't happening um but you know the Opportunity is there even if you don't Have a ton of xrp so 500's too low but I Mean a lot of you listening would have 10,000 xrp or or less than 10,000 xrp What do just and some people have more And it this why I keep saying the the Coolest thing is that the opportunity is Actually real and then like you just got To decide for yourself are you actually Shooting for that 1 million doll Target For one with one individual crypto Holding because I think a lot of people Even if xrp is one of your larger Holdings a lot of people are just Looking at it okay and this is kind of What I'm doing too without saying price
Targets for me or what I'm trying to get Out of crypto um my general strategy is Yes it's so fine xrp that's over a third Of what I hold in United States dollar So it's it's my by a lot my largest Holding but I hold about 30 different Cryptocurrencies and so really what I'm Counting on is being able to cash out a Bunch of different positions as they pop Off that's my plan and then that's going To turn into a big old lump something That's what my plan is anyway roughly We'll see what reality smacks me with But but that's my general Plan um and so like to me and that's why I was kind of saying though how many of You out there actually are looking for Seven figures or is it just the case That you listening are you more so Looking just get yeah a big chunk a big Chunk of change that's very attractive But it's just one of your many crypto Holding so once you pull together then Then that's what gets you into seven Figure land cuz I'm willing to bet that There's a lot of people where that's the Case which sounds perfectly reasonable I Understand the Allure of the million Dollar Mark I totally get it but uh it Doesn't need to be not necessarily right Everybody's got their own individual Target so I don't know I just I think It's interesting topic and I haven't Talked about this in a long time so
Given that I was prompted by this Article uh you know to or well let me Word this I was prompted by this article To to make a video about this because I Found it fascinating And I I'm legitimately curious like all Of you listening let me know what you Think is reasonable and like do you Agree generally with what I'm saying or Do you think I'm way off am I off my Rocker you know because you know there's No perfectly right or wrong answer this Is obviously very subjective it it's Depend it's it's it's an opinion that I Have or multiple opinions I have on the Topic so you're not wrong if you Disagree Necessarily um but there are certain Things that I personally think that is Way too out there like 500 xrp Respectfully no Sorry but uh I'll go a and wrap up here Just but I seriously I would love to see Some comments Below on what you think is Uh is is is reasonable on this topic Like do you have what you believe is Enough xrp to become a millionaire just From xrp this Market cycle I'm not a Financial adviser you should not buy or Sell anything because of anything I say Or right that would be a very very very Bad idea until next time to the Moon Lambo
