XRP holders had a good reason to hold as many XRP tokens as possible that had led to huge increase of price as compared to mid-Nov.
After the airdrop snapshot, the price of XRP has been gradually decreasing.
One major concern that most of XRP holders like me would be whether the price would eventually go back to $0.25 before the price pump after the airdrop announcement.
On the other hand, XRP may have potential of greater price upward move with its various usage with flare network and spark tokens.
I had also written about an article regarding the launch of DBS Digital Exchange in Singapore that has included XRP as one of the initial cryptocurrencies.
@fun2learn/launch-of-cryptocurrency-service-by-dbs-singapore
With positive potential, I am wondering positive potential would be able to cushion the current price of XRP to avoid it from hitting down to $0.25.
I can see some resistance in the downward trend and I am wondering whether the buying can outperform the selling.
The price of XRP is still heading downward so I am wondering whether I should wait for it to head rock bottom so that I can get XRP at its low so that I can reap a nice reward while hodling for all the future implementation.
Most investments have their own risk and it is really getting ourselves in at the right moment.
I am still waiting to see how the price of XRP would work out before making my next move.
Investing in cryptocurrency like XRP is definitely better than buying lottery since we can still hodl and wait for the price to rise one day.
Patience does play an important part in long term investment.