How Much XRP Do You Need?

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Lewis Jackson Teaches Crypto

Lewis Jackson Teaches Crypto

3 ай бұрын

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Пікірлер: 444
@BottleofChips
@BottleofChips 3 ай бұрын
All I want is a nice house for my missus and kids. No lambos or yachts. Just somewhere decent to live.
@robnoe83
@robnoe83 3 ай бұрын
Same here, my friend
@redsunsmr284
@redsunsmr284 3 ай бұрын
Me too. 1800-2000sqft home and retire from work forever.
@another.persons.name.
@another.persons.name. 3 ай бұрын
Same
@robg2347
@robg2347 3 ай бұрын
Same well said
@gaugeray7462
@gaugeray7462 3 ай бұрын
Most of my family is extremely wealthy, and they all live like that. Comfortable, low key. My uncle drove a 20 year old pickup. If my Mom saw me in a Ferrari, she would probably ask if I would like to just give her money? At least she would put it to work.
@tank2047
@tank2047 3 ай бұрын
.006% of the population owns XRP. Only 10% of those hold 5k or more. Only 5% hold 10k or more. So I would say at minimum hold 5k but with 10k you are in great shape. I'm at 13k and still buying. The key is to hold and ignore the BS
@v8lovers990
@v8lovers990 3 ай бұрын
for how long need to hodl
@Axie-yf5zv
@Axie-yf5zv 2 ай бұрын
Oh flip... i only have 100 n buying 😅will there one day... next target is 500 XRP 🎉 🙏
@justaman3419
@justaman3419 2 ай бұрын
I believe in XRP and I own a lot. But let's face reality... Almost any other coin has outperformed XRP in multiple occasions these past years. If I have bought ADA the past bull market or SOL just a year ago, instead of XRP, non I would already have millions. I do believe it con go to 20$ this next bull run though
@ZentrovertJD
@ZentrovertJD 2 ай бұрын
@@justaman3419 face what reality? It’s a market…it’ll be there forever…there’s all the time in the world for XRP to go up…it isn’t a race
@commotiocordis1037
@commotiocordis1037 2 ай бұрын
@@v8lovers990 more than likely hold it forever because none of this XRP hope is turning out to be true, the company is mired in endless lawfare, the promised adaptation never comes beyond tests, the total available coins is a ridiculously high number to maintain it's value in a launching phase and the company constantly dumps from escrow onto the market to pad their pockets rather than drive the price up which would prompt further actual utilization. I'd love to be proven wrong, but I wouldn't buy into any of this promo nonsense, these guys are making good money selling ice cubes to eskimos.
@yveslouis379
@yveslouis379 3 ай бұрын
5,000 XRP is a great number
@WRSB313
@WRSB313 3 ай бұрын
I would push for 10k you will have money to play with then
@saintmte5076
@saintmte5076 3 ай бұрын
I agree with 5K
@KyleHurd
@KyleHurd 3 ай бұрын
More
@mrmrjerich
@mrmrjerich 3 ай бұрын
Dollar cost average, live your life, work on yourself, retire
@briankizer3593
@briankizer3593 3 ай бұрын
5k is nice bag. My 2 sons each have around 5k apiece. They still in high school so that’s a good start for them.
@jacobgrzanowicz2337
@jacobgrzanowicz2337 3 ай бұрын
1. Pay off all debt 2. House PAID off 3. At least two cars PAID off. One for me, one for wife. 4. Savings stash for kids.
@sertaliozer1
@sertaliozer1 3 ай бұрын
Get a house that would pay rent and use the rent to purchase your cars. Don't buy a liability, buy an asset to fuel your expenses
@TheWhyme01
@TheWhyme01 3 ай бұрын
Once upon a time that could have been achieved with just a minimum wage job lol
@XassetshodlRP
@XassetshodlRP 3 ай бұрын
​@@sertaliozer1exactly, but sad to say majority of people don't know how to invest their money, most of them they want to buy things the main purpose is to empress people that they don't like..for information to all, People's don't care what you own.
@CryptoBellwether
@CryptoBellwether 3 ай бұрын
Buy another token, XRP will not change peoples lives. Study tokenomics, math and importance of marketcap. Don't believe the lies Brother!
@TheWhyme01
@TheWhyme01 3 ай бұрын
@@CryptoBellwether market cap lmfaoooo
@andyinnes2178
@andyinnes2178 3 ай бұрын
No one seems to be looking for a simple unencumbered life. No car, no house, no stuff, just your freedom to travel and to lead a simple life anywhere you choose. I had all that stuff and gave it up. Trust me when i tell you, the simpler the better. Under those circumstances how much do you think you really need?
@joarvatnaland6904
@joarvatnaland6904 3 ай бұрын
You don't have a wife, do you?
@davidcoventry2237
@davidcoventry2237 3 ай бұрын
Best response I've seen to this potential wealth creation. Most people seem to want "freedom to have". Your comment suggests you want "freedom to be". Seems like a good choice to me.
@andyinnes2178
@andyinnes2178 3 ай бұрын
@@joarvatnaland6904 No i unencumbered myself of that as well. Now i have an extremely beautiful and lovely Asian girlfriend and life is just great.
@andyinnes2178
@andyinnes2178 3 ай бұрын
@@davidcoventry2237 been doing it for 14 years, best choice i ever made. I get up when i want, go to bed when i want, go where and when i want. Live in paradise in the tropics, in a country with some of the most beautiful women in the world. Topping up the finances is just the cherry on the cake and it won’t change anything i already have, or don’t have as the case may be.
@sharoncorippo4069
@sharoncorippo4069 3 ай бұрын
Excellent thought
@gerardfriesen7768
@gerardfriesen7768 3 ай бұрын
Hodl till reaching 10.000 XRP. Never Ever Sell. Wait till price of at least 250 to 520 dollars🎉❤
@Patcrypto
@Patcrypto 3 ай бұрын
Year 2500 😂
@mahmoudiriadh0210
@mahmoudiriadh0210 2 ай бұрын
KZfaq XRP price predictions 🦬🚀 XRP real life price 🐌🐛
@TheSSPodcast
@TheSSPodcast 17 күн бұрын
Excited about all of these price points to xrp you gave. I plan on hodl’n and acquiring more in the meantime.
@DUES_EX
@DUES_EX 3 ай бұрын
10,000 is enough even with a conservative model
@WRSB313
@WRSB313 3 ай бұрын
10k minimum I totally agree
@mahmoudiriadh0210
@mahmoudiriadh0210 2 ай бұрын
KZfaq XRP price predictions 🦬🚀 XRP real life price 🐌🐛 Yet I have 10k saved 😂😂
@retromojo1
@retromojo1 3 ай бұрын
been holding 147k+ for years........don't even care at this point.....
@WhiteManXRP
@WhiteManXRP 3 ай бұрын
Your good
@marryan2872
@marryan2872 3 ай бұрын
Imagine if you had 47 k and had the rest in bitcoin and say icp. Xrp is my second biggest holding but some of these people are fanatical.
@ItsNotMeItsYou007
@ItsNotMeItsYou007 3 ай бұрын
@@marryan2872 XRP is first. It would be crazy to trade his XRP for Bitcoin unless he has some sort of trading plan to get more XRP. Utility, utility, utility! Bitcoin has none. Bitcoin is temporary.
@XassetshodlRP
@XassetshodlRP 3 ай бұрын
​@@marryan2872we have a different perspective and conviction of our investment. You can say that this time because the BTC is pumping, but even the price of BTC hits to $120k and the XRP is $2 the biggest ROI is XRP do your math dude.
@MushiesWorld
@MushiesWorld 2 ай бұрын
Thats impressive
@robyncurtis8542
@robyncurtis8542 3 ай бұрын
Thank you Lewis for all your hard work. Looking forward to the website being up and running so we can follow along and learn all the things that we didn't realise (the paint bubbling on the Lambo .......😳) I definitely wont need $10k a month to live my lifestyle but am more focussed on setting my family up (6 grandkids that will produce another couple of generations). To them crypto is just Bitcoin so they have a lot to learn. I will be looking into trusts and specialist crypto advisers so that they just don't blow the lot in their lifetime. Again thank you Lewis, you are a shining light in this XRP space 👋👋👋👋👋👋👋
@mikemilton4370
@mikemilton4370 3 ай бұрын
If you have xrp in the future, you won't need money 😊
@WWM860
@WWM860 2 ай бұрын
As someone who has a bachelor's degree, 2 master's degrees, PMP certification, and multiple IT certifications, I can vouch in saying anything worth having takes time, patience, dedication, persistence, and ignoring the doubters. Keep a plan, stick to it, endure through the tough times and stay FOCUSED.
@am7442
@am7442 3 ай бұрын
If people are holding a small amount of xrp and thinking about a rich lifestyle with private jets…….. you are very deluded.
@anglonig1
@anglonig1 3 ай бұрын
Extremely deluded.
@JenniferLogsdon-if7wq
@JenniferLogsdon-if7wq 3 ай бұрын
I am sure that those that thought that when bitcoin was a $1 anything is possible a new economy that has never exacted before
@kathleenbell1356
@kathleenbell1356 2 ай бұрын
I think you would be surprised. Nothing like this has happened before and it’s not about the tokens it’s about their use case. Many coins have actual use cases and the monitory system is going to change that’s a given not just an assumption. Ripple have been positioning themselves for the last ten years to be as close to the top pick as they can be to run the rails of the new monitory system. If you take into account all the set backs they have had in that time and acknowledge just how close they are now you will be able to comprehend the vast amount of money and hard work they have invested in the new monitory system. Some people on here you may be able to class as deluded but Ripple is another matter altogether. They are far from fools and know a dam sight more about what lies ahead than anyone of us including influencers as they have first hand knowledge of what’s coming but when something new is happening everyone plays their cards close to their chest. There is a ton of hopeful competitors out there too and they would love to get a heads up from companies like Ripple. Someone with just 100 XRP could be very well positioned if they have faith enough to hold for a few years that may definitely be life changing for them and you shouldn’t discourage it. I hold almost 60,000 and I have faith to hold it and I’m not rich so it’s no drop in the ocean for me. I have done my research too and unless something terrible and unforeseen happens XRP will find it hard to fail to make millionaires. Look at Bitcoin . It is not suitable to be used in the same wayXRP is. XRP was developed to correct flaws that Bitcoin has. It’s cost to the environment for one. Bitcoin is a store of value coin. A place to put money that is not centralised like a bank and it’s very likely to be much better off there than in any bank. Bitcoin will rise because people believe in it for this reason. In my opinion, thats bitcoins role in the future, a store of value like buying gold or silver but to be honest. I’d rather hold gold or silver. Because Bitcoin relies on people continuing to see it as a store of value. I have a small amount of bit coin and Eth. If the lawsuit against Ripple had not happened, I would not be in XRP now because like many others could not have afforded it. So I consider myself blessed. And I will continue bless myself until I can afford it anymore at which time I’ll have set my family up for their future and the profits I’m taking will give me a good life meantime. Please don’t discourage people for wanting to improve their lives as best they can. People call this a once in a lifetime moment for a reason, because it is. If any of you has doubt in holding onto XRP don’t say, well she has 60,000 it must be good, just ask yourself why people like Raoul Pal are holding millions of XRP!
@kathleenbell1356
@kathleenbell1356 2 ай бұрын
T
@sunzoutgunzout8887
@sunzoutgunzout8887 2 ай бұрын
Have 550 of xrp lol I'd be fine around 100 dollars per xrp lol
@McRuffin
@McRuffin 3 ай бұрын
I want to critique a bit here. When you invest in the stock market, adjusted for inflation, yes you yield 7%. But you’re not supposed to withdraw the full 7-10% from it. If you do that, you will run out of money within 30 years. You should only withdraw 3-4% a year so your principal is protected. The younger you are, the less you can withdraw. It grows by 10% but it’s very important you only take out 3-4%. Studies have shown you WILL run out of money before you die. But otherwise great video
@jasonsmith5688
@jasonsmith5688 3 ай бұрын
My take is you can never have enough! The more you accumulate the lower the price it has to reach, simple maths
@jasonsmith5688
@jasonsmith5688 3 ай бұрын
Lewis have you accounted for the amount you would have to pay in capital gains s tax? We know that taking our portfolio from crypto into traditional finance ie; stocks, ETF’s etc would first require the conversion to fiat then moving from a crypto exchange into our bank account. This would generate a big flag for HMRC surely? Interesting video though, let me know your thoughts on this please
@Akyspiritualhealer
@Akyspiritualhealer 3 ай бұрын
That’s great thank you but you didn’t take into account when you cash out you have the tax implications before you invest it into another asset
@staywelle
@staywelle 3 ай бұрын
12,000. Minimum sounds like a good number plus 3 times as many flare for wrapping. Why would anyone surrender their xrp or their flare?
@samsongrinder4231
@samsongrinder4231 3 ай бұрын
Bitcoin did it with no real utility or adoption.. 50k.. xrp is the new system. It can go to a million $
@GregShannon1963
@GregShannon1963 3 ай бұрын
Bitcoin has only 21-million coins . Equivalent price for XRP is around $18 in market cap. Simple math. In other words, every trillion in valuation of XRP, is $18. Unfortunately, many are too uneducated to understand. Another reason all people should not vote.
@SEATown420
@SEATown420 2 ай бұрын
Bitcoin is the hedgefund's pump and dump for liquidity. XRP has real utility.
@jaymatthews2438
@jaymatthews2438 Ай бұрын
Great video
@xrpendgame6623
@xrpendgame6623 3 ай бұрын
Bare minimum would be, hold onto 1000 xrp indefinitely. You can stake ONLY but never sell this bag. Anything on top is fair game at $10, $100, $1000+.
@mgriff5819
@mgriff5819 3 ай бұрын
Lewis thank you for making that clear about price appreciation. Just be patient stack and they will win. Keep it going mate. From the USA, love ya stuff bud.
@LewisJacksonTeachesCrypto
@LewisJacksonTeachesCrypto 3 ай бұрын
Thats right! Thanks!
@paulinebowen5170
@paulinebowen5170 3 ай бұрын
Thanks Lewis for that breakdown. Appreciate it!!
@LewisJacksonTeachesCrypto
@LewisJacksonTeachesCrypto 3 ай бұрын
Any time!
@azizrahman9496
@azizrahman9496 3 ай бұрын
My opinion MIN- 10k min...sell 5k stake 5k.. Note- if you work from home and one's home is an office please realign your building insurance!
@ianmacgregor7419
@ianmacgregor7419 2 ай бұрын
Are those figures before or after Capital Gains Tax?
@miguelgonzalez6213
@miguelgonzalez6213 3 ай бұрын
Not going to divulge what I hold, but I feel a bit more confident now, because I'm not just holding (potentially) sufficient XRP, I'm also diversified enough that I feel I've got a better shot at this "lifestyle" financial goal that Lewis discussed. 👍
@LewisJacksonTeachesCrypto
@LewisJacksonTeachesCrypto 3 ай бұрын
Great to hear that!
@jayyelland8289
@jayyelland8289 3 ай бұрын
Ditto
@posiefluff7942
@posiefluff7942 3 ай бұрын
Any recommendations other than xrp? Thanks
@bobbybanks77
@bobbybanks77 3 ай бұрын
@@posiefluff7942 Algo, XDC, XLM, FIL, VET, ATOM, QNT, EWT and many more
@robertfairhead4906
@robertfairhead4906 3 ай бұрын
Hi Lewis, agree with everything you have said, but don’t forget to include tax. In Uk, with the sort of figures we are talking about here, you will be looking at losing 45% of your gain in CGT so assuming to achieve those figures we would need to allow more. Any tips on how to reduce the tax liability legally? Thanks for all your excellent and informative videos 👍👍👍
@joeytheq9818
@joeytheq9818 3 ай бұрын
This video invokes a lot of thoughts on my part, but mostly anyone who keeps asking the question "How many XRP do I need" just doesn't get it and are probably not seriously into their finances or crypto for that matter. XRP, Solano, Bitcoin or any of the 4000 other coins are exactly the same. How much money do you want? What is the price you are selling at? That is the amount of any coin you need. That is my first thought. My second thought is anyone who wants a jet isn't really serious about finance either, because they have absolutely no idea what something like that takes to buy, maintain, and keep organized. If I had 200 Million I wouldn't have a jet. They are just stuck in the Instagram world. Sad really. As you said, everyone needs to make a plan. What will make each specific person happy and then see what actually needs to happen. If they need a million dollars and have $10,000, then investing in Bitcoin doesn't really make sense. They need a 100X coin and not a 3X coin. If people cannot understand that then they should just put their money into the S&P or other ETF. They will be much better off in the long run. We do not need everybody to be rich, or nobody will be left to build and manufacture things that are needed.
@mikejohn7273
@mikejohn7273 3 ай бұрын
Xrp is way better then bitcoin and ethereum eth and btc wont be used in the new financial system bitcoin is slow and bad 4 environment also and has high fees
@deltak9776
@deltak9776 3 ай бұрын
While in theory I agree with some of your thoughts....... to say someone who wants a "jet" isn't really serious about finance is ridiculous. The same could be said for any large houses (estates), supercars, etc etc etc. I have been in this space for a long time in comparison to most and I think its up to each individual to determine what they want as a result of an ROI on their investments. It's the individual's preference as to what they want and just because you disagree with said purchases..... doesn't mean the purchases are wrong but simply not your personal choice. At current (last I read), there are about 4% of the world investing in digital assets and of those like 1% of those 4% is investing in XRP. My numbers may be off but I am only trying to make the point that EVERYONE isn't getting rich in the world and there will still be plenty of workers. As far as your statement about the S&P and ETF's- based on statistical data I don't think someone with limited assets should even bother as the top and bottom on both determined by whales and unfortunately far too many retail investors are wiped out those two arenas. The old adage that the best investors become wealthy on the purchase of the assets rather than the sale of the assets is probably a true statement especially when speaking of digital assets and for the faint of heart people who accumulate and HODL. As always I completely respect your opinion and definitely agree that everyone MUST have a exit strategy for anything they invest and that strategy is as important as the initial purchase. Best of luck on all your endeavors.
@cryptoqueen5962
@cryptoqueen5962 2 ай бұрын
I DEFINITELY need way more. Too bad Flucking NYC made it very difficult to get in early. Now, I'm trying to fill my bag as much as I can. Between XRP, Shib, and SOL, I should be good! 😊
@darrendavies1102
@darrendavies1102 3 ай бұрын
Hi lewis, you got a new sub. im from the uk and not got muck xrp, but like you said, if it goes to the moon, i dont need much. But any tips on how to pay if at all tax on our xrp. For example, do you have to pay tax if you load an uphold card and spend on goods like a car ect or evan a coffee. T.y sir
@risquedj
@risquedj 3 ай бұрын
If you HODL until' FULL utility is in play, then I think 10,000 XRP is sufficient. If you are looking to to cash out long before then, you will likely need 100,000 XRP or more.
@Zantega
@Zantega 3 ай бұрын
Just my opinion, but I don't think you will need 10k. Most can't even afford in one go. They do DCA, but most don't hold 2k let alone 5k. It boils down to what you want to accomplish. Even at 10k in the short term you can make profit. We have to remember that payment market isn't ripple focus anymore. They are looking towards nft and other avenues. This tells me that while they are doing work to improve their payment services they are also looking to expand in other developing areas as well. Just do your research and learn/ know what your investing in to.
@mikejohn7273
@mikejohn7273 3 ай бұрын
Gotta wait for global tokenization then xrp will skyrocket should be worth more than overhyped slow and high fees then bitcoin also bitcoin has no utility like xrp
@rocster01
@rocster01 3 ай бұрын
depends if the price ever goes up. I've got a bag of XRP and XLM that I don't need to touch for years. I'll just leave it on my ledger. If it blows up - great...if not, meh....plenty of gains to be made elsewhere.
@a.mendez2894
@a.mendez2894 3 ай бұрын
what if yu cash out your XRP an invest it in an Index Fund or SP500
@XRPXLMXDC
@XRPXLMXDC 3 ай бұрын
XLM XDC still cheap both will be at high price
@deanskidmore4495
@deanskidmore4495 3 ай бұрын
the answer is not that difficult it just depends on your final outcome. 1. how much would money you want, 2. when do you want it (ASAP or dont mind waiting a year or 2 or somewhere in between), 3. what price do you think XRP can get to. What we do know is its not gonna go to $10,000 next week nor is it gonna stay at $0.53 for the next 2 years but somewhere in between
@sion1677
@sion1677 3 ай бұрын
It's very unpredictable, there is actually no timeline that can be given, XRP can shoot up tomorrow or next week or month etc. You talking the truth. The thing I believe is to look at US economy, once the US economy tanks XRP will surge astronomically. Because no matter what people say, I know for fact from research that the banks are heavily involved with XRP behind the scenes. That's why I think an XRP surge will be linked to a US economy downturn or crash. The banks won't ever take a fall.
@TexasBroskiActual
@TexasBroskiActual 3 ай бұрын
50,000 XRP. If it only hits $1000, that will be $50m. That’s enough to build a home, a few cars, donate, and live off profits from staking in AMMs.
@canudigit1970
@canudigit1970 3 ай бұрын
Do you understand how much of a market cap that would take? Not going to happen there are too many projects that are similar XLM XRP ALGO HBAR SHX. So they will never have a MC like that. This bull run I can see 4-5 bucks max for XRP. XLM 2-5 dollars. Algo 3-5 HBAR 2-5. So if your looking for big gains go with the others. BTW my SHX is up 900% for me already. That is XRP XLM form 2014. So look into that monster
@djgoliday
@djgoliday 3 ай бұрын
Exactly Kind if the basic idea I'm going with I have different list for different prices I may be working with depending on price I got plans on plan on plans but yours is kind of the very least what I would like
@MO-vy1ri
@MO-vy1ri 3 ай бұрын
​​@@canudigit1970the market cap is irrelevant when it comes to XRP this is for a fact it can be manipulated.
@ItsNotMeItsYou007
@ItsNotMeItsYou007 3 ай бұрын
@@MO-vy1ri Irrelevant I hope you mean. Also, the US debt is 34 trillion alone. This person does not really understand.
@XassetshodlRP
@XassetshodlRP 3 ай бұрын
​​@@ItsNotMeItsYou007this dude held that assets but he didn't really understand the functionality and the utility of the asset he has bought. So NAIVE 😅
@XRPreston
@XRPreston 3 ай бұрын
In it since 2019. I double my goal.
@360VRStudios
@360VRStudios 3 ай бұрын
Lewis, you are describing a rich lifestyle. Being rich typically means having a lot of possessions and material wealth, while being wealthy is more about having sustainable and lasting wealth.
@sb-kn6vb
@sb-kn6vb 3 ай бұрын
1 XRP. TO THE MOON
@Agustus.589
@Agustus.589 3 ай бұрын
Why the fook are you ppl showing your hand?! It's absurd to be telling a chat full of random strangers how much crypto you have!? Have an open discussion about how much you feel would be a good number and stop flexing your bags...
@LewisJacksonTeachesCrypto
@LewisJacksonTeachesCrypto 3 ай бұрын
Who was flexing their bag?
@boosted_brody5474
@boosted_brody5474 3 ай бұрын
They're mostly lies bro
@Agustus.589
@Agustus.589 3 ай бұрын
@@LewisJacksonTeachesCrypto ppl seemed eager to be sharing what they have in their bags in the live chat.. 🙄
@imperialgrind3128
@imperialgrind3128 3 ай бұрын
What does it matter to you??
@lfh1973
@lfh1973 3 ай бұрын
I don’t think anyone is giving the exact amount, so it doesn’t really matter. Just be smart
@jias77
@jias77 3 ай бұрын
all the deal is the timeline and the amount of XRP you have, if you have 10,00 for example, youll have to wait more than 100,000 or 500,000, its so logic, amount=time
@bigcookprintables1968
@bigcookprintables1968 2 ай бұрын
a nice modest bungalow, in a decent area..happy days.
@mfalc01
@mfalc01 3 ай бұрын
You also need more xrp to pay for cap gains on every xrp you withdrawl and convert to dollars
@hichamoussaime3103
@hichamoussaime3103 3 күн бұрын
I see that the XRP community is starting to lose patience especially when their investment is just locked, there is a limit to how much you can wait.
@moreyouknowcrypto
@moreyouknowcrypto 3 ай бұрын
Good job Lewis! You got me playing with math 👊
@LewisJacksonTeachesCrypto
@LewisJacksonTeachesCrypto 3 ай бұрын
Great job!
@MrJayelamont
@MrJayelamont 3 ай бұрын
Thank you Lewis for this very simple calculation and explanation. It's not complicated folks. Also what you did was give a phenomenal guideline, as a great benchmark for those who may want more each month or less, bravo!
@anthonyclarke5579
@anthonyclarke5579 3 ай бұрын
That was hilarious. I have played the numbers game many times over the past 4 years, so much so that I could have had the part of Del Boy (Only fools and horses) "We're going to be millionaire's". After a while the penny dropped, so did that stop me buying? No. Everybody slags off Gensler but this man has kept XRP at an affordable price. You have spun the wheel with XRP, if you had left your investment in the bank you would had value depreciation. I am hoping for a bull run this year and that's a lot more than any bank could offer me.💰
@citizencain2383
@citizencain2383 3 ай бұрын
I feel adoption and utility will change the game for the price. I think a new standard will arrive that will make the past look like nothing
@hamishmaclean3920
@hamishmaclean3920 3 ай бұрын
Thanks Lewis. My thoughts on this are: If you have a good job, you enjoy, HODL because when true utility kicks in over the next two to three years there will be no telling where the price might be or as a bare minimum take out all the money invested + extra for a treat! If you have enough XRP right now maybe collateralize it with Jake and his team through the Polysign model. There is no more XRP. Trillions is coming into this space.
@XassetshodlRP
@XassetshodlRP 3 ай бұрын
💯 you're right brother.
@jypark7284
@jypark7284 3 ай бұрын
Coin experts who were talking about the rise of XRP first said that it would skyrocket when Jed Mccaleb's stock ran out, but it did not skyrocket at all. If it were ruled that it was not a security, then I also wanted a ruling that sales in the secondary market were not securities, but even then, there was almost no increase. It was said that it would skyrocket when it was re-listed in the US market, but it did not rise. There is only one thing left: IPO. There is a very high possibility that the IPO will result in a crash as there are two prevailing opinions: that XRP will rise or crash. It is already too late to just quickly escape from XRP and buy a coin that has risen relatively less among the top 50 in market capitalization, but it still guarantees your minimal success.
@truthseeker3063
@truthseeker3063 3 ай бұрын
Give you another scenario: Ripple announces a substantial burn of escrow... XRP zooms up. Maybe as a result of settlement with SEC, maybe just to jack up the price.
@HRStats
@HRStats 3 ай бұрын
Lewis, people will only learn the granular details if they're not blinded by the light of crypto skyrocketing. A wise way to put it back to people is what is a healthy amount of XRP to hold X how many years they need to hold it for. Personally, I've held it since 2017. Was I hoping it would skyrocket early on? Yes 100%. Also, I realised it was best to put it in a hard wallet and bury it for 10 years. What is a healthy amount to hold at the current price, 500 If you have disposable cash, I would aim for 1000+. A wise investment strategy is to accumulate it in small amounts and build your crypto holdings.
@stevey-xw4gz
@stevey-xw4gz 3 ай бұрын
It was my biggest bag 6 months ago and up 50% and sold 50%+ DCA to ICP, HBAR and others. Agree, it will get somewhere, some day but other ALTs with more scope in short term. I'll sit with 20K xrp and wait it out....
@markbergerondr.smahtmahk7984
@markbergerondr.smahtmahk7984 3 ай бұрын
Around 64,000 XRP is the new 1% XRP rich list.. just try to keep DCA-ing to reach that goal
@nerdboy8550
@nerdboy8550 3 ай бұрын
Where do you find the rich list that is up to date. The one I used to visit has been shutdown.
@markbergerondr.smahtmahk7984
@markbergerondr.smahtmahk7984 3 ай бұрын
@@nerdboy8550 I forget, but some YT crypto guy just did the updated rich list in January, and 64k and change was the 1%.. it changes all the time.. it was 69k once the 67k.. if you have 50k of XRP and XLM and HBAR with 100k XDC, you’re in good shape.. IMO
@lgr1966
@lgr1966 9 күн бұрын
You can have 50 and get wealthy depending on how long you hold and where the price goes 👍
@charleslarsen1971
@charleslarsen1971 3 ай бұрын
It doesn’t look like you’ve accounted for taxes in your calculations. The minute you sell or convert any xrp you have to take taxes into account. So is that $10k per month before or after taxes? If it’s after tax, need a lot more xrp or a higher price point than what you figured.
@deanskidmore4495
@deanskidmore4495 3 ай бұрын
you do realize the rich don't pay tax they borrow against their assets?
@boobamakaveli8526
@boobamakaveli8526 3 ай бұрын
25 000 xrp is a good start 4 me I think
@streetglide_24c62
@streetglide_24c62 3 ай бұрын
When is the expected peak for crypto mid 2025?
@Sloris19
@Sloris19 3 ай бұрын
It means I'm poor will 10 100 or 1000 make me rich and the answer is if you are asking then you will never have enough, what you should at least consider Is should I keep my money in my bank during an election printing year where it will depreciate for a good 10 - 20% or keep it safe in a decentralized ledger where it can only gain value over the years vs being robbed. Just my 2 cents NFA 😅
@governorofthedeathstar1680
@governorofthedeathstar1680 3 ай бұрын
Why not peg the XRP token to an asset such as gold at its current price? Question answered!
@nocapbussin
@nocapbussin 3 ай бұрын
Because we don't know if XRP will pair in any way to gold. It's all speculation. What is not speculation is that financial institutions will use XRP. As someone who holds precious metals and XRP, I don't view the two in the same category at all. I see XRP as a means for moving liquidity to where I can earn income via lending where with my metals I see them as a hedge against inflation and a weapon against debt. You can calculate Gold and Silver's true value by multiplying the spot prices by the number of ETF contracts. So if there's 400:1 paper to gold/silver than the equation is 400 x the spot price which will tell you how much in dollar value is behind 1 ounce of gold or silver. However, we can't assume that XRP will be tied to gold because gold is not stable enough even though it is a tier one asset. XRP will likely be lumped in with a basket of multiple commodities to help give it value
@governorofthedeathstar1680
@governorofthedeathstar1680 3 ай бұрын
@@nocapbussin .....very informative. Thank you for your response.
@enzo_2417
@enzo_2417 3 ай бұрын
The value of money will change after this. 1 dollar could have 100 dollars in buying power. Or worse it could be 100 dollars to one dollar buying power.
@andrewkriel1563
@andrewkriel1563 18 күн бұрын
Motivating the big buy back.change your decentralized currency for fiat???youve been captured my man
@franksway3658
@franksway3658 3 ай бұрын
My goal is to get to 100,000 plus xrp and wait for the price to get to around $10.00 sell enough to buy a few rental properties cash. Retire and live off rental income.
@bambam6537
@bambam6537 3 ай бұрын
Do you know how to function in real estate?
@franksway3658
@franksway3658 3 ай бұрын
Yes
@sleebanger
@sleebanger 3 ай бұрын
you only need a basic 3x2 house. anything without needing a mortgage is like winning the lottery. if xrp hits $10, ill clear an easy $700k+ after tax. a 1958/-60, C1, manual corvette would be nice also.
@GregShannon1963
@GregShannon1963 3 ай бұрын
Thanks for bringing up the costs of lifestyles. Watched a show where someone had a flat tire on an exotic car, and the cost to replace it was $6,000. Special wrenches and tools required and mechanic. Be careful what you wish for.
@ZXGAMER22
@ZXGAMER22 3 ай бұрын
put xrp into the amm and take profits and let xrp work for you
@MrEZZY5
@MrEZZY5 3 ай бұрын
Great vid , so we need lots of xrp 🚀
@LewisJacksonTeachesCrypto
@LewisJacksonTeachesCrypto 3 ай бұрын
🤞
@dwoo1860
@dwoo1860 3 ай бұрын
I used to have 35,000 but I was being scammed and lost that last year. Now I have only 15,200 and €31,171 in my Uphold account, waiting for the dip to buy more. I hope I will have at least 100,000 in the near future 🙏🏻
@1111111111202
@1111111111202 3 ай бұрын
How do you get scammed out of your xrps? Lol
@DUES_EX
@DUES_EX 3 ай бұрын
@@1111111111202he could be older
@miguelgonzalez6213
@miguelgonzalez6213 3 ай бұрын
Get that OUT of Uphold and into a cold storage wallet. Uphold may be one of the safest exchanges, but it is still an exchange and you know what they say. As long as its on the exchange, it is their crypto, not yours.
@dwoo1860
@dwoo1860 3 ай бұрын
@@miguelgonzalez6213 Yes, I fully understood, I’m going to have Tangem wallet when I have more XRP later. Thanks for your advice.
@dwoo1860
@dwoo1860 3 ай бұрын
@@DUES_EX You’re correct, I’m retired with no income
@kathleenbell1356
@kathleenbell1356 3 ай бұрын
I definitely going to purchase this workshop but I can’t until next month.
@LewisJacksonTeachesCrypto
@LewisJacksonTeachesCrypto 3 ай бұрын
I understand! See you then!
@flavbeatz7127
@flavbeatz7127 3 ай бұрын
Telling yall how to make an exit plan! "Map it out, to get it out"
@briankizer3593
@briankizer3593 3 ай бұрын
I’d say 30,000-50,000 is great bag to hold.
@alannabiev5782
@alannabiev5782 3 ай бұрын
Very helpful! However, the annual yield of the US stock market is at 4-6%
@seansmart2038
@seansmart2038 3 ай бұрын
The stock market is dying it's nothing like crypto it's not even comparable!
@daviddooley9913
@daviddooley9913 3 ай бұрын
Easy to do the math, $$ x years Including market crashes, doesn’t even come close to 4-6%
@mysocalledknife07
@mysocalledknife07 3 ай бұрын
8,100 XRP. Goal is 11,000-12,000 ish. If I don't hit it, not too worried.
@DanielThomas-kb8wl
@DanielThomas-kb8wl 3 ай бұрын
I'm also bullish on $XRP and I'm longing it on Nexo!
@johnmaloney2252
@johnmaloney2252 3 ай бұрын
Are you calculating for taxes? Different for each country.
@bobbybanks77
@bobbybanks77 3 ай бұрын
Why would you pay that wage slave?? Taxation is theft, you should learn how to avoid like every single rich family knows how to. There are loopholes for a reason, or else there would not be any.
@briansamaniego5294
@briansamaniego5294 3 ай бұрын
What is your retirement date? I'm 50, 8 have other investments but I don't have 30 years to wait for growth. So initial investment to retire sooner than later. Lots of variables
@LewisJacksonTeachesCrypto
@LewisJacksonTeachesCrypto 3 ай бұрын
LOTS of variables
@Optima_PS
@Optima_PS 3 ай бұрын
Hi Lewis, I love the effort you are making to educate people here, This is something I do for people professionally so I really appreciate the message. Just a thought (and I'm not trying to tell you how to suck eggs) but remember to take account of inflation in these calculations. That's the biggests mistake most retirees make, That 10k per month today would only fund a lifestyle of 7800 per month in 10 years, 6100 in 20 years - and that's assuming the very low more recent inflation levels of 2.5% p/a, which I feel will be lower than the figures we see over the next 20 years! If inflation averages just 3.5% then we would see our spending power drop by 50% in 20 years time! Hope you take this in the good manner it was intended. I'm certainly not criticising, just something I see everyday so hopefully its a helpful consideration. Thanks again for all your hard work, I love the what you do!
@Optima_PS
@Optima_PS 3 ай бұрын
And don't forget Taxes folks! 🙄😂
@cherrelleg8276
@cherrelleg8276 3 ай бұрын
The question is obvious. People are asking how much XRP would a person need to be financially free. Own a house for 4 people and never have to work for the rest of their life.
@user-xw4ru7ih3h
@user-xw4ru7ih3h 3 ай бұрын
Just do the numbers if I have x amount at this price and it goes to 234 cents 10 20 30 90 cents and than 1 2 3 dollars to 25 30 50 100 dollars on long shot. Keep it realistic on the low numbers would be more realistic.
@Sea_Jay
@Sea_Jay 3 ай бұрын
All of it!
@EastCountyDreamHomes
@EastCountyDreamHomes 3 ай бұрын
Which stock/ETF will get 7% return from the U.S. market? I still don't see anyone mention that.
@bobbybanks77
@bobbybanks77 3 ай бұрын
The average return is 7%-10% a year
@XRPnut
@XRPnut 3 ай бұрын
10000+
@roywolgenwolgen4978
@roywolgenwolgen4978 3 ай бұрын
How high do you think xrp will go, greetings roy from Holland
@ThePlasticRussian
@ThePlasticRussian 3 ай бұрын
I have simple answer to the ‘how much xrp do I need’ question.. how rich do you want to be and how soon..
@TopmobileDeals
@TopmobileDeals 3 ай бұрын
Had 10k sold most of it put it into to eth I’m currently sitting on 3.5k xrp I’d say grab you at least 2.5k coins if it moons like everyone says you’ll have a decent check..but to be honest I’ve been holding for 3 years and I’m getting frustrated and fuded out with the project I’m not investing another cent
@dedbroke
@dedbroke 3 ай бұрын
Keep bagging XRP, diversify portfolio w/other ISO tokens & get metals, iykyk fiat is out the door
@sj-we4rf
@sj-we4rf 3 ай бұрын
Love the video Lewis as usual. One thing you didn't mention though, TAX/CAPITAL GAINS ETC. As soon as we exchange for GBP, our government will screw us!!
@LewisJacksonTeachesCrypto
@LewisJacksonTeachesCrypto 3 ай бұрын
That's right. I didn't want to complicate things. I wanted to offer a barebones look. YOu've got your head screwed on!
@em20245
@em20245 3 ай бұрын
Just factor in the amount of tax.
@dont.ripfuller6587
@dont.ripfuller6587 3 ай бұрын
100% of income tax is used to pay the interest on the loans Congress gets from the Fed. This system doesn't benefit infrastructure, govt. or the Nation in any way size, shape or form- in fact, it hurts the country for the benefit of the Fed's private shareholders. Revoking your citizenship with the Secretary of State and establishing yourself as a State National in the Republic of the USA alleviates you from income taxation. You won't get to vote in Federal elections, but after 2020, it's pretty clear how effecive voting is without massive reform anyway. Just planting seeds. 40% of my income is too much. Hell, 10% tax rate is too much in my opinion.
@y0Fusionn
@y0Fusionn 3 ай бұрын
I have 6000XRP right now. Realistically I know it’s not enough but it’s rough here in the UK and am unable to save a lot each month so I’m just adding what I can when if it’s only £50 worth a month
@LewisJacksonTeachesCrypto
@LewisJacksonTeachesCrypto 3 ай бұрын
Keep plugging away, play your cards right and 6000 will go a hell of a long way
@y0Fusionn
@y0Fusionn 3 ай бұрын
@@LewisJacksonTeachesCryptoI hope so brother
@seansmart2038
@seansmart2038 3 ай бұрын
You need as much as you can get whatever that is look at Bitcoin at a dollar even if you had one Bitcoin you would have 50 grand right now
@XxUnKn0Wn0n3xX
@XxUnKn0Wn0n3xX 2 ай бұрын
what about TAX? An actual question
@robertcole7774
@robertcole7774 3 ай бұрын
7000 XRP in my bag!!!!!!
@mr.cheesecake4652
@mr.cheesecake4652 3 ай бұрын
It’s nice to see how much of us just want to provide a home for our families, no luxury cars or watches just comfort for our loved ones. May we all be blessed let’s go XRP🎉
@brox77
@brox77 3 ай бұрын
What would be ripples market cap be if and when XRP hits $100
@Agustus.589
@Agustus.589 3 ай бұрын
🤦‍♂️
@gje2023
@gje2023 3 ай бұрын
😐
@Natalie25899
@Natalie25899 3 ай бұрын
5 Trillion
@johnnygucci9
@johnnygucci9 3 ай бұрын
MC doesn’t exist in crypto
@6cleg
@6cleg 3 ай бұрын
Talking about 7% interest. Where do I get that?
@ThePlasticRussian
@ThePlasticRussian 3 ай бұрын
You get double that in Russia
@NOwens
@NOwens 3 ай бұрын
a rich man once said, if you want the experience of supercars, yachts and private planes, at least hire them, never buy them. for most of us, nice house, nice car, etc, holidays, - its most likely less than we think, plus some emergency money, earning a good yield.
@andrewkriel1563
@andrewkriel1563 18 күн бұрын
Xrp has been stagnant for so long.we wont see riches from xrp in our lifetime
@_laouichi_
@_laouichi_ 2 ай бұрын
You have to keep in mind that price shoud have market cap of 500 Trillion dollars
@dias6388
@dias6388 3 ай бұрын
Man you are incredible good in what you did but the xrp community is sad about the price that doesn’t move at all…it’s so sad and disappointing
@XassetshodlRP
@XassetshodlRP 3 ай бұрын
Time to sell and buy pumping crypto 😅😅😅 so NAIVE
@cocktailzombie
@cocktailzombie 3 ай бұрын
I dont care how much money you have, no one needs to own their own Jet or yacht unless you fly everyday or live on the ocean half the year just rent for the time you need.
@cretan7726
@cretan7726 3 ай бұрын
i switched 40% of xrp to Sol when it was $70. had to do to cusion and add value
@joshburrell5621
@joshburrell5621 3 ай бұрын
Actually we probably need double that if we consider tax 👎
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