XRP: I JUST MADE $10 MILLION!!! - my next SHOCKING plan..

The speaker discusses making a $10 million profit on XRP within two weeks, outlining plans to take profits around $440-$450 due to increasing risk and opportunity cost as the price rises. The speaker intends to reinvest profits into other assets like Bitcoin and Ethereum, while also highlighting a high-risk gamble detailed in a separate video for his community.

XRP profits and plan

• 00:00:00 The speaker shares that they made approximately $10 million in profit on XRP within two weeks by leveraging spot positions and trades on platforms like levx and biit. The speaker mentions plans to take profits at around $440-$450, recognizing that risk increases as the price of XRP rises and opportunities emerge in other assets. The speaker intends to reinvest profits into other assets like Bitcoin and Ethereum.

Price targets

• 00:02:42 The speaker identifies several price targets for XRP, including a breakout target of $440-$450, a potential profit-taking point at the 0.786 Fibonacci extension level (around $26), and a potential target near the previous all-time high around $325. The speaker believes that December may be a good time for Ethereum and other assets.

Risk and opportunity cost

• 00:03:21 The speaker explains that while XRP has significantly outperformed, a smart investor/trader should consider taking profits from overperforming positions and redistribute them to underperforming assets to manage risk and opportunity cost. The speaker intends to rebalance their portfolio by reinvesting profits into Bitcoin, Ethereum, and potentially other assets.

High-risk gamble

• 00:01:57 The speaker mentions a high-risk gamble they will undertake with 1% of the XRP trading profits, which they do not disclose publicly but in a separate video exclusively for their LX Community. This suggests a level of risk associated with this gamble that could potentially result in a total loss of funds.