**šØ Expert Warns: Buying XRP Before SEC Settlement News is Gambling šØ**
As speculation grows around the U.S. SEC potentially dropping its lawsuit against Ripple, many investors are eyeing XRP in hopes of capitalizing on potential price movements. However, software engineer Vincent Van Code has issued a strong warning, comparing buying XRP ahead of the SEC meeting to gambling.
In a recent tweet, Van Code emphasized the high volatility and uncertainty surrounding the event, labeling it a risky strategy. He noted that while the case could be dismissed, itās more likely that legal proceedings will continue, given the procedural complexities.
**Key Points to Consider:**
- The SEC recently held a closed-door meeting, sparking rumors of a potential Ripple settlement.
- Unlike other crypto cases, Ripple faces a $125 million penalty, and Judge Torres retains jurisdiction until August 2025.
- Any settlement or dismissal requires court approval, adding legal hurdles.
- Experts suggest the case could conclude by May 2025, but unexpected delays may occur.
**Van Codeās Advice:**
āBuying XRP just before the supposed SEC meeting to catch a pump is GAMBLING. Donāt gamble.ā
**A Different Perspective:**
X user Bodhi Karma offered an alternative view, stating that buying XRP for long-term holding isnāt necessarily risky. However, short-term traders looking to āpump and dumpā are indeed gambling.
**Final Thoughts:**
While the potential for a settlement may seem enticing, investors should approach XRP with caution. Treating this as a long-term investment rather than a short-term gamble may be the wiser strategy.
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