This comment is for beginner investors.
Today there were news about the status of the process for the different XRP ETFs, and an approximate month for their possible acceptance, if it were to happen, is set for October.
If we analyze the geopolitical aspect, everything still points to it being a good long-term investment.
And as I mentioned in previous posts, we are in a speculative market until there is regulatory clarity, and we will continue like this, which is excellent news even though many are crying because they have lost money as the price continues to decline or does not rise as expected.
Change your focus a bit and stop speculating because you will continue to lose money.
Your mindset should be on accumulation; remember the philosophy of the squirrel, before winter arrives, it fills its burrow with acorns and everything it naturally consumes.
That should be your mentality, and the only thing you will be doing is investing whenever the price is competitive.
Like right now, if you check the price of XRP, it probably looks like it will drop to levels of 2.27. If you analyze the order book in the depth section of the Binance platform, there is a high volume of buyers who have activated buy orders.
Another high volume is 2.30, and then 2.25.
You can check the price yourself by clicking on the word I am underlining ⏭️ XRP
Obviously, once there is that regulatory quality, projects like HBAR, SOL, ADA, XLM, MOVE, LINK will grow exponentially.