A well-known crypto analyst, Coach JV, is reminding XRP investors about the importance of patience and conviction in the crypto market. He warns that those who only chase quick profits or lack belief in their investments could face severe losses. He says people should only invest when they are ready to stay for a long time. 

Coach JV Warns XRP Investors To Build Conviction Or Stay Out

Coach JV posted a clear warning on X to all XRP investors. He said, “If you’re not willing to hold for 10 years or haven’t built conviction in what you’re investing in, don’t get in. You’ll get wrecked.” His words mean that people who only want fast money or do not believe in what they are buying could lose a lot. 

Related Reading

He said that many traders lose because they act on emotion instead of reason. When prices drop, they panic and sell. When prices rise, they chase profits too fast. According to Coach JV, this kind of behavior always ends badly. He believes that only investors who truly trust what they invest in can survive the ups and downs of crypto. 

The XRP market has experienced many price swings, causing some investors to feel nervous. He tells XRP investors to stop reacting to short-term price changes and to build firm conviction in their choices. Coach JV’s message reminds crypto investors that being patient is not about waiting but about having a fundamental belief in patience. His simple advice to the XRP community is to stay calm, believe, and plan for the future.

Long-Term Strategy: XRP, Bitcoin, And Solana As Core Plays

In the same message, Coach JV shared more details about his personal investment approach. He said that XRP, Bitcoin, and Solana are his long-term plays. He says that Bitcoin is like his “supercharged savings account” and that he will never sell it. He has held Bitcoin for years while managing profits from smaller altcoins during major market rallies.

Related Reading

He explained that when smaller altcoins rise sharply, he takes profits to strengthen what he calls his “cash and protection ecosystem.” Coach JV said that last Friday’s market activity was a perfect example of why patience and strategy are essential. It showed how being prepared can protect XRP investors when the crypto markets change quickly. 

Coach JV closed his message by repeating that discipline, patience, and conviction always beat emotion. His reminder to XRP investors and the broader crypto community is that they believe in their investments, think long-term, and not let short-term emotions ruin their plans. In a market full of uncertainty, Coach JV’s message could stand as a steady call for focus, conviction, and confidence in what XRP investors choose to hold.

Featured image created with Dall.E, chart from Tradingview.com

Before the UST de-pegging and the eventual collapse of Terra (LUNA), the Anchor Protocol (ANC) was one of the biggest DeFi platforms in crypto. But the project was heavily exposed to UST, and the de-pegging had a massive impact on its value. But will ANC ever recover?

• ANC lost nearly 1000% in value shortly after the UST de-pegging

• At one point, the coin fell from highs of $2.13 to as low as $0.08.

• The road to recovery will be difficult but not impossible.

Data Source: TradingView 

How will Anchor Protocol (ANC) recover?

It will take some time before ANC recovers. This recovery will depend on two things. First, how fast the Terra chain is able to resolve the LUNA collapse will be crucial. Secondly, returning UST to its peg will have a huge impact on lifting ANC in the long term. 

Besides, ANC has already shown it has what it takes to come back. For example, shortly after UST was de-pegged from the dollar, ANC literally collapsed. It looked like it was going to zero. But we saw an instant reversal, with ANC rallying by nearly 1500% from its lows. This is a sign that investors are still confident about the protocol. 

Despite this rally, Total Value locked on Anchor has not really improved. After the UST crash, Anchor’s TVL dropped to $307 million. Before this, Anchor was ranked 4th in terms of TVL. The crash pushed it to 60th. We have not seen any improvements in TVL. This could hamper any hopes of recovery.

Should you buy Anchor now?

There are still many unknowns with regard to the Anchor Protocol. For example, despite efforts by the Terra community to defend the UST peg, the stablecoin has continued to fall apart. 

It doesn’t seem the issue will be resolved soon. As such, just steer clear of ANC for now until further developments on LUNA and UST are announced.