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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong
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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

You Want $1K XRP? You’ll Need Iron Nerves — Or ‘Mental Illness’, Analyst Says

Christian Encila
Christian Encila
Last Updated: October 22, 2025 12:00 am
3 mins read
XRP

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A pro-XRP software developer sparked fresh debate this week by saying it takes “serious conviction” to hold volatile coins like XRP through long, wild swings.

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Vincent Van Code said holding XRP all the way to $1,000 — let alone $10,000 — would take “mental illness.”

His comments have drawn attention not just for the blunt wording but for the story they tell about the human side of crypto risk.

Holder Psychology Under Stress

According to Van Code, the real test begins long before a coin hits big numbers. He pointed to Bitcoin as an example: Bitcoin traded under $1 in 2010 and now sits above $110,000.

Many claim they would have held from those early days, but Van Code argued most people would have sold around $100.

Every talks about “oh if I bought BTC for $1 id because billionaire today”.

What you fail to realize is 99% of people would sell even at $100.

Or what about when it dumped from $10k down to $1k then back up again.

You really have to almost be mentally unstable to hold from $1…

— Vincent Van Code (@vincent_vancode) October 19, 2025

Reports have also noted whales who were inactive for more than a decade recently moving coins bought for under $1,000 and cashing out millions or billions.

The famous case of the French buyer who spent 10,000 BTC on pizza remains a blunt reminder that people do sell, sometimes at huge regret.

XRP Near Key Demand Zone

Technical calls are mixed. Ether Nasyonal, a crypto analyst, told followers that XRP is “cooking something” on the 1-month chart and highlighted an important demand zone.

Following the sharp drop and quick bounce on Oct. 10, XRP failed to break past $2.5 and is still short of the $3 level. The token is down 14% this month.

$XRP is cooking something up.

Chart has been inverted, but the story remains the same.

XRP is still gathering strength within the demand zone emerging from the 2018 major resistance.

While the direction may seem confusing, the structure is clear.

The next major move… https://t.co/HT9Sqhembx pic.twitter.com/s5grcnCMFZ

— EᴛʜᴇʀNᴀꜱʏᴏɴᴀL 💹🧲 (@EtherNasyonaL) October 19, 2025

Past movements add weight to caution: XRP plunged more than 90% after peaking above $3 back in 2018, a crash that punished holders who sold in panic and then watched prices recover later.

Personal Stories And Public Bets

Some holders frame their approach as a long-term plan. One user, TheXFactor33, said he has held XRP for over eight years and has weathered multiple crashes.

Van Code has said he mentally removed the money from his balance sheet and intends not to sell even if prices head far higher. He told followers his aim is to convert the stake into something concrete for his family, such as buying a home for his children.

XRPUSD currently trading at $2.42. Chart: TradingView

Long-Term Bets Face Real Tests

Views on how high XRP could go differ widely. Some analysts project a bullish scenario that sees XRP at $1,000 by 2040, a forecast that would require years of patience — roughly a 15-year hold from today’s levels under $3 — and a lot of market resilience.

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Meanwhile, a good number of investors say they would cash gains early to pay for cars, houses, or other goals, making multiyear holds rare.

Surviving repeated crashes and strong rallies takes more than luck; it takes steady nerves and a plan.

Featured image from Gemini, chart from TradingView

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Christian Encila
Christian Encila

Christian Encila

Christian Encila is a journalist, editor, crypto analyst, and virtual assistant focused on storytelling, financial markets, and digital media. He blends strong writing skills with in-depth analysis, turning complex information into clear, accessible insights.

Read more

His writing began in college as a feature writer for his school publication, building research and storytelling skills. He later worked as an editor at a data engineering firm, gaining recognition for writing and discipline.

He expanded internationally in Canada and South Korea, then returned to the Philippines for a decade in a major newsroom. There he became a senior news writer and editor, simplifying complex topics for broad audiences.

He later moved into cryptocurrency journalism as a crypto analyst and market expert at NewsBTC, covering trends and blockchain developments. Alongside writing, he works as a Virtual Assistant supporting editorial operations, workflows, and coordination tasks.

Outside work, he enjoys motorbikes, riding a Yamaha R3, preferring relaxed coastal rides. He spends time with two cats and a dog, and unwinds with coffee, Filipino food, and occasional rum while watching comedy films.

His career blends journalism, analysis, and support roles, reflecting adaptability across media, markets, and digital content production in modern newsroom environments and remote work settings globally.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

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