Foto: Oleksandr Filatov/Shutterstock
The price of XRP hasn’t been doing what investors want lately. But Ripple’s cryptocurrency remains one of the standout performers of recent years. Anyone who spread out their purchases is still enjoying impressive profits despite the recent decline.
Simple but Effective Crypto Strategy #
While many altcoins have disappointed in recent years, especially compared to Bitcoin, XRP actually stood out. But if you look at the chart, you’ll immediately see that those gains were primarily achieved during a few explosive bursts.
At the end of last year, the coin was stagnant for years, only to surge nearly 500% in less than a month. After that, there were more short, powerful rallies where the XRP price could add tens of percentage points in just a few days.
For anyone trying to time the market, constantly searching for that ‘perfect’ entry point, this is a recipe for missed opportunities. Missing just one of those explosions can significantly hollow out your returns.
That’s why many investors choose dollar-cost averaging (DCA): automatically investing a fixed amount at regular intervals, regardless of the price. For example, a portion of your salary every week or month.
With DCA, you don’t have to worry about missing a big surge, but you also spread the risk of entering at an unfortunate peak. Sometimes you buy a bit more expensive, sometimes cheaper, and over the long term, your average purchase price nicely levels out.
A simple strategy, then, but one that works surprisingly well in a market that moves as violently as crypto.
Let’s dive into the impressive numbers. If you had converted €100 into XRP every month for the past year and a half (since June 6, 2024), you would have invested a total of €1,900 by now.
That €1,900 would now be worth €3,534. That means you would have earned €1,634, which comes down to a return of 86.02%.
The progression when you invested €100 per month in XRP over the past 1.5 years. – Source: CryptoDCA