Thread by @xrpartisan, 1/18 Why the SEC lawsuit is GREAT for my XRP profits! (And [...]

1/18 Why the SEC lawsuit is GREAT for my XRP profits! (And no, I haven't bumped my head.)

This is not investment advice, just my opinion. DYOR.

(Video version @ )

A thread.

2/18 It's obvious that the SEC lawsuit is suppressing the price of XRP right now. According to technical analysts that I follow, the current value-level of XRP in relation to other alts should have it over $2, yet it's sitting at 29c as of right now.

3/18 How could this possibly be a good thing? I'm glad you asked. Let's flash back to the early days of Amazon for a comparison. It's Jan of 2001, and the price of AMZN is about $14. It should probably be much higher, but because of the Dot Com bubble bust, it's not.

4/18 If you knew then what you know now and had $10,000 to invest in Amazon, today that $10,000 would be worth about $2.3 million. Not too shabby at all! I'd say you would be rather happy with your investment, and you would be right to be.

5/18 But there would have been an even better way to make much more from Amazon (assuming you had a functioning crystal ball). Let's consider a different scenario that would have resulted in even higher returns.

6/18 Again, it's Jan of 2001, the Dot Com bubble has burst. Your crystal ball tells you that Amazon's price is going to range for the next year and be at about the same price in April of 2002. Your crystal ball also tells you to put your money in Acclaim Entertainment, so you do.

7/18 Acclaim was a penny stock, $0.31/share, but ended 2001 at $5.38. Your $10,000 is now worth almost $180,000! You sell your shares, pay about 25% in State/Fed capital gains and invest $135,000 into Amazon at $14/share. Today your AMZN shares would be worth $30.7 million!

8/18 That would be amazing wouldn't it? The problem is you didn't have a crystal ball in 2001. You wouldn't have known that Amazon was going to range for more than a year, and you wouldn't have known that Acclaim was going to take off. It's fun to think about, but that's all.

9/18 However, with XRP we do have something akin to a crystal ball. We don't know exactly how long the price of XRP will be suppressed, but we know it will be at least for a while as the SEC nonsense gets worked out. That doesn't mean XRP won't rise at all, just not as much.

10/18 This presents us with an opportunity. I'm reasonably sure XRP will be suppressed for a bit while other alt coins are likely to take off, so I can put some $ into other popular (but not big market cap) alt coins to multiply my gains while XRP stays relatively low.

11/18 When the alt coins have multiplied our money, I sell those coins and buy XRP at its still-suppressed price. The SEC lawsuit gets settled and the price of XRP skyrockets. But how much might XRP rise? We have an example with Kik's KIN token.

12/18 The claims against KIN (Kik's token) were fairly similar to what the SEC is accusing XRP of. Kik settled with the SEC and the price went up 1500% in 2 months! If XRP does the same, it would be somewhere near $5 (assuming it hadn't risen much in between).

13/18 But XRP is likely to make at least some gains while we wait. Let's say it makes it up to $1 when an SEC settlement happens, and then rises 1500%. That would put it at $15/XRP! If you had put $10k into alts, sold them at $30k and put that into XRP, you'd have $450k.

14/18 Of course, this is all speculation. We don't know how high XRP will go after the lawsuit or how long it will take. But we do know the price is suppressed, and that presents us with an opportunity to invest in other alt coins, make gains, and put that into XRP.

15/18 Of course, I have a big bag of XRP right now. You never know what might happen or how high XRP might go due to worldwide trading, so I'm not risking being out of XRP and in other alts only. But I do have other alts that I intend to sell into XRP when the time is right.

16/18 So while saying I'm *happy* about the SEC lawsuit is a serious overstatement (I find it an egregious miscarriage of justice and a money grab by the SEC), it does present real potential for my portfolio that would not have otherwise been available.

17/18 The saying goes that life is 10% what happens to you and 90% how you look at it. You can look at the SEC lawsuit and XRP price suppression as hurting your investment in XRP, or you can see it as a (somewhat foggy) crystal ball that lets you multiply your gains.

18/18 SUMMARY: The price of XRP is being suppressed by the SEC lawsuit. Kik's KIN exploded in price after its SEC settlement. Knowing that gives me a chance to invest in other alts and make gains while XRP's price remains low, then sell into XRP and multiply my profits.