Radar Telegram alerts Open Radar

Ripple's former CTO sold almost all of his cryptocurrencies due to fear of risk.

תרגם לעברית

Сигналы РЦБ · Крипто · · Source

Ripple's former CTO sold almost all of his cryptocurrencies due to fear of risk.

Ripple's former CTO sold almost all of his cryptocurrencies due to fear of risk.

David Schwartz said he has significantly reduced his cryptocurrency savings because he is very intolerant of market volatility.

At peak, he held about 26 million XRP, 1,500 BTC and 40,000 ETH. Now he only has 3 million XRP, 1 BTC and 6 ETH left.

Schwartz explained his decision simply: he "really doesn't like risk" and is psychologically not ready to withstand strong fluctuations in the market.

Not an obsession, but a fear of risk.

More on Radar

Want to see every report in real time?

Hundreds of sources worldwide, translated into your language, with alerts for what matters to you.

Sign up free
Share on WhatsApp Get alerts on Telegram