thecryptobasic.com 
Popular crypto YouTuber Mason Versluis has addressed $XRP’s recent slump, framing the pullback as a long-term buying opportunity rather than a reason for panic.
He made this assertion recently, while pointing to the psychological strain of extended $XRP downturns. Nonetheless, he argued that short-term weakness often presents opportunities for patient investors to accumulate.
Key Points
- Crypto YouTuber Mason Versluis describes $XRP’s recent price slump as a long-term buying opportunity rather than a reason for panic.
- Despite the frustration with $XRP’s failure to reach ambitious price targets, Versluis urged $XRP holders to remain steadfast.
- His stance aligns with broader $XRP community sentiment and Ripple CEO Brad Garlinghouse’s long-term outlook.
- $XRP has already rallied over 20% from its recent lows, reinforcing Versluis’ argument.
Versluis’ Candid Assessment
Following $XRP’s recent sharp drop, Versluis offered a candid assessment of the token’s recent price action. In his commentary, he acknowledged the emotional toll of long-term holding, especially after over seven years of waiting for a decisive price breakout to around $5. However, he emphasized that he remains confident in $XRP’s long-term value.
His comments followed a sharp downturn across the broader cryptocurrency market on February 5, during which $XRP plunged to a low of $1.13. While the drop unsettled many investors, Versluis viewed it through a different lens, describing the dip as a “discount on one of the best digital assets in the world.”
Recent Dip Offers Discount on $XRP
Versluis attributed his confidence to his early entry, having accumulated $XRP between $0.17 and $0.50. As a result, he remains in profit, which helps him weather downturns and reinforces his view that the recent dip presents a long-term buying opportunity.
His stance aligns with other $XRP community voices and Ripple CEO Brad Garlinghouse. Amid volatility-driven panic, Garlinghouse echoed Warren Buffett’s advice to be greedy when others are fearful and cautious when others are greedy, signaling that sell-offs can create attractive entry points.
Similarly, Nick, founder of The Web3 , observed that many investors tend to chase momentum by buying near market tops at $2-$3.5, yet hesitate when $XRP presents attractive entry opportunities around $1.20. As a result, emotional decision-making often prevents them from capitalizing on favorable price zones.
Risk-Takers Already in Gains
Meanwhile, $XRP has already staged a notable rebound from its February 5 low. After briefly slipping below $1.20, the token quickly surged to approximately $1.53 before easing slightly to around $1.46. Consequently, investors who accumulated $XRP near $1.20 are now sitting on gains of about 21.66%.
This swift recovery reinforces Versluis’ argument that the pullback represented a genuine discount, offering a strategic buying opportunity for “one of the best digital assets in the world.” This characterization is likely driven by $XRP’s utility in cross-border payments, its potential role as a reserve asset, and its growing relevance in real-world asset tokenization.
