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3 Reasons XRP Enthusiasts Should Still Be Cautious


When an asset's story is consistently improving, it's easy to get so bullish about it that you end up making serious mistakes with your portfolio as a whole. To fight that outcome, it's helpful (if somewhat depressing) to make a habit of noticing whenever you're feeling especially exuberant about an asset you hold, and to step back and go through the mental effort of deconstructing everything that could go wrong with it. Think of it as a controlled burn of your own enthusiasm to ward off the potential for a much more materially destructive wildfire wave.

For many of those who hold XRP (CRYPTO: XRP) right now, it's time to employ that little trick. There are three issues in particular that argue for at least some caution and for keeping your position sizing sober.

Image source: Getty Images.

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Source Fool.com

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