top of page

๐ŸŸข๐ž๐“๐จ๐ซ๐จ ๐œ๐š๐ฅ๐ฅ๐ฌ ๐จ๐ฎ๐ญ ๐ฆ๐ฒ ๐ก๐ข๐ ๐ก ๐ž๐ฑ๐ฉ๐จ๐ฌ๐ฎ๐ซ๐ž ๐ญ๐จ ๐—๐‘๐, ๐š๐ง๐ ๐ˆ ๐š๐ฆ ๐ฉ๐ซ๐จ๐ฎ๐ ๐จ๐Ÿ ๐ข๐ญ!๐ŸŸข

  • Writer: Gabor Fogarasi
    Gabor Fogarasi
  • Apr 25, 2024
  • 2 min read

Updated: Jun 6

ree

Recently I checked out my ๐Ÿ‘ค profile, and found this notice for potential copy investors:


โœ…The Portfolio has a significant allocation to XRP, indicating a potential high exposure to the cryptocurrency marketโœ…


๐Ÿค‘It sounds like it's a bad thing, but I stand by it! I do believe ๐Ÿช™ crypto has a place in a balanced portfolio. I am not trading crypto, not trying to pick the next 100x from the hundreds of meme coins. Staying in the investor lane mostly with $BTC (Bitcoin)ย (5%) $ETH (Ethereum)ย (3%) and $XRP (XRP)ย (15%)


๐Ÿ’นYes, recently I increased my crypto holdings to around 25%, as crypto winter seems to be over.


๐ŸŒŠWhy is $XRP (XRP)ย my largest holding? Well, it has a for-profit company behind it, with actual contracts with banks, with real revenue. Ripple Labs Inc. is valued at around 5 Billion USD.

I am convinced so much in their success, that I bought shares in the company too.


โš–๏ธWhat about the Legal trouble with the SEC? The lawsuit will be resolved in the next 2 months, with Ripple currently having the upper hand after securing three partial court wins in 2023. ๐ŸŽ‰


๐Ÿ“†๐’๐„๐‚ & ๐‘๐ข๐ฉ๐ฉ๐ฅ๐ž ๐€๐ ๐ซ๐ž๐ž ๐จ๐ง ๐“๐ข๐ฆ๐ž๐ฅ๐ข๐ง๐ž ๐Ÿ๐จ๐ซ ๐๐ซ๐ข๐ž๐Ÿ ๐…๐ข๐ฅ๐ข๐ง๐ ๐ฌ ๐Ÿ”œ

The proposal, filed on March 19, 2024, emphasizes the partiesโ€™ commitment to public access to the case while acknowledging the need to protect sensitive information. It details a specific timeline for submissions and redactions, as listed here:

๐Ÿ“†March 22, 2024: The SEC will file its opening remedies brief and supporting materials under seal.

๐Ÿ“†March 26, 2024: The SEC will file a public, redacted version of its opening brief reflecting the agreed-upon redactions.

๐Ÿ“†April 22, 2024: Ripple is expected to file its opposition brief and supporting documents.

๐Ÿ“†May 6-8, 2024: The SEC will submit its reply brief under seal. A public, redacted version of the reply brief and any non-confidential supporting exhibits will then be filed.


๐ŸŽ“With the ETF approval for $BTC (Bitcoin), and global Crypto adoption, it feels unlikely XRP will lose. Worst case scenario, they may have to pay a fine for some twisted reason. It's fine. ๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰


๐ŸŽฐEmbrace Crypto, especially the top 10. While common people argue whether it is investable if it's a scam, Ponzi scheme or gambling, the financial world is moving in. ๐ŸŽฐ๐ŸŽฐ๐ŸŽฐ


๐Ÿ˜ŽAre you In, or Out?โฌ…๏ธโžก๏ธ


๐Ÿ’š Invest smarter, not harderโ€”copy my trades and watch your portfolio grow! ๐Ÿš€

โœ…2023 - 54.58%

โœ…2024 - 54.1%

Gabor Fogarasi @fogi70

eToro Popular Investor ๐Ÿฆ

CISI Level3 Investment Certification


ย 
ย 
bottom of page