Here’s How Not to Sell XRP for a Lambo — and Keep Both
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A prominent trading expert has explained how investors could purchase a Lamborghini while still retaining their XRP holdings.
The strategy was shared by Cypress Demanincor, CEO of CYPRX Superior Trading, during a recent discussion on X. Notably, a Web3 enthusiast encouraged traders not to buy a Lamborghini just to show off to friends or family. Instead, he suggested seeing it as a symbol of how far someone has come.
How to Buy a Lambo While Retaining Your XRP
However, Demanincor
responded
with an alternative plan. Specifically, he argued that no one needs to sell their XRP to afford something like a Lamborghini. Instead, he presented a strategy where investors could enjoy luxury without giving up their long-term holdings.
Demanincor explained that once someone builds massive wealth in XRP, enough to be considered a millionaire, they could put that XRP to work. First, he suggested using liquid staking to earn passive income.
Then, by lending out the
staked XRP
, investors could earn even more. Further, the trader suggested borrowing against the XRP tokens in stablecoins. Now, with the earnings from this activity, they could afford the Lamborghini without touching the original crypto.
Speaking further, Demanincor proposed turning the Lambo into a money-making asset too. Essentially, he suggested
tokenizing
the car on a real-world asset platform that pays out yield. Through an LLC, the owner could list the vehicle for rentals.
The income from rentals and tokenized yield could cover the borrowed stablecoins, all while the investor still owns both the XRP and the car. In his view, this approach builds wealth in layers, such as earning, borrowing, owning, and multiplying, without ever having to sell the underlying asset.
Possible Risks Involved?
While many supported the idea, some highlighted issues with the strategy. For instance, Michelle Nightengale, a longtime XRP supporter, raised concerns. Notably, she warned that XRP still operates in a young and unpredictable market.
https://twitter.com/BoostBizOnline/status/1948162705774289292
To her, risking XRP for yield right now could lead to major losses. She pointed out that XRP recently jumped over 700% since the U.S. elections last November and said those gains easily outpace any yield from staking or lending.
Nightengale reminded the community of past crypto failures like
Celsius and Voyager
, where investors chasing yield ended up with nothing. She stressed that XRP's real value lies in holding it long-term, especially now that it's finally gaining momentum after years of pressure and legal challenges.
Meanwhile, another XRP proponent, Chris Criner, explained that Demanincor wasn't talking about doing all of this right now. Instead, this was a forward-looking idea for when XRP matures and DeFi systems grow stronger. Criner said the smartest investors will find ways to grow their income without selling off their long-term positions.
Nightengale later
acknowledged
the misunderstanding. She said that if Demanincor's strategy applies to a more developed XRP and DeFi market, then she agrees with it. In fact, she said she looks forward to earning passive income through upcoming tools like
Flare Network's Firelight protocol
.
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