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Here's What It Would Take to Make $1 Million With XRP (Ripple) in 5 Years


If you hang around crypto investors long enough, you will hear at least one story that goes like "I bought a few thousand coins back when nobody believed in the asset, forgot about them for a few years, and now I'm retiring early." Most of us have missed a multitude of those once-in-a-lifetime events without even realizing it, and it isn't reasonable to expect to land one. Still, disciplined investing over time can put the same life-changing sums of money on the board, assuming the asset cooperates.

Today, many look to XRP (CRYPTO: XRP) for such returns, both over the short term (perhaps unreasonably) and the longer term. If XRP were to achieve escape velocity, could a determined investor turn steady purchases into a seven-figure stake by summer 2030, five years from now? Let's make a few assumptions and a few calculations to figure it out.

Image source: Getty Images.

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Source Fool.com

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