A prominent American millionaire has revealed that his decision to invest in XRP was mainly based on fear of missing out rather than on in-depth research or confidence in its technology.
The unexpected confession came as part of a public conversation sparked by Uphold’s tweet, “Why are you in on $XRP?”
According to the millionaire, the motivation stemmed from a recent personal experience. He shared that he was attempting to purchase an apartment in Miami when he was outbid by a buyer who had profited from investing in Bitcoin at its early stage.
That moment, he admitted, triggered a realization that he had missed out on a significant financial opportunity. In response, he decided to invest in XRP, seeing it as a chance to catch a similar wave of growth.
Also Read: Here is Why XRP Price is Crashing Today
He confessed that his decision had little to do with XRP’s underlying use case or Ripple’s long-term vision. Instead, people moved out west because many hoped to get rich quickly and didn’t want to miss out if something good happened.
Why are you in on $XRP?#XRPArmy #XRPCommunity #XRPHolders #Ripplepic.twitter.com/r8eqSmbJsX
— Uphold (@UpholdInc) May 15, 2025
XRP’s price point, being way lower than big coins like Bitcoin or Ethereum, made it seem like an affordable option for many people who wanted to try and make good returns.
Fear of Missing Out Continues to Influence Crypto Investment Choices
The millionaire’s comments reflect a broader trend within the crypto market, where many investors are influenced more by emotion than by analysis. The sense of regret over missed opportunities, especially in the volatile world of digital assets, often pushes individuals to take swift action in hopes of a turnaround.
In his own words, he viewed XRP as a “what if” scenario rather than a calculated move. As Bitcoin is seen as a mature investment, many new investors try to find the next major breakout. Its low price to buy in and well-known name explain why many speculative investors see it as one for them.
As a result of this statement, the crypto community has been actively discussing how emotions, rather than careful planning, can influence millionaires’ major investment moves.
The major investor’s choice to buy XRP proves that anxiety about missing an opportunity is still a big part of crypto trading. What he’s been through is common for many investors who see others making a fortune from early crypto investments and keep looking for the same opportunity.
Also Read: Will the Ripple-SEC Lawsuit Be Extended? Uncertainty Rocks Community Following Shocking Turn
