Overview
- David Schwartz said his remaining crypto exposure is now largely limited to XRP and Ripple equity, noting the concentration was not carefully planned.
- He said Ripple stock is his primary way to stay invested in the sector because it reduces direct token risk and lets him sleep better at night.
- Responding to criticism of earlier sales, he rejected the idea that selling is a moral failing, urged profit-taking when gains become life-changing, and confirmed he still holds more than one million XRP after once holding 26 million.
- He pushed back on extreme XRP targets such as $10,000, arguing that if wealthy investors believed even a small chance of that outcome, heavy buying would have already driven the price far higher.
- He said non-disclosure agreements limit what he can share about secondary trading of Ripple shares but do not require him to mislead people, and he pointed followers to public platforms that track private-market activity.