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I just saw that Gary Cardone sold his entire position in XRP for $2.71 and posted his six investment rules. The XRP community went wild in the comments, asking him why he bought in the first place if he was still following those rules to the letter.
What’s interesting is that Gary Cardone explains that he avoids assets with unclear supply dynamics and that he can’t “draw on a whiteboard.” Based on his 40 years of experience, he also criticizes investors who confuse price noise with real value. He says that true wealth comes from long-term, well-established bets—not from chasing popular trends.
But of course, XRP supporters don’t agree. Some argue that the SEC unfairly went after Ripple, and others simply question Gary Cardone’s consistency. Meanwhile, Jason Calacanis also jumped into the debate, calling XRP a “centrally controlled asset” and warning against a possible ETF spot.
The truth is, the debate about whether XRP is really centralized is still complicated. Some say that only 2% of the validators belong to Ripple, which would make it more decentralized than Bitcoin or Ethereum. But others insist that reliance on the Unique Node List gives Ripple too much control. So here we are, with Gary Cardone at the center of another crypto controversy. What do you think—does he have a point with his rules, or is he just regretting it?