{"id":40745,"date":"2021-04-14T15:13:36","date_gmt":"2021-04-14T12:13:36","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=40745"},"modified":"2025-08-30T15:32:59","modified_gmt":"2025-08-30T12:32:59","slug":"ripple-cto-david-schwartz-urges-holders-to-consider-selling-part-of-their-crypto-holdings-to-reduce-risk","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ripple-cto-david-schwartz-urges-holders-to-consider-selling-part-of-their-crypto-holdings-to-reduce-risk\/","title":{"rendered":"Ripple CTO David Schwartz urges holders to consider selling part of their crypto holdings to reduce risk."},"content":{"rendered":"

Ripple CTO David Schwartz urged holders of digital assets to consider selling some of their holdings to reduce risk.<\/p>\n

\"Ripple<\/figure>\n
\n

“If you hold sums in cryptocurrency capable of affecting your life, please take the time to seriously consider a partial sale to reduce risk and openness to the market,” \u2014 Schwartz.<\/p>\n<\/blockquote>\n

He added that his comment is not a market forecast.<\/p>\n

In January 2018, the Ripple CTO shared a successful tip to lock in profits at the peak of the bull run.<\/p>\n

\n
\nhttps:\/\/twitter.com\/hlnoooo\/status\/1119664829453799426\n<\/div>\n<\/figure>\n

In October 2020 Schwartz disclosed that, as part of a family-risk-reduction plan, sold 40,000 ETH at $1<\/a>. At the time of writing, this was nearly $96 million.<\/p>\n

In November 2020 the Ripple CTO spoke of unsuccessful bets on obscure altcoins. He said that losses exceeded $300,000<\/a>.<\/p>\n

In March 2021, the popular crypto analyst Willy Woo called selling Bitcoin “insanity”<\/a> right now.<\/p>\n

On April 14, the price of the first cryptocurrency surpassed the $64,000 mark<\/a>. Ethereum hit a new all-time high above $2,350. Dogecoin rose more than 90% in a day<\/a> and reached $0.14.<\/p>\n

Read ForkLog’s Bitcoin news on our Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ripple CTO David Schwartz urged holders of digital assets to consider selling some of their holdings to reduce risk.<\/p>\n","protected":false},"author":1,"featured_media":40746,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1376,1138],"class_list":["post-40745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-david-schwartz","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/40745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=40745"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/40745\/revisions"}],"predecessor-version":[{"id":40747,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/40745\/revisions\/40747"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/40746"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=40745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=40745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=40745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}