Widely followed market commentator Coach JV has publicly disclosed buying more XRP during the latest market sell-off.
This comes as prices slid to around $1.11 amid heavy red candles across the broader crypto market. JV’s posts stood out as many traders remain cautious, with XRP down sharply from recent highs and overall sentiment leaning toward fear.
Key Points
Coach JV Confirms First Dip Buy as Market Turns Red
He described the market as “bleeding red” and said he was dollar-cost averaging on the way down, emphasizing that conviction matters during drawdowns. JV noted that he was being transparent about his actions and encouraged followers to make their own decisions.
Screenshots shared alongside the post showed:
- $2,000 in Bitcoin, receiving 0.028 BTC
- $2,000 in XRP, totaling 1,443.77 XRP
- $1,000 in WLFI, totaling 7,880 WLFI
Notably, this disclosure suggests he entered XRP when the token was trading at $1.38.
Second Buy Follows as XRP Extends Losses
The second screenshot showed:
- $1,500 in Bitcoin, receiving 0.022 BTC
- $1,000 in XRP, totaling 764 XRP
- $500 in WLFI, totaling 4,047 WLFI
Community Questions the Size of the Buys
Meanwhile, not everyone was convinced. X user @erichardson questioned why JV, who is often described as a millionaire, would invest relatively small amounts during what he framed as a prime buying opportunity.
The commenter suggested that JV expects further downside ahead and described the current market environment as “a dark winter.”
“I think you know the red is still coming. Just be real with us,” he said.
Coach JV: It’s Just a DCA Strategy
In response, JV argued that deploying all capital at once makes little sense in a falling market As an example, he pointed out that his earlier Bitcoin purchase occurred at around $71,000, while BTC later dropped to $66,000. This allows him to buy again at a lower level.
According to JV, dollar-cost averaging on both the way down and the way up reduces regret and improves long-term positioning.
XRP at $1.11 Keeps Dip Buyers Active
Coach JV’s disclosures come as XRP trades near $1.11, down roughly 26% over the past 24 hours and 32% over the past week, marking one of its sharpest pullbacks since its July peak of $3.66.
While uncertainty remains high, public dip-buying by prominent commentators highlights how some investors are choosing gradual accumulation over trying to time an exact market bottom.
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