Crypto Coach Explains Why He Holds XRP Through the Storm

Pro-XRP market commentator Coach JV has warned that the financial system may be engineering “black swan” events to wipe out smaller exchanges and consolidate control under major institutions.

Specifically, Coach JV drew parallels between the Great Depression and the October 10 crypto crash. He describes it as part of a recurring pattern in which fear and collapse are used to tighten institutional control.

“First, they build up the hype. Then they pull the rug, crush the independents, and introduce ‘regulated’ solutions,” Coach JV remarked.

The “XRP Black Swan” Event

His warning comes just days after the market’s most violent sell-off in recent history. On October 10, global financial markets plunged after U.S. President Donald Trump announced plans to impose a 100% tariff on Chinese imports.

Within hours, the total crypto market cap fell below $4 trillion. Over $19 billion in leveraged positions evaporated, the largest wipeout in crypto history.

XRP, which had been trading steadily near $2.80, crashed to $1.25 in just a few hours before rebounding to $2.35 by the end of the day. According to data from CoinGlass, XRP saw $707 million in total liquidations, the largest in the asset’s history.

XRP community figure Chad Steingraber described the event as an “XRP Black Swan,” noting that it marked a pivotal moment in the asset’s market history.

“I Stay Calm. I Don’t Chase Hype or Fear.”

While the market panicked, Coach JV said he stayed calm, arguing that emotional reactions are precisely what the system relies on to keep investors vulnerable. “I don’t chase hype or fear. I buy the red, sell the greed,” he wrote.

The comments reflect his recurring message that conviction, not emotion, is the real edge in building wealth. Coach has publicly disclosed that XRP, Bitcoin, and Solana remain his core holdings through all volatility cycles.

Inflation: The Real Silent Crisis

Beyond market crashes, Coach JV warned that inflation remains the true destroyer of wealth. While many focus on short-term price swings, he noted that the U.S. dollar has silently lost 11% of its purchasing power this year alone. This loss goes unnoticed because account balances remain the same while real value erodes.

For XRP holders, Coach JV’s comments reinforce the conviction that XRP represents more than just a speculative asset. It’s a tool for financial sovereignty in a system trending toward centralization, according to proponents.

Ultimately, as history repeats itself, Coach JV’s message to the XRP community is that fear is the system’s weapon, but conviction is your defense.