$XRP Seller Regrets Missing Out on Historic Returns, Blames Risk Aversion

Ripple's Chief Technology Officer Emeritus David Schwartz has expressed regret over selling some of his early cryptocurrency holdings, including $XRP at $0.10 and Ethereum at around $1.

In an interview, he attributed his decision to sell to his aversion to risk, saying 'I really, really hate risk.' He added that he had made an agreement with his wife to gradually reduce exposure whenever his holdings reached new all-time highs.

Schwartz previously revealed that he sold his Ethereum due to extreme price predictions being unlikely. When asked about criticism over the early sale, he stated that his decision was based on probability rather than a lack of belief in crypto's long-term potential.

The Ripple executive has largely reduced his cryptocurrency exposure and 'does not have much left anymore.' He explained that his preference for lower volatility outweighed the possibility of future crypto gains.