There are the investors that just can't stop because they've invested a lot on XRP and the others that have an active issue. They just can't abandon it while looking at the potential losses swimming in their portfolio and that's why they have to stay.
It's their choice and they can't pass on it because there's still some hope that's left for them and they need to be patient on it while waiting for its recovery.
Actually, only people that bought it during early 2018 hike that are at big loss (around 80%)...I know many other coins that did much worse.
Theyre in similar boat as people who bought BTC at $70k
Yup, those that have bought at the peak are still at loss and it's on them why they're holding it until now. They're still at most of their money loss with XRP and they have to wait for it.
While for the other coins, it's true that many of them are also sitting in losses and even much more because the coin they've bought aren't known and probably made a rug pull which has no way of recovery.
XRP has grossly disappointed its investors, who thought since it is used by banks to transfer money so it will boom, but it never performed well even during the bull run of 2021, it used to be top 5 coin on coinmarketcap in 2017 when its price peaked to about $4 but since then it is on decline and who bought it at peak are in huge losses.
It is also facing lawsuit filed by SEC which further diminishes hope of its recovery.