Topic: Is this the right time to invest in Stellar (XLM) in short term? (Read 271 times)
I think that given the current market situation, you should invest stellar or any altcoin in the long term. Short-term investments in this market may make you unprofitable, or even you will lose money without a reasonable strategy.
March 07, 2020, 01:03:28 PM
Because of my friends who made some good profits back in January, 2018 I decided to buy some stash in 2019 which am still holding till date because the price is still down with over 60%. The important thing about stellar is: holding against long-term will yield more profits but, for those who are still thinking about short-term to make profit from stellar will do that at risk. Holding for a long time will be more profitable with stellar than any other pins out there. I will keep holding till its price come up.
March 07, 2020, 12:40:20 PM
I think not because xlm have large trading volume makes slow price movements so it's not suitable for short-term trading, it's better for short-term trading. Don't choose a major coin like XLM because altcoin major is good for long-term trading.
March 07, 2020, 12:17:53 PM
As we all know Stellar (XLM) is a crypto coin, Which ranks in the top 15 positions in our crypto market. But from the past four to six months, it not doing a great job and the price regularly dumps. For a long time investment, almost every cryptocurrency gives a decent amount of profits. But in short time investment, Should Stellar (XLM) perform a good job, As the crypto market is in profitable conduction. Is this the right time to invest in Stellar (XLM) in the short term?
I think not only stellar have not been making any improvement on it's price because most cryptocurrencies does not increase its price, especially bitcoin due to the bear market. Good thing that bitcoin and other cryptocurrencies is starting to increase its price again and most of us are waiting for bitcoin to reach 20k USD again. 
March 07, 2020, 12:09:02 PM
You can consider investing short term or long term in top cryptos in the market no matter which of those. But your profit only depends on the amount of capital you are willing to gamble. Stellar is quiet good because it has low inflation because of its large supply on which you can take advantage of.
March 07, 2020, 11:58:52 AM
XLM and some other altcoins are now more suitable for short-term trading because bitcoin is still often corrected because halving will occur, short-term trading must make sure you put a stop loss for now. I see XLM now tends to rise slowly
March 07, 2020, 11:54:51 AM
From all the cryptocurrencies did you stopped exactly at Stellar ? There are tons of other coins better than Stellar and XRP so I wouldn't go all in into this coins but I would trow a few $ just to make sure I hold it in case it sky rockets but I doubt stellar can go massive up anytime soon.
Personally I would not invest right now as I would wait a few months maybe the price will continue to go down.
Personally I would not invest right now as I would wait a few months maybe the price will continue to go down.
March 07, 2020, 11:26:32 AM
Well in my opinion, stellar is good for short term investment I think because it is like the same as ripple, I don't think those coins are good for long term investment because of the supply.
March 07, 2020, 10:04:12 AM
Xlm is a nice platform. The only problem is the lack of promotions and activity. I dont know if they even have dApps already or any thing that their coin will be used. How many platform or projects using their ecosystem? Im not creating fud here but due to performance of eth, eos, tron they been unnoticed.
Especially klaytn blockchain surpass them in terms of dApps activity. Maybe they can caught up if they can introduced more use cases.
Especially klaytn blockchain surpass them in terms of dApps activity. Maybe they can caught up if they can introduced more use cases.
March 07, 2020, 09:13:03 AM
Actually i don't think so it's a good idea to invest on this coin right now. Cause XLM didn't pump after 2018. Still there is no huge change or update from them, so in my opinion it's not good choice. Personally i did many trade with this token but if you are want holding XLM for short time then i'll say it's not a good move. But i'll recommend for long term holding. It's a good altcoin for sure and it'll be worth it if you hold it for long time.
March 07, 2020, 09:09:03 AM
As we all know Stellar (XLM) is a crypto coin, Which ranks in the top 15 positions in our crypto market. But from the past four to six months, it not doing a great job and the price regularly dumps. For a long time investment, almost every cryptocurrency gives a decent amount of profits. But in short time investment, Should Stellar (XLM) perform a good job, As the crypto market is in profitable conduction. Is this the right time to invest in Stellar (XLM) in the short term?
Actually i don't think so it's a good idea to invest on this coin right now. Cause XLM didn't pump after 2018. Still there is no huge change or update from them, so in my opinion it's not good choice. Personally i did many trade with this token but if you are want holding XLM for short time then i'll say it's not a good move. But i'll recommend for long term holding. It's a good altcoin for sure and it'll be worth it if you hold it for long time.
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March 07, 2020, 09:05:11 AM
I am not sure Stellar can increase in the short term because I guess we are still far away to see stellar will increase. But that could happen if the market can start to rise high, and now I think you can invest stellar for the long term. For the short term, I think ethereum will be one option of the coin in the market because the price now is at a low price, and the price can increase in the short term. But that will depend on you, and maybe you can buy stellar from now before the price increase which we don't know when it will happen.
March 07, 2020, 05:18:25 AM
As we all know Stellar (XLM) is a crypto coin, Which ranks in the top 15 positions in our crypto market. But from the past four to six months, it not doing a great job and the price regularly dumps. For a long time investment, almost every cryptocurrency gives a decent amount of profits. But in short time investment, Should Stellar (XLM) perform a good job, As the crypto market is in profitable conduction. Is this the right time to invest in Stellar (XLM) in the short term?
I cannot say that stellar is a good currency to invest for a short term because if you will check it's graph closely there are no big intervals to it's price but if you have huge amount for investment then a single cents of increase is already a good profit. Stellar is currently sitting at 0.06$ which currently rank at number 13 base on coinmarketcap and it is not a bad ranking. For me, instead of short term investment stellar is a good investment for a long term one because it is safe investment as it is ranking good in coinmarketcap while the demand will not fade easily.
@NIKUBHI there’s no doubt in my mind that Stellar has a good ranking in the crypto market but I would advice you to only buy it if you can hodl it for the long term otherwise don’t buy it. The reason why I’m stressing on long term holding is because crypto’s often give good returns when you hold them for the long term, but if you decide to opt for short term trading then let me warn you that there’s a possibility of you incurring a loss if stellar prices suddenly crashes.
March 07, 2020, 04:48:13 AM
As we all know Stellar (XLM) is a crypto coin, Which ranks in the top 15 positions in our crypto market. But from the past four to six months, it not doing a great job and the price regularly dumps. For a long time investment, almost every cryptocurrency gives a decent amount of profits. But in short time investment, Should Stellar (XLM) perform a good job, As the crypto market is in profitable conduction. Is this the right time to invest in Stellar (XLM) in the short term?
In my opinion, Stellar is worth a short-term investment at current prices. XLM is one of the coins that is actively traded and is listed on many exchangers, so for liquidity problems, I think it's not a problem when we want to sell at any time
March 07, 2020, 04:15:51 AM
Well i will not recommend for short term but i am quite confident that if you buy and hold a bag of xlm for 6 to 18 months then you will be able to encash superb profits especially after bitcoin flies there are high chances that good coins linke xlm will follow too.
March 07, 2020, 04:03:39 AM
As i always say, everytime is a good time to invest.
What matters is when you get into a trade, and when you decide to get out of a trade.
And it all falls back to your research ability. Are you a proper trader ? or you just buy low and hope to sell high ?
Get your strategies right, and you will enjoy trading.
What matters is when you get into a trade, and when you decide to get out of a trade.
And it all falls back to your research ability. Are you a proper trader ? or you just buy low and hope to sell high ?
Get your strategies right, and you will enjoy trading.
March 07, 2020, 03:49:54 AM
For short term investment BTC, ETH, LTC those are some good coins. But I think stellar(XLM) is good for a long term investment. I also have some XLM in my crypto portfolio. So we can not deny that it is one of the best coins from CMC so we can not judge a coin only by its price. It will recover in time. now price is low so if anyone has any plan to invest in XLM maybe this is a very good time.
March 07, 2020, 03:44:23 AM
Is this the right time to invest in Stellar (XLM) in the short term?
If you think you can make a profit from stellar, you can invest from now on. But I don't think that stellar can increase in the short term because all of the coins will still depend on bitcoin moves. So if bitcoin price does not move anywhere, especially needs a long time to increase so high, stellar and the other altcoin will be on the same situations.
I still hold some stellar from a long time ago while I am buying more stellar in a few months ago before the price reach the price now. But if the price can get down for a low price, maybe I will buy more stellar and hold it again. It still a mystery for every coin in the market on when the coin can increase because the market seems not going higher or lower, so we can only wait for a while.
March 07, 2020, 03:41:47 AM
Many experts say that XLM is good to have revenue for a long period of time. They speculate from their long term forecast that XLM was a good potential for investing in the long term. I think you are wrong if you are intended this for short term purposes. This is not a hype coin that you will earn in a short period of time.
Some of my friends have XML on their portfolio by joining airdrop before. Until now they keep holding on it because they believed that this coin have a potential to hold in a long term investment. So, OP, it's better to keep hold and wait until we will see your profit was there.
Some of my friends have XML on their portfolio by joining airdrop before. Until now they keep holding on it because they believed that this coin have a potential to hold in a long term investment. So, OP, it's better to keep hold and wait until we will see your profit was there.
March 07, 2020, 03:20:55 AM
coin ranking top or top 20 in my opinion is not good for the short term.
except if indeed market conditions are rising and btc is rising dramatically.
otherwise it will not give good results.
except if indeed market conditions are rising and btc is rising dramatically.
otherwise it will not give good results.
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