XLM - yes or no? - page 6. | Bitcointalksearch.org

fzkto

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Quote from: JamesDaniel90 on April 14, 2023, 03:29:41 AM

Quote from: TravelMug on April 13, 2023, 10:23:52 PM

Quote from: Mr. Magkaisa on April 12, 2023, 04:33:20 AM

- Right now xlm is pretty quiet, I don't see or read any good updates that they are planning. But if you check his behavior in the market, it is relatively easy and with a value of 0.1$ each that has a market cap of around 2.7B$, it can be said that his ranking is still good in my opinion.

And I also think it's not bad for you to apply DCA here because it also has the potential to become 1$ in the near future when the bull run really arrives. Looks like I want to save it somehow too.

Yes, it's been quiet as well in the last bull run, so I doubt that there will be much movement right now or in the next run.

And it is still down -85% or higher and if you check it's all time high, the last one was 2018, so I'm right that it didn't have a significant run in the last bull run. With that, I'm going to steer away from it, this is just my opinion though and I'm basing on what the data is showing us.

But if the OP or others is still interested, then do not take my financial advise, just invest money that you can afford to lose.

I have heard a big reason for XLM bad performance in the last bull run was due to the XRP law suit.

If XRP win the lawsuit which could happen in the coming months, shouldn't XLM do well also?

XLM is constantly repeating the movements of XRP. Even without any news or events. For example XRP did almost 10% today, XLM is also up 5% because of it. But I probably agree with what is being said here, it is a dead project and I would not invest in it. There are many other projects on the market that have not yet had time to be pumped. XLM could be called a dinosaur.

someone703

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Quote from: JamesDaniel90 on April 12, 2023, 03:44:48 AM

(...)

I don't understand why you are looking for it, but in my opinion, like many other cryptos, it has its potential and risks depending on each person's point of view. But if it were me, with a capital of $3000 4000 I would split it up and invest in other altcoins or just bitcoin.
The potential for XLM to increase in the future I believe there will be, as it still has its own support community, when the bull market returns it is easy to think that it will pump to the expected level, but remember it won't come quickly. And if you have a DCA strategy with this coin go for it, because there is no such thing as perfect price speculation, do your research and make sure you accept all possible scenarios with this coin.

MIner1448

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XLM certainly has the potential to rise in price in the future, but no one can accurately predict where the price will go in the future. All investments involve risk and I would strongly recommend that you do your own research and analysis before deciding to buy XLM or any other cryptocurrency.
If you decide to buy XLM, I would advise you to consider the option of gradual accumulation through DCA in order to reduce risks and get the best weighted average price to enter the market. It is also worth considering that investing in cryptocurrencies is not a guarantee of profit and may lose its value.

JamesDaniel90

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Quote from: TravelMug on April 13, 2023, 10:23:52 PM

Quote from: Mr. Magkaisa on April 12, 2023, 04:33:20 AM

- Right now xlm is pretty quiet, I don't see or read any good updates that they are planning. But if you check his behavior in the market, it is relatively easy and with a value of 0.1$ each that has a market cap of around 2.7B$, it can be said that his ranking is still good in my opinion.

And I also think it's not bad for you to apply DCA here because it also has the potential to become 1$ in the near future when the bull run really arrives. Looks like I want to save it somehow too.

Yes, it's been quiet as well in the last bull run, so I doubt that there will be much movement right now or in the next run.

And it is still down -85% or higher and if you check it's all time high, the last one was 2018, so I'm right that it didn't have a significant run in the last bull run. With that, I'm going to steer away from it, this is just my opinion though and I'm basing on what the data is showing us.

But if the OP or others is still interested, then do not take my financial advise, just invest money that you can afford to lose.

I have heard a big reason for XLM bad performance in the last bull run was due to the XRP law suit.

If XRP win the lawsuit which could happen in the coming months, shouldn't XLM do well also?

TravelMug

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Quote from: Mr. Magkaisa on April 12, 2023, 04:33:20 AM

- Right now xlm is pretty quiet, I don't see or read any good updates that they are planning. But if you check his behavior in the market, it is relatively easy and with a value of 0.1$ each that has a market cap of around 2.7B$, it can be said that his ranking is still good in my opinion.

And I also think it's not bad for you to apply DCA here because it also has the potential to become 1$ in the near future when the bull run really arrives. Looks like I want to save it somehow too.

Yes, it's been quiet as well in the last bull run, so I doubt that there will be much movement right now or in the next run.

And it is still down -85% or higher and if you check it's all time high, the last one was 2018, so I'm right that it didn't have a significant run in the last bull run. With that, I'm going to steer away from it, this is just my opinion though and I'm basing on what the data is showing us.

But if the OP or others is still interested, then do not take my financial advise, just invest money that you can afford to lose.

Rasa nanas

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Quote from: rojan on April 13, 2023, 01:09:07 AM

Quote from: Rasa nanas on April 13, 2023, 01:01:37 AM

I would say it's best not, because my gut feeling says XLM will not give maximum profit in the upcoming bullish phase. meaning that even though the price of XLM will also increase, it will not provide the maximum profit like ETH or BNB. there is no reason to invest in this altcoin, no big DEXs in it, very quiet network transactions, and no hype altcoins on the stellar network like bonk on the solana network.

If you want to invest in altcoins then you can invest in bnb and ETH instead of XLM. Because when the cryptomarket is good you will get much more money than what you get by investing in XLM if you invest in bnb and ETH. So I would say investing in XLM is not right now. Hope market situation is going to improve very soon. Few days back all coins price was very low then it was right time to invest but now is the time to invest. If you do, you will not get any benefit.

therefore I suggest OP not to invest in XLM and prefer to invest in ETH or BNB. Apart from the fact that I mentioned earlier XLM's position at CMC has tended to decline in recent years, and this shows that XLM is having difficulties dealing with new altcoins. With this fact I doubt if XLM will be able to provide maximum profit in the upcoming bull market.

JamesDaniel90

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Quote from: raidarksword on April 13, 2023, 07:42:54 AM

XLM is good buy right now and of course everything will follow when bull market resumes though XLM have been quiet but it doesn't mean they are not working and development is still there. Having a DCA will always gives you and edge of filling up your bags with XLM. Remember Stellar is still a great blockchain ecosystem for payments system that many already adopted.

I have had 10 replies so far and this is the first positive one!

I will keep an eye on it and do further research before investing.

raidarksword

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XLM is good buy right now and of course everything will follow when bull market resumes though XLM have been quiet but it doesn't mean they are not working and development is still there. Having a DCA will always gives you and edge of filling up your bags with XLM. Remember Stellar is still a great blockchain ecosystem for payments system that many already adopted.

rojan

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Quote from: Rasa nanas on April 13, 2023, 01:01:37 AM

I would say it's best not, because my gut feeling says XLM will not give maximum profit in the upcoming bullish phase. meaning that even though the price of XLM will also increase, it will not provide the maximum profit like ETH or BNB. there is no reason to invest in this altcoin, no big DEXs in it, very quiet network transactions, and no hype altcoins on the stellar network like bonk on the solana network.

If you want to invest in altcoins then you can invest in bnb and ETH instead of XLM. Because when the cryptomarket is good you will get much more money than what you get by investing in XLM if you invest in bnb and ETH. So I would say investing in XLM is not right now. Hope market situation is going to improve very soon. Few days back all coins price was very low then it was right time to invest but now is the time to invest. If you do, you will not get any benefit.

Rasa nanas

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I would say it's best not, because my gut feeling says XLM will not give maximum profit in the upcoming bullish phase. meaning that even though the price of XLM will also increase, it will not provide the maximum profit like ETH or BNB. there is no reason to invest in this altcoin, no big DEXs in it, very quiet network transactions, and no hype altcoins on the stellar network like bonk on the solana network.

Apocollapse

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If you're trying to invest for long term, I don't see any better coin than Bitcoin because this is the only one coin which already prove everyone if Bitcoin always survive during bear market and the most safest coin to hold. Other coin might survive for a decade or not to far than Bitcoin, but the security of the coin is different with Bitcoin.

Altcoins are mostly good if you want to make a short profit, not for DCA-ing and long term prospect.

o48o

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Quote from: JamesDaniel90 on April 12, 2023, 03:44:48 AM

Hi,
I am looking for a new position to start DCA into while prices are low and thinking of XLM.
Up until now had not really paid much attention mainly because I notice they didnt perform that well in the last bull run but I see this is now due to being closely linked with XRP who still have the ongoing case - or do I have that wrong?
Anyway, there is a lot of noise on Youtube currently for XLM - some saying it will do really well when XRP wins their case - is this likely?
With a current price of $0.10 I am just thinking of bagging 3 or 4 thousand and hoping it does a 10x or something if XRP wins the case.
Be good to hear thoughts on XLM, both good and bad?

As an investment, i can't see it rising too much compared to potential some other altcoins have. As what comes to fundamentals, they lack developers and adoption. There are potential however as their almost isolated hype team reminds me of NXT community back in time. That mooned before devs scattered to other projects. What XML lacks a lot is community hyping it. I have not seen it mentioned in anywhere.

blockman

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Just for transfers, I'd say a yes but if you're thinking of long-term choose something better or even the best and that's bitcoin.
Why would you believe the YouTubers? Not everything they say is good enough to be your basis for how the market will perform. None of them probably said that the price of bitcoin will be up again by $30k and all they say is whatever the news and the trend. But when it's up to the actual status of the market, they have no idea. Don't be too gullible with content creators dictating what coins you must buy because they're just giving their opinion but ask them if they do really trade, only a few of them will legitimately say yes.

hugeblack

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I was an investor in that currency about two years ago and for more than 3 years, the way they presented the project was good and it seemed that they would have a good share of the market, but what happened was otherwise, there was no real development during recent years and at the same time the competing currencies developed dramatically So big that it became impossible to catch up with them.
And Ethereum's shift to proof of stake has killed all of these projects.

In short, I do not advise you to invest in it.

Jackl87

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Quote from: JamesDaniel90 on April 12, 2023, 03:44:48 AM

Hi,
I am looking for a new position to start DCA into while prices are low and thinking of XLM.
Be good to hear thoughts on XLM, both good and bad?

I had a few XLM myself until i sold them one year ago or so. Since then i am not really following the developments around XLM anymore to be honest, but as the other guy in the thread has already said, it seems to be pretty quiet around Stellar Lumens at the moment. That does not really mean though that this project is not active anymore. It is still in the top 25 in terms of the market cap, so it is still a very big project and to be that you have to be active. When the next bull market and the next altcoin season are coming, then i am pretty sure, that XLM will also pump together with the overall market. I am not sure though if it will outperform the general market.

Tytanowy Janusz

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Quote from: JamesDaniel90 on April 12, 2023, 03:44:48 AM

Be good to hear thoughts on XLM, both good and bad?

XLM was ment to be an ETH killer in 2015-2018. It failed to gain popularity and build a user base. We had DEFI bubble, NFT bubble, meme coins bubble, metaverse bubble ... XLM was sleeping for last 5 years... Did not participate in ony of it. There is no decent dex, no volume, no traffic, no decent project build on XLM, there are thousands of potential competitors. Don't buy it. Its not worth a penny.

Mr. Magkaisa

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- Right now xlm is pretty quiet, I don't see or read any good updates that they are planning. But if you check his behavior in the market, it is relatively easy and with a value of 0.1$ each that has a market cap of around 2.7B$, it can be said that his ranking is still good in my opinion.

And I also think it's not bad for you to apply DCA here because it also has the potential to become 1$ in the near future when the bull run really arrives. Looks like I want to save it somehow too.

JamesDaniel90

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Activity: 854

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Hi,

I am looking for a new position to start DCA into while prices are low and thinking of XLM.

Up until now had not really paid much attention mainly because I notice they didnt perform that well in the last bull run but I see this is now due to being closely linked with XRP who still have the ongoing case - or do I have that wrong?

Anyway, there is a lot of noise on Youtube currently for XLM - some saying it will do really well when XRP wins their case - is this likely?

With a current price of $0.10 I am just thinking of bagging 3 or 4 thousand and hoping it does a 10x or something if XRP wins the case.

Be good to hear thoughts on XLM, both good and bad?

Topic: XLM - yes or no? - page 6. (Read 1117 times)