Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: Anomoonder on January 05, 2018, 06:03:25 PM



Title: My take.
Post by: Anomoonder on January 05, 2018, 06:03:25 PM
While there are plenty of short term opportunities for those interested in that, XLM is a long term hold.

The Ripple to Bitcoin, Etherium Satoshi squeezing is going to probably dominate until the banks snatch the rug out from XRP.

Meanwhile, XLM will in my opinion have steady, reasonable growth as people do their homework and see the long term value of this system. It will continue to have these spikes and corrections, as it is also connected to the global whim to a certain extent. As well as the fact that various holders of large amounts of XLM will be shedding coins for gains here and there since they got in very early.

But yeah, there is opportunity all around imo. Don't mess with short positions unless you really know what you are doing though.

Obviously this is my opinion. One must research for themselves as well as hearing opinions to inform a responsible position.