In the past 6 months I´d been studying crypo to jump in the market. I´m a longtime trader of stocks and options, over 10yrs, but crypo it´s an entire new ecosystem and should keep evolving, growing and it seems a correct moment to jump in steadly now, after this correction seems over. I think it will resume falling in the next days and maybe BTC will find support on USD 8/7k area which will ultimatelly provoke supports for altcoins likewise...
I was firstly considering Ripple, but my study in XPR devired to Stellar. After all my reading, I think the current discount of XLM to XPR should not be that large as it is, not to say they should at least be close in MKT Cap terms.
I will buy Stellar and hold it for long. Impossible to say where the price support should found ground, if USD 0,30 will hold or should it slide to 0,20/0,15. I really see this baby at least reaching 1,00 again, and if it succeed to broke this up, should move like Ripple and achieve 3,00 quickly.
Usually penny stocks has a relationship between some numbers, like 1, 3 and 5 as primary targets when it begins ( those are prime numbers, have also some relation with fibo sequence). I think the development of a price building for crypo should follow such pattern.
All in for XLM!
One of the things about stellar is that it is very cheap comparing with other coins in the top15 (except Tron/TRX) but as always I won't prefer to go All In because it is too risky and fortunately there are many other coins which worth investing if not experimenting a bit.
I've been watching Stellar and Ripple too and saying the truth as far as I know stellar is funded by someone in the team of Ripple so I think these two coins are linked with each other and when one of them is in rise the other one is too, and the same is when the price crash and we both see that they are red or green at the same time together.
Thats right, should not all in one coin, because it is very risky, like the proverbial do not put eggs in one basket,