Friends, does it make sense to take very cheap altcoins <$ 1? I think about buying, but I am interested in your opinion. Will they leave the market and exchanges, with such a strong fall?
I think so, but not all the time. You still need lots of readings and research. It is also a perfect timing since I'm currently monitoring my live
trading session. Take for example Stellar (XLM). The Stellar Blockchain project mainly pointed at remittances or cross country payments in a fast, efficient, and cheap way. Stellar offered their solution to the resource usage issue that many proof of work networks encountered with their Stellar Consensus Protocol. Stellar seems to be doing everything right. The network is fueled by brilliant strategic partnerships, including tech giant IBM. If you do any online business, especially internationally, youll see there is a need for fast, simple and cheap ways to send payments. With the leaders in online payments currently charging 5% or more in money transferring fees, its easy to imagine a world where Stellar, with its <5 second transaction speeds and ultra low transaction fees, thrives in business. It is said that Tempo running on the Stellar blockchain as a remittances dApp can facilitate 600,000 transactions for 0.01 USD in fees. Weve sung Stellars praises before and will continue to as this project has accomplished so much and still has so much potential. We expect Stellar to do very well moving forward. Just my two cents on this. Best of luck!