xlm stellar lumens

Why did I buy 188 XLM? 🚀

By Makingdigital | makingdigitals | 19 Jan 2021


I wanted to share with you the reasons why I have decided to purchase a handful of XLM and leave them parked on Binance. Exactly 188.

No one really knows if the price of a cryptocurrency is going to go up, down, or going around in circles. No matter how much theory a trader manages, whether technical or fundamental. Not even Jim Simons or Warren Buffet.

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It is impossible to know exactly and precisely how the price is going to behave. Let's say the study and analysis help us to identify its movement but there is a probability that the purchase will turn out to be frog.

That said, I have been motivated by the following:

  • Stellar Lumens in the last 20 days is up 150%. The Altseason, although it resists, it seems that it will not take long to arrive and XLM will be one of the banners of this season.
  • Their withdrawal fees are almost non-existent. One of the premises of the XLM CEOS was to make transactions with XLM as cheap as possible and the conversion of Fiat to this cryptocurrency.
  • The security of its protocol is in the hands of the users who can feed it by contributing XLM to the ecosystem.
  • Its current value, 0.30 cents at the time of writing, is far from what it could achieve if this 2021 follows the inertia of the previous one.
  • While it may backfire for some people, the advancement of DeFi is doing a great job for you.
  • The current pandemic that we are experiencing has forced many families to remain locked up at home, has accelerated the digitization of many activities and has promoted online purchases. This dynamic can favor the growth of XLM. It makes it easy to send money anywhere, regardless of the country and its low fees make it very interesting to change Fiat money quickly.

Here are my reasons. Added to this, a deep optimism on my part and the good vibes that always transmits me knowing that I have an asset with the potential of XLM. A few months ago I did the same with XRP, I bought a handful but the SEC ruined my plans.

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Makingdigital
Makingdigital

Entrepeneur, writer and Cryptolover. My site in Spanish Coindallas.com


makingdigitals
makingdigitals

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