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re: XLM (Stellar Lumens) retraces 25% after Coinbases announces (no new coins on the horizon)

Posted on 1/4/18 at 8:44 am to
Posted by lsugerberbaby
baton rouge
Member since Mar 2008
2768 posts
Posted on 1/4/18 at 8:44 am to
I'm probably no more seasoned on this stuff than you are, but I'm not sure I'd be selling off any coins...unless you're swing trading. But from what I've seen, you just don't have any idea on when the next big wave is going to hit...and from which coin the wave is going to hit.

This stuff seems to work for people in a many different ways. Anyway...just something to think about (which sounds like you).

Quick buys trying to catch rallies is dangerous business.
Posted by the LSUSaint
Member since Nov 2009
15444 posts
Posted on 1/4/18 at 8:58 am to
So, if I have a coinbase account and want to buy XLM (ripple?), what's the process?
Posted by BaddestAndvari
That Overweight Racist State
Member since Mar 2011
18301 posts
Posted on 1/4/18 at 9:01 am to
quote:

Quick buys trying to catch rallies is dangerous business.



I decided to trade a little on xlm instead of going to trx, and I'm up 350 coins now
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 1/4/18 at 9:06 am to
quote:

Quick buys trying to catch rallies is dangerous business.


see, thats the logical argument and id agree with you 100% on a mature market

this market is extremely immature though and what we're observing is that you can throw money at nearly any low priced coin (under $1) and it will continue to rise

for now, its best not to think too much. for example, i sold TRX after a 50% gain in one day because "this will clearly start correcting soon" - it goes up 70% more only because its so cheap to buy

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