Exited XLM prior to Coinbase Listing

XLM / Bitcoin BITFINEX:XLMBTC


I have closed all but 1/6th of my long-term long position in XLM             for 38% profit after buying at .000035. We could still go higher but I’d rather take profits now than be caught out by a sudden drop once the real top is in like we saw recently with BAT (which I did not have a position in).

As per the chart above, I have set buy orders at .000040 & .000038. I consider XLM             a strong long-term investment and would rather ensure I have a solid position than try to catch the absolute bottom, hence the fairly conservative targets.

By admin