In my previous article we covered the 4 Steps to Starting a Crypto Portfolio. Now If you are looking to add or diversify your crypto-portfolio, Ill give you 5 reasons Stellar Lumens (XLM) is a GREAT choice.
1. In a technology space fraught with millennials, the mission of Stellar as a non-profit to improve transaction for all and work for the people will resonate loudly.
With anger and mistrust focused toward the government, banking institutions and even more centralized cryptos like Ripple, a lot of people including millennials appreciate the decentralization of Stellar with great online communities. A currency for the people, by the people. Take a moment to read their mandate
2. Stellar Lumens are not a concept, they’re a working product.
There are plenty of use cases for Stellar Lumens, just take a look! Most projects in the crypto space are either a theory, Vaporware or Alpha phase. Facebook even banned ICO adverts due to fraud! So to have a product that works, and has been working, in this space that means a lot! If you want to take a deeper Dive of Stellar you can do that here!
3. A foot-hold with a large tech company like IBM poises them for more opportunities
In addition to the use cases, and projects being built on top of the stellar network today – the future is even brighter. IBM has worked with industry giants for decades and has the relationships needed to make things happen. While others are spending time meeting and trying to get those chance, Stellar will be able to spend that time programming its next generation blockchain.
4. Stellar Lumens hold EVERYTHING a customer desires: speed, cost and quality
They say that as a customer you can never get speed, quality and price with a single product. Stellar lumens challenge that status quo
- Speed: Realtime Settlement (2-5 seconds)
- Cost: With a 0.00001 Lumen fee, $0.01 fee covers 600,000 transactions
- Quality: Built to last and support other projects, XLM may be the Ethereum of 2020
5. Stellar technology solves a problem to bring BILLIONS more people and dollars into the space
With low-cost exchanges like FairX launching soon, more cryptocurrency becomes available to more people, for a smaller cost. Entry point exchanges like Coinbase will need to evolve as they rely heavily on fees for their operating model. Option like these will evolve how easy it is to have access.
There are many other interesting and great projects out there, this is just one. Keep doing your own research and making your own investments but I recommend you take some time with this one! When you are , <ahref="https://steemit.com/crypto/@bitcoinbriest/how-to-buy-stellar-lumens-xlm "> Ready to buy Stellar Lumens, I will help you get started here.