Stellar Lumens. Great News with IBM Partnership! Don't get caught in the FOMO!

Stellar Lumens (XLM) announced a partnership with IBM today. They also announced a successful cross border banking transactions using Lumens. This is great news! The coin initially went from 2 cents to 6 cents up 200%. It is now pulling back to 4 cents. We may get another bump when IBM speaks of the partnership at Sibos 2017.

People are buying the news right now because they don't want to miss out (Fear Of Missing Out). Once the news fades Lumens will most likely settle down to the 2 - 3 cent range. I currently hold Lumens and will be picking some more up at that time. If you must buy now I would suggest getting a portion of what you want to end up with if you are a long term holder. You can add more later when the price comes back in or let it ride if it happens to keep going up. I'm not a short term trader but it may seems like this coin may have already popped.

The current supply is 16 billion with a max of 100 billion. That is a lot of Lumens and part of the reason it won't be over a dollar any time soon. Compare those amounts with STEEM that has a current and max of 100 million.

JMHO
Good Luck!