Stellar (XLM) Trade: Feels Good to Book a Crypto Win

The past week has shown us some crypto gains in many different coins. Luckily one of those coins was XLM which as previously posted I had put a trade on.

Profit Target Hit - Hold or Sell?

Looking at the lines on the chart you can see where my profit target was. XLM starting moving up after making a nice bottoming base and could still move higher.

This left me to thing, should I hold it or take my profit.

When I put the trade on that is what it was - a trade. Trades have profit targets and over the long run you are better off sticking with them.

Thus, I sold the remainder of my position when it hit .0541 and will be content with that, even with price being a bit higher now.

I have a long-term portfolio of crypto that I can ride for the longer-term moves .