Questions abouth stellar handeling

Florian_Maler

Hello,

i need some tipps from people which have more experience with stellar.

where is the best and most secure place to hold stellar for long term investment, is the account viewier with private key on stellar.org best or are there other better places?

if i want to change stellar lumens into fiat money, which is the best way to do that? Is it only possible to exchange the stellar to another crypto currency like bitcoin and withdraw the bitcoins to anywhere, where they exchange it into money? Or is it possible to exchange the stellar coins to tether usdt and that to fiat? Because it cost much fees to exchange this a few times and send it from A to B.

Does anybody think the price can go much lower then currently? I think after next give away at the end of this month the price could rise up a little bit, maybe till 4 cent or which price you see most be possible?

b3no

Hi!

If you only intend to hold Lumens on the Stellar network I think that just using the account-viewer and having a backup of the secret key is ok.

Depending where you are located. In some countries (like China or Japan) you can directly go through an anchor (e.g. https://ripplefox.com/anchor) to your bank account. If you are in the European Union you will be soon able to do the same with the Tempo anchor. I'm not sure what your current options are for the US.

Of course, the price can always go lower. One year ago it was trading 1/10th of the current price. Nobody can predict the market. I think you have unrealistic expectations if you think rising up a little bit means a 2x increase in price. I would be super happy if it went to 2.5 cents.