Steem price is going down and down and down. Last price check was $1.26. Boy, did it take a dip. In fact, the whole Crypto World is in a sea of "red." Good grief! What do I do now? Is it time to sell ? Will it go lower? These are the questions being anxiously asked at this time. A touch of panic is starting to set in. What if it goes to $1.00 . Tough questions, no doubt. Where are the "pumpers" now, "Steem is going to $10.00. To the moon." they proclaimed.
This is the time when your belief is going to be tested. You've got to asked yourself, "Do I really believe in Steem and its coming bright future." Do I have the courage to stay loyal and stand by my decision to back Steem? What has changed? Let's review. Nothing fundamental has changed. There has been no bad reports or any negative news on Steem. Nothing dramatic has really happened. It's just that the whole crypto market is down. It's summer. Going through the cycle. The natural ebb and flow of the market. Nothing to panic about or be so concerned about. It's just part of the game. You've got to have a strong stomach to manage and keep your sanity in times of extreme volatility in the markets. Welcome to the game of Crypto "newbies." Remember, Crypto is not the Lotto!
Smart money ; however, is smiling and buying more Steem. Steem is on sale and they are going shopping. They are not worried or anxious at all. They see this as an opportunity to strengthen their position even more. This is the chance to buy more Steem Power at a discount. They believe in Steem and will double down on their decision to back Steem. They have the courage and the "stomach" to weather the storm. They know the game and know how to play it. Volatility is an opportunity for them. Smart money is buying and so am I . Question is , "What side are you on?"
Just random thoughts for the day. Only my humble opinion. Make your own informed decision. Remember, money invested into Crypto should be money you can afford to lose. Be brave. Be bold. Decide! Go Steem!
That's the big thing that I think a lot of panic sellers aren't realizing: Steem is returning to its previous support level before the BTC rush earlier this year. Now, with any luck, it maintains a close parity to the dollar and doesn't drop much, much lower (as it did much earlier this year and at the end of last year), but this platform has enormous potential. This is a smart investment with a dedicated team of developers. If it drops, I'm buying. If it drops more, I'm buying more. :D
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Same channel, buddy. See you at the top. Thnx for the comment
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I've seen some opinions that Steem will hit 10$, I don't know if they say so cause they made fundamental analysis or they just wish to so they become rich :D
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think both.It's a great platform and will only get better. So $10.00 in my opinion is just a matter of time but Steem will be big hitter in Crypto World. Just hold and believe. Remember, everyone has an opinion, you do your own research and follow your own decision . Thnx for comment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I got got another $1,000 in steem I feel it will just go up I trust it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great job. One must be bold to get the big rewards. See you at the top.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sweet
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thnx for the appreciation. Will follow.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What is the main reason why its going down?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Just a cycle. No one knows why . Good to buy now. Price is low.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If you want to let see any of that liquid steem let me know - only after a 100 or 150 max
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Will do. Thnx
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I just purchased my largest amount of STEEM yet! It could continue to go down during the summer slow time, but I think it will go back up a lot towards the end of summer and fall. Impossible to know, of course.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Oh we know it will go up. Just don't know when. See you at the top. Good job buying.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @steppingout23! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @steppingout23! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I was wondering about that. Thank you for the insight.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit