Be careful it could drop even lower. Wait for strong support, this is red sea madness and Bitcoin might just go bubble we expected, but those chances are low. What we need now is hodling Steem but I guess it all depends on the market whale owners of Steem. If they decide to dump it, there is nothing we can do.
Agreed, there's speculation Steem could dip again even lower, and the whales have more control than anyone. My strategy to mitigate risk is to buy small amounts and power up slowly over time.
Exactly. Powering up is a nice choice if you have some extra Btc and Steem but consider that powering down takes too long and the price of Steem might go much lower until you power down your investment. It's a 50/50 risk. But being a Steemian, I can't resist the feeling that it will go strong bullish after this.
True and thank you, appreciate the advice!