Exactly,
When Steem does 20%+ for multiple days straight. Everybody is fine with it. But if it is in the red. Just for a little bit. Then some immediate start to panic.
Steem hasn't even been above $3 for a week. And people already start freaking out because it had a small correction. In the last two weeks Steem has done very well. Especially if you take the overall crypto market of today in consideration
Very true.
The price of steem means nothing. All dolphins and minnows simply need to be powering up...that is the only thing they need to focus upon.
It is essential to have SP in your account...now is a good time to acquire it.