You are viewing a single comment's thread from:

RE: Why I sold all my liquid steem for bitcoin

in #steem8 years ago (edited)

Yeah, back on Nov 6th, in a video I made with @mrs.steemit, we discussed the hardfork news and I predicted that it would result in a sharp drop followed by a more gradual and steady recovery. My personal intent is to sell one powerdown (via changelly, to avoid adding to the downward pressure on the exchanges), hopefully soon enough to beat most of the other sellers, and then stop selling for a while as the price recovers from the dump. I'm expecting an influx of new investors buying-in soon so I'm betting the recovery probably won't take more than a couple months... but of course this is all just theoretical. I've definitely been wrong before :)