Thats harsh! No one can know as it is all in the hands of some big players who are manipulating the price of BTC down which is consequently crushing the price of all cryptos.
The problem with trying to catch the dip that I have is FOMO. What if bulls come and we never see .30c STEEM again?
The solution is to buy every couple of days, or weeks until you run out of cash. That way you are minimizing the chances of getting shit on by the crypto markets by buying at an average price, instead of the current one.
Yeah I know. What I was thinking about doing is buying in for a thousand bucks in then if it bumps up I sell and then hope it goes down and by and trying to accumulate more steem that way. buying in a little at a time doesn't excite me as much but I don't know why it seems like the right thing to do
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I tried to do it a couple of times but I am no trader so I end up losing money every time. I just dont have the heart to daytrade, or to trade haha
I know me too. If it's up like $0.10 I don't sell because I'm afraid it'll go up more and then I'll lose out. But I would have made a ton of money if I started selling at 60 and buying back a little bit lower and then selling on The Bob excetera excetera excetera
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Exactly! I didn't sell any of my Steem @ 8$ because of that. thought it would keep going up..... Next time it goes up I'm sellin' at least 1-2k Steem, only to come back in when the price inevitably corrects.