Who knows if we hit the bottom yet or if there is more room to go. Either way, I decided it was a good time to exchange a bit of my fiat for Crypto. They say buy when others are selling, so I did. It's not enough to change the economy or even the distribution. We are still house shopping so I have to be conservative. I remember when things got hot last year wishing I had bought a bit more.
In any case, I think Crypto still has a bright future, just maybe not tomorrow. (I'm fine with tomorrow, but the markets might not be!)
Unlike a few other buyers I've seen, I just went ahead and bought Steem so I can power it up. SBD was also a bit tempting.
Here is what I bought:
- Steem
- BNB
- BAT
- EOS
- BTC
If crypto is dead, it got a little more of my money on it's way out! :) If the prices are still low I'll probably add a bit next week also.
Feel free to mock my decisions in the comment section! :) Or join me in picking up some cheap Steem.
SideNote: Goal achieved, I've been wanting to hit 15k in Steem for a while.
woohoo...I bought today as well...hold onto your hats....fourteen steem lol. I know it isn't as large as you larger fish, but is still exciting to me, plus I'll be buying more by week's end. My next target goal is to reach 1000 SP. Goals, people....set them and reach them lol.
I'm excited about your fourteen Steem! Whoot! In the early days I put in a little here and there as I was afraid of the crypto markets. It helped.
I like your goal too!
Thanks! I'll keep pinching off pieces as often as I can. I'm in the same spot as your early days, trying to learn as much as possible and it helps to hear everyone contributing their votes of confidence to the Steem price. I'm here for the duration, up down or sideways
1000 SP is a great target mate. You definitely see a jump in your rate of earnings. Just don’t make the mistake of delegating it away. Use it yourself. :)
Noted! Thanks for the input :)
So right now, we want usd 0.1 steem :D And buy all of it :D
My goal is the 1000sp too. And 5k. And 10k...
Hm, i have a work for the next few years :D
Awesome! Perhaps in the next few years...perhaps sooner!! lol Let's go get that 1000sp !!
Thank you for the advise.
haha! I like your attitiude and your optimism tamaralovelace! I'm sure it won't be long before you reach 1000SP and you're going hit rep60 soon which is another great milestone!
Thanks! I'm going for it lol. Getting close on the 60 really is another great goal! Onward and Upward is the motto for the day :D
haha! howdy this fine Wednesday tamarlovelace! well it sounds like you ar totally unstoppable!
@whatsup,
Can I provide you my thoughts about your investment on crypto today?
Steem - Best idea, coz this is a nice dip!
BNB - To make a hedge yeah this is better, BNB is not dropping drastically. Like a soft peg currency!
BAT - I hate it's market supply. And a token type project. So, I won't invest there!
EOS - Collect more, collect more, collect more! The future Eth!
BTC - I am not collecting this dump a$$! Coz I hate it :D
Good luck and it's a great idea to invest on crypto at this moment!
Cheers~
haha, I enjoyed your review.
Well that is another thing we have in common - adding up my account and @kiwideb we have about the same total Steem Power as you.
I'm watching to see if the rest of this week is a recovery or a dead cat bounce.
Either way brings different opportunities. I'm game. :)
Thanks for being an inspiration - I just did a comment that included
"after two years on Steemit, I've seen that when it all looks like shit, like right now, there have been some people who have held it together and they inspired me"
You are one of those!
I'm ready to pick up some 50 cent steem! Thank you, bears!
15,000 is a lot! Congratulations!
I bought SBD today! I have a feeling steem might slip a little lower and will pick some up then, hopefully but not hopefully if you get me!
I get it, loud and clear!
I picked up 250 steem yesterday. I'll get more if it keeps dropping. What a time to be alive!
Nice! Good job.
If I had spare cash I'd be buying Steem. It's a bargain.
Yep, I don't pretend to know if this is the bottom or not, but in the long run I am sure it will pay off.
Doing the same. Just snagged a tad more yesterday and will have about 600 more coming at the end of the month. Plus the drips and drabs in between. I’m with ya all the way.
Whoot! Nice, I'm excited we need more stakeholders and I see some people are buying!
Yup. In it to win it. I’m going to try to sell some random collectibles I have in the coming months and make a strong push. So I personally hope it stays like this a bit longer.
Congrats. You inspire those of us coming behind you, and at these prices when it hits what it was at about 13 weeks ago that alone would be an 500%+ increase.
Nods!
If I had any money I would definitely grab some right now. I like your spread of coins other than BTC, although that coin is at a clear discount right now.
Now to wait for the bounce. :)
Yeah, I'm not a fan of Btc either, but you can't be in crypto and not hold a bit of BTC. I tried it, and I was sad.
I don’t know why I read BTC as bitcoin cash. My brain must have stopped working. Collect plenty of BTC which I’m sure you have. I hold some purely for “stability” reasons.
same here, I bought some a few days back and some more today... now I will wait a few days and see if it drops below the 80 cents
https://steemit.com/steem/@felander/i-am-putting-my-money-where-my-mouth-is-are-you
This is probably a really smart move. I've also started buying more as well, even though I really shouldn't since I already have too much of my assets in crypto, but hell how can you resist? I have some more money coming available probably in a month or so, so i'm pretty sure crypto prices will rebound immediately before that comes in :-P
While I realize it might have been early... There is always next week also!
Nice move @whatsup!, although the EOS governance perspectives remain quite blurry (and they cruelly lack development tools). If I had some fiat available I'd surely by a bag of $MUSIC (Musicoin's currency), their community is growing steadily and the use cases are to raise too (mobile app to be launched in October).
With EOS I look more at the potential and less at what it is doing at this moment.
howdy there this fine Tuesday evening whatsup! I like your style and think I'll follow suit!
yo @whatsup... I made a non -shit contest post , would love to see your entry..
I will check it out!
I'm hoping for a nice crash in the equities market soon so I can sell off my puts and buy a bunch of Steem. I think we're still a ways from bottom time-wise and don't see a whole lot of urgency, though. Being patient never really hurts even if sometimes it seems like it does.
Yeah, patience or steady either one can work, together a powerful mix.
Woot woot....nice. Yes it is on sale. Will Buy 1,000 shares tomorrow of Steem. I lost my Debit card 4 days ago and had to get it replaced so just waiting on that to take funds out for Coinbase.
Again congrats and good going. You're Buying at a HUGE discount imho :)
Awesome News! I wanted to get a 1000 also, but I decided to wait another week for that! :)
Glad to hear you are buying and sorry about losing your debit card that stinks.
Thank man.. But yeah it looks like my Debit Card will NOT get here til either Friday or Saturday.
Hope price stay low til then ;)
crossing my fingers for you..
Well thank God it came ,and I got 1,100 shares below .90 cents
Iam a happy camper today !! :)
there might be possibility of going more down but if someone who has seen the low of 2017 in steem this could be the best time to book some bags full of steem :D
Way to go @whatsup! That is why you are the big fish in the room. I am still learning about the different cryptos and their movement. Investing in cryptocurrency is a little different from investing in stock. As a technical trader, the missing element for my analysis is more historical data to forecast prices. May have to dive in shallow water and give it a swim.
@whatsup, this time for sure you DIDN'T get lost on the way to the bitcoin store ;-)
II think it is a good move. I think a small bull run is very likely. Go litecoin!
I'm with you 100%. Just trying to figure out where to get the money from to purchase more. I had told multiple people that I felt Steem would bottom out at around 80c and sure enough we hit it. That was when it was still well over a $1 so it was a pretty bold call at the time. Really feel like this will be the bottom.
Nice call on the .80 Hopefully it stays above that. We shall see.
i wont mock you as i currently dont have any funds to spare, but i want to do it like a crazy dog.
Unfortunately I have already invested everything that I was available to...but now could be a good time to buy some cheap coins for however still has spare cash. I see this downfall as a maturing process of the market and its investors. A painfull one a matter of fact. One that might not have come to an end...yet.
Yeah I agree we could fall further, but I don't think I'll lose in the long run.
I don’t have more cash to invest. just putting in the same amount of time as I do and getting more upvotes to increase my position
That is the way I earned a majority, but not all of my Steem. It is good thinking.
thank you for the upvote!! i earned all my steem, I power down to use bid bots and funnel in some earnings form faucets but its all small. In time I will have a bigger account
Haha well If nothing else, gambling can be fun.
I am with you on this but sadly my cash is all tied up so I can't take advantage of the low prices at the moment but I totally would if I could.
All of crypto feels like a gamble.
Truth. If we could just figure out how to work flashing light and casino noises into cryptucurrency investments, we would make a fortune, I tell you.
Thumbs up Whatsup! What a good investment sense you have there. I also intend to invest in Steem because i can see a rosy future ahead.
any other way to get steem without investment.
yes, work your butt off :D
People should learn the mechanism of crypto. Crypto is all about HODL, so keep holding cryptocoins rather than getting panic.
You got a 4.04% upvote from @upme thanks to @whatsup! Send at least 3 SBD or 3 STEEM to get upvote for next round. Delegate STEEM POWER and start earning 100% daily payouts ( no commission ).
Good for you!
I think those of us who were here and plodded our way through 7-cent Steem probably have a more philosophical attitude towards the whole gig.
As long as there's still a community and a cool place to blog here, the Steem will go up, and it will go down. Might as well get used to it.
July 19, 2016: $4.34
March 10, 2017: $0.07
January 03, 2018: $8.39
August 12, 2018: $0.79
Just another day on the Steem blockchain...
Smart move.
I've been going shopping as well! Just curious, why BAT? I might buy a little but I don't really see much in it?
I think there's one more bottom! At least for BTC which usually means most alts. I think it'll go up after that.
But this is just rando opinon. Who knows what could happen- manipulation makes things extra unpredictable (extra exciting?)
Yay glad you bought more! I wish I had more to throw in right now lol I'd go all in. I also got a lil' EOS and BTC and just a teeeny bit of steem