I think you did quite well in waiting, actually. Even at $2-$2.10 USD, that's the lowest it's been since the very day I started. My first purchase was at $6.19! I've been trying to lower the average ever since.
I think wishing we waited is always going to be the deal. Our brains must be wired to get the best deal. And at the time we did it, it was the best deal. Personally, I'm glad for the opportunity to trim my cost average, but now I think I'd rather see prices go back up a bit, so I wouldn't have to stare at a loss in my wallet. :)
I'm really not cut out for this trading lark @glenalbrethsen. I'd finally decided to trade a bit each morning until my euros had gone and then I change the goalposts. I've been doing that for weeks. I think you need a plan and then need to stick to it but I keep vascillating.
i just looked at the price and now I'm wondering do I buy some more now while it's all lower again or do I wait until the morning which was my original plan trying to go for averages?
I keep cocking it up anyway. keep getting the decimal point in the wrong place and then this morning I sent my BTC to Coinbase instead of the Blocktrades and had to send it back.
Oh my. Look how late it is. i want to write another post before going to bed. I don't have time to trade. I at least need to get that post done first! 😊
Wait long enough and the decision is made for you. Which may mean it was for the best. There really needs to be a better way of doing this, no doubt. Our experiences are similar so far. I didn't hop on Steemit to buy STEEM, but now I kind of feel like I need to just to keep up and have something to reward people with.
Anyway, happy posting and rest well.
I didn't come to Steemit to invest either @glenalbrethsen. In fact, I had no idea just how important the financial side of things was and I've been dragging my feet about getting involved in it.
I really didn't want to buy any power. I wanted to see what I could do without using any real money. But as I saw people who started the same time as me getting further and further ahead, whilst doing much less work I decided I needed to reconsider that idea.
I decided to invest £500 which, quite honestly isn't enough to make any real difference but whilst being here and beginning to learn about crypto and steemit works it was hard to keep plodding on as slowly as I was.
So far I've spent £200 and i'll keep spending a bit more everyday. After that I'll have to see how I feel,
The biggest drawback for me of the fall in price is the drop in engagement. A lot of people I follow, who've been round a while, seem to have stopped posting altogether and so aren't here to comment on my posts either.
I was posting 4 times a week but I've dropped to twice a day now. it's beginning to feel a bit like Facebook where it feels like I'm just posting into the void.
I'm not sure what I'll do next week. 😊