You are viewing a single comment's thread from:

RE: ๐Ÿ˜Ž Why I Love The Current Downtrend In The Price of Steem ๐Ÿ˜Ž

in #trading โ€ข 7 years ago

Great post. I have followed this currency for sometime now and watch it go from .25 to $4 twice now. I wished I had purchased steem at around .11 cents or .25 cents and invested several thousand dollars into the currency at that price point. I think dealing in the currency on a regular basis is the smartest move. Buy some at .50 cents, buy some at .90 cents, but some at 3.5 and DOLLAR COST AVERAGE. Timing any market can be difficult but I'm a firm believer in some of what you are writing about here. There are larger factors in force and your article is good at pointing that out.

If you were to buy $1000 USD of Steem at .11 cents and sell for $4 dollars you would have about $36,000 USD in only a few months time. When the currency hit the top many people sold and so would I to hedge my bets and to keep liquid.