Should you buy steem or wait another 2 weeks?
when to buy steem?
Below i pasted the steemchart from steem at the moment of writing.
price of steem is at 1.32$ coming from 2.60$ some time ago.
So the big question is: Should i buy steem?
Yes you should! But is this the right time? My toughts are that possibly, and there is a very good chanse it is, steem will go down even further because of segwit2x (bitcoin).
As people do not wanna take the risk to lose alot of money on bitcoin when things go horribly wrong at the end of the month, they are cashing out on bitcoin to buy in again afterwards.
Bitcoin down means other crypto's down.
Segwit find it's date 2 weeks from now and after approx 1 week we will now how everything turned out. Then my friends, by that time you will see prices start rising again. It will be march/april 2017 all over again. After that we will wait to see how things evolve with the hardfork on bitcoin october 15th.
So what advice do I give you here?
Well first of all you shall have to decide for your own. I am not a professional entrepeneur and You still have to decide for your own how to play your cards. I just wanted to let you know that i think till now and 2 weeks from now price will continue to go down and with a price of 1.32$ we already have a nice buyopportinuty but its very possible that price will go even lower..
If you defenitly do not wanna miss opportunity you could split your investment, buy now and hold some for in like a week or a week and a half.
There will be some resistance ofcourse because people notice it is a good time to buy steem. We'll see how things turn out.
inform everyone in your list and resteem, great opportunity is here!
Volatility is the norm and come August 1st we should seem some fairly drastic movements. I think diversification is the key. LTC should be incrementally good as people cash out of BTC temporarily moving assets to what is perceived as a safe haven. Hence the fluctuating price. Some good altcoin potentials like Wagerr, ICN, Strat, GNT, XVG for long term and short term gains. Interesting times. i sure some will emerge from this bloodbath with a few shiny lambos.
i think its the time to buy at 50% investment n wait for more dip then buy 50%
I helps me, I voted and followed you thanks
i vote u follow me ,randomly i will vote u
I would not put fiat into crypto in next 2-3 weeks, however probably in this period of time we will see some lows, should represent a good entry points. Maybe waiting for 2-3 confirmation for the support and then immediately after it starts to grow again jump in. But do this close to August 1st, not yet. This is not an advice, trading is your own responsibility.
thanks for the info
I think it's a great time to buy right now regardless of what the price is in two weeks. The Steemit platform is looking great. It is going to be a worth a lot more in a few years once it is adopted as a top social media platform.
As i see price going down i had bought some steem today. The market price is fluctuating every second. Lets hope for the best. Resteeming this post
I think it will hit its lowest in 2 weeks then slowly go back up