✳️ Steem Price Hovering around $1

in #steemit8 years ago (edited)

Source: https://coinmarketcap.com/

Steem, and cryptos in general, are off to a nice bump in the last 24 hours or so. I'm not entirely sure why they are going up in price, but I'm not complaining.

Do you think this is a fake or have cryptos bottomed and we're heading on the next leg of a bull market?

Keep on Steemin on!

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I am cautiously optimistic and have taken profits to USDT.

Me too :)

I hope that steem is a stayer but keep my eyes open and my risks spread.

Exactly.

Not convinced this is a trend just yet.

I still think things will be slow for crypto until the end of the year.

Could be right. I'd tend to agree.

I haven’t bought in a while, but this is probably the time to be buying and $ cost averaging. Only a matter of time before another big bull market hits. I think some other big news about crypto going mainstream may have to come up for that to happen.

Just a correction after all the selling the past few weeks. The alts desperately needed a bounce so its not necessarily a fake but rather a selling relief. I do think BTC we'll hit 7400-7500 though before we go back down though so I'd expect Steem and the other alts to follow the ride :)

Good observation.

Thank you for your continued support of SteemSilverGold

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