AskSteemit: what will be the peak and bottom price for Steem in 2019?
In 2018 Steem peaked at $8.5 in January and bottomed at 22 cents in December. It is 38 times swing from low to high.
In 2017 we have seen high of $2.8 and low of 8 cents which is another 30X swing.
In 2016 we have seen high of $4.3 and low of 11 cents which is 40X swing.
#AskSteemit: Will we see another 30-40X swing this year too?
I believe we will not see that much swing this year.
What you guys think about peak and bottom for steem in 2019?
Disclaimer: This opinion is not a financial advice, it my personal perspective and opinion. Please seek professionals for financial decisions.
Image sources: Most images are open sourced (e.g. Pixabay, Wikimedia etc.) with Creative common license. Some images are used with due courtesy to respected owners.
Thanks for reading.
@riseofth
Cryptominer since 2013, occasional trader and tech blogger
I prefer stabilization and a slow grind higher over these large swings but if we do get them, let’s learn and don’t be afraid to adjust positions accordingly so that the next price cycle do not impact our accounts.
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