You are viewing a single comment's thread from:
RE: Shoutouts To Those Who Engage With Me The Most
Well, as I predicted
by the time you read this, it will be another day and I will have moved on.
Not sure I've moved on but it's another day and I'm still plodding on and not thinking about the stuff that was getting to me so much.
I see Steem has gone down again this morning so if it keeps going in that direction I'll probably buy some. But . . . at what point do I buy? 😂
When it was going up I said if it got below $1.25 again I'd buy some. But now it's going down I'm wondering if I should wait and see if it goes below $1.
This is why I've missed both the big dips that have happened since I've been here.
Maybe I'll just buy 10 Steem if it drops to $1.25 and take it from there. #😁
Looks like Bithumb is back at it, driving the average price up on significant volume, but the other exchanges aren't going with it, so without Bithumb, it's around a $1.36 or so.
Buying dips has got to be the hardest part. I've come reasonably close a couple of times, and then been way off the rest. I've been told that you just keep buying in increments, more or less like you said, and if it keeps going down, you have more left over to buy and you can adjust the amounts as you go.
I guess there is such a thing as holding too long—holding too long on your fiat that the dip gets missed, and holding on too long to the investment that you miss the moon. :) Wherever that's supposed to be.
Okay, well, no need to continue the other part of the conversation, then. As they say, onward and upward.
Well I don't think we are anywhere near the moon yet @glenalbrethsen so that's an easy one and my main goal is still to build as much steem power as I can anyway.
I think I'm going to with the buying in increments approach and start with 10 Steem when it gets to $1.25.
If it doesn't reach that I'll have to have yet another rethink! 😂