Thanks for input. Yeah, In a way thats true. But remember in the traditional markets whole sectors usually fall even if some industries do very well within that sector (IT, Pharma etc) The fall of some often drag others down with them.The important thing is more which individual company/coin wins long term. We'll see soon enough that for instance STEEM will gain more when markets go up, and fall less when markets go down.

Do keep in mind that since for example november 15th the total crypto market has doubled from 215 billion to now 445 billion, whereas STEEM has gone up more than 4 times. It's not that long ago STEEM was at $0,95...that's november. STEEM will absolutely explode in value when the markets turn bullish again. I'm wondering if it might go another 3-4x when the total mcap doubles to 900. $12-14 STEEM in April. Very likely IMO.