Steem Price Chart Update: Will Steem Go Up in the Next Few Days?
Greeting My Fellow Steemians!!!
Steem price has been going up and down where sometimes we don't know what will happen next. Are we going to buy now and sell later or vice-versa? These questions I think is very important if you're really into cyrptocurrency investing or at least monitoring steem for whatever reason
I visited coinmarketcap.com today and here's what I 've got:
Based on this chart, it seems that the price of steem will eventually go up again in the next few days. You might not agree with me and yes I'm just guessing based on what I'm seeing but this happened already in the past. When the price of crypto goes down, it eventually goes up afterwards which could take few days and sometimes just few hours but rarely happens.
I guess what I'm trying to tell is: This is an opportunity to buy more steem so when the price goes up, you'll get a profit from what you bought.
Let's check the historical data:
Based on the historical data, the highest price was on Sept. 30, 2017 and the lowest was on Sept 23, 2017. That is a around 7 days gap. As you notice the price went down again until Oct 3, 2017.
If I'm gonna observe the historical data alone, there's enough evidence that the price will eventually go up after it reaches the lowest price probably near to $1.01 - $1.10. Therefore , it's possible also that the steem price will continue to go down for the next 2-5 days. After that, it will eventually go up again.
Now guys, I wonder what do you think will happen to steem? Will the price of steem reach even half of the current price of Bitcoin in 3- 5 years from now? What I've stated above it just my observation based on these charts from coinmarketcap.com. I really think that it's best to wait 2 or 3 days to buy steem in a lower price.
I hope this help specially for newbies to decide their future on steemit. For me, I believe in "Sell high, buy low" theory. That's it for now guys. I hope to hear from you soon.
I follow the coin Ripple and its on the rise,so i think they all are on the rise..Good Luck and Happy Steeming
Thanks for the thought. I'll check ripple as well
Ride the right coin. Ripple is not the currency you should be investing in.
https://steemit.com/cryptocurrency/@ghayas/does-ripple-have-any-potential-to-grow-in-value-should-i-be-investing-in-it-why-do-so-many-people-hates-it
And what do you suggest sir
Go into my profile. You will see some great articles such as;
https://steemit.com/cryptocurrency/@ghayas/it-s-right-about-time-to-buy-some-pivx-rally-ahead-taking-off-for-moon-usd10-expected
https://steemit.com/wavesplatform/@ghayas/wave-platform-goes-ng
https://steemit.com/cryptocurrency/@ghayas/adex-token-leading-the-market-with-over-85-increase-stunning-growth
https://steemit.com/bitcoin/@ghayas/what-are-some-good-altcoins-with-good-future-prospects-the-rationale-for-these-would-also-be-helpful
Thanks a lot for the info
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Ok @minnowpond :) Let's see what you've got.
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I would love for it to drop. So, that we could buy :) Sorry guys !
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Thanks @minnowbooster ^^
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