So steem is looking pretty cheap right now from where it was. It was almost $2 when it was passed $3 a week ago. On a side note that shows how volatile the market is when such a change can happen in literally days. At this price you would think, being someone who uses and thinks the coin will go up a lot, that I should buy it (though the market might still be bear and it could go lower). But it is hard for me to go in at this price. Or even $1.50. Why? Because I bought some for .15 cents at one point. And knowing that it feels weird to buy it now.
It is the same for other coins that I bought around ico time that are 10x where they started. It is hard to go back in even when I think they will go up in the near future. Is it just me? I would rather take the chance on a lower coin then go back in on one that I had before.
There are other factors involved but that price increase really puts up a psychological barrier of my investments. Maybe it is one I need to push past to be a better investor but all I am saying it is definitely there.