RE: Steem Price Is Dropping Fast. Is This Rock Bottom? What Do You Think?
That's the thing: it all is still highly unpredictable. A month from now, Steem could be worth 1 cent, or 10 Dollar... same for the other cryptos.
Blockchain tech is undermining a lot of people/companies with a lot of influence - it's in their best interest to do what they can to stop people from investing. To scare them off. But I believe the technology has too many possibilities and at one poiint the resistance will break. Could take 1 year, could take 10 years, who knows...
From my previous investments I learned to not buy on the dip, because you never know if the dip is the real dip. Lol, I bought Steem fof 98 cents, for 2 Dollars, for $4 and I don't really want to think about the other prices I paid. Every time, everyone said it could only go up. If I buy extra, it will be at the start of the bull run. You never know how much lower it could go....