Steem Is Going Up, You had your chance while it lasted.
One thing I can say now is...I told you so! I was posting a few weeks ago about how Steem has so much potential and will go up very soon. Right now, it has been going up more and more, and today will be a good day to post on steemit because if you get any good earnings on your postings, they will go up since the price of steem is up.
I Told you so!
I mean come on guys...It's common sense. More and more people are joining steemit, and there is only so much steem in the market cap, so when we have too many people on steemit and the rewards pool is smaller and smaller, the value of steem is going to go up. Supply and demand, they call it.
Hope it continues
@alex-icey I am going to see how I can come up with more funds during the next month to increase my STEEM holdings. Thank You for your POSITIVE Attitude as we all benefit from the increase in new STEEMIANS..................
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I love seeing this and it is a good thing, for all involved, when Steem goes up. But, the price of all crypto currencies are extremely vulitile. Steem, for some reason, seems to increase on the weekends. Maybe because people have funds to invest if they are using income they receive weekly? Nonetheless, Steem was over $1.40 last weekend and had a bit of a correction at the beginning of this week. I love Steemit, fully believe in the platform and plan on investing more into it because of the potential I see in it. That said, let's not get too ahead of ourselves here.
When looking at charts of cryptos, the rise is awesome to watch and if you are investing short term, it's a great time to take some profits. If you are investing in Steemit for the long haul though, you should really be looking for when the correction comes and where the support lines are. Support lines are pretty much where a coin or stock tends to bottom out during a correction. So when everyone that is short term investing sells and takes their profit, where does the price go down to and level off or begin it next upward swing? That's the support lines you are looking for, which can be more important than the price is peaks at for long term investors.
This is all just some advice from a random guy on the internet though. As with anything, if you plan on investing money it's should be money you can afford to lose and you should always do your own research and not rely on the "experts" you see or hear from. Goodluck to all my fellow crypto investors and/or fellow Steemians!
Lets make some Mula! lol
Steem is a long term promise and it is here to stay! Glad to have used all my Steem Dollars to buy Steem and then power up. Now, I have some Steem freezed in form of Steem Power.
Yes you called it, been climbing steadily today lets hope it stays up and doesnt bounce back down
its gonna rocket up soooooon
Well from what I have seen you have been getting it right up to now so would be great if your right
Im going to need to snatch some more up before it shoots to the moon.
Thanks for the updates. Glad to see it is going up. I never had any doubts since it is the greatest community of people. Keep Steeming!!
Followed @alex-icey! :)