Now may be a reasonable time to DCA into STEEM

Hi, fellow Steemians.

In a previous post, I showed that interest in Steem is objectively falling, yet I am considering to buy more STEEM - why?

As you can see here, we are venturing into the same price level that we saw from autumn 2016 to spring 2017.

This price range could be viewed as the fair price of STEEM before the crypto hype exploded.

But now that the interest in crypto has died down, how does the interest in Steemit look like on google trends?

We can see that the interest IS much lower than at the peak around a year ago, but it is still higher than what we saw from autumn 2016 to spring 2017.

So unless you believe that STEEM is worse of today than in late 2016, it seems like it is a reasonable time to get more. Of course, you should never do this if it is money you cannot afford to lose!

TLDR: It appears that we have hit a previous low price level of STEEM that it had before the crypto hype exploded, but the global interest still looks higher today than it did in that time period. Now could be a good time to dip your toes additionally into STEEM.

Good luck to all of you and take care.