As a former stockbroker, and a longtime buy and hold investor, the downturn in Steem's price, or of cryptos in general, doesn't bother me.

If anything, it's a strong buy signal.

I might feel differently if more of those preaching doom and gloom for cryptos seemed to actually have a handle on the financial markets in general, but my impression thus far is anything but.

In addition, most in finance don't truly understand blockchain, or the many ways in which it may well change how we do business, so their forecasts are equally suspect, if not entirely irrelevant.

The bottom line is that most world governments are being financially irresponsible, the US is currently the worst offender, and it is highly likely that we will witness a crash of world fiat currencies that will make even paltry sums of decent cryptos worth far more in the future.

I am still very bullish on cryptos, and especially on Steem, as its blockchain is so much faster than the vast majority of them. It still has massive upside potential in my opinion

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