STEEM - 1$ level tested soon ? What to do ?

in steem •  5 months ago

Hello all,

Here is the chart of yesterday :


Here is the current chart :


As expected, we are more and more close to the 1$ level. Don't think I'm happy of the situation as I'm a holder also but it is simply logic due to the technical analysis.

Why I don't sell now my STEEM if I'm sure ?
For 2 points :

  • I only sell my tokens during the big UP trends and never during the Bear trends.... It is too late.
  • I could sell my tokens and buy back lower as I'm convinced we will go lower. The problem with that method is that the big bounce can happen at any moment when we are like now at the end of a correction. And it is horrible to miss the train when you just sold some days or weeks before with the objective to buy back cheaper.

I wish you massive profits,

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.


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buy now, power down and sell when it hits 5$ again

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Hey thank you for your interesting article!
Yeah it is right that STEEM is going to 1$, but I think it will get higher soon.
As I know STEEM goes technically down to 0 one day, so I would change my STEEM to SBD which is more stable.
But if you want to really invest to make money it would be better to invest in IOTA, Ripple or something like this.

Should I understand you expect a big bounce soon?
Steem on!

steem is dipping on day to day basis. Yes it's better option to HODL instead of selling Steem. Let's hope SBD price will rise so people may convert more SBD into Steem power

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In reply to your question :-)

Buy more when there is blood in the streets ✌️

I agree with the others. I come here for steem coin news and technology updates. I go to steemit for the top trending content on steemit.

What to do, buy, buy and buy
I see Steem eventually $100+ minimum..
Very hard to say when, could take a long time could be sooner, buy & be patient.
A dollar or two will become very cheap.