If I had a position in Steem I wouldn't sell but I wouldn't average down yet either.
The current trend is down and there is a famous saying about it being unwise to "catch a falling knife".
It's impossible to know how low Steem and Bitcoin will go but once it starts trending up again, you can invest fiat again to lower the price of your overall position and "average down".
Having said that, thank you for continuing your work on Steemit. Focus on your vision (not the current circumstances) and your faith and energy will take you to the finish line!
Just got real! Ohh boy we are in for a crazy awesome ride 💪🏻😀
Posted using Partiko iOS
Hi @kenmelendez,
If I had a position in Steem I wouldn't sell but I wouldn't average down yet either.
The current trend is down and there is a famous saying about it being unwise to "catch a falling knife".
It's impossible to know how low Steem and Bitcoin will go but once it starts trending up again, you can invest fiat again to lower the price of your overall position and "average down".
Having said that, thank you for continuing your work on Steemit. Focus on your vision (not the current circumstances) and your faith and energy will take you to the finish line!