STEEM price nearing 0.15 USD
0.16 USD at time of writing, STEEM is down over 98% from its high last year.
It has only been cheaper on 119 of its 1229 other days - the last being April 12th, 2017.
Priced in BTC, it has never been cheaper.
Is it time to catch that falling knife, or does it have a ways to drop?
DRutter
We were here before HF20, and things were tough but seemed possibly doable.
After that, the plankton were killed off. Nobody new joined the site, views and payouts went down, bidbot use went up.
Now HF21 has killed off the small fish. Anyone under dolphin is neutered and needs to play games and/or have connections to have any hope of growing. It's far worse than expected/promised.
Hahah, #operationsappearstable and #allfundsaresafe ;D
Dollar Cost Average in just like I have done during the last eight years of the Silver bear Market...........
Just keep swimming, just keep swimming, swimming, what do we do, we swim, swim, swimmmm...
I have a sneaking suspicion that this time, we really are at-or-near the bottom. The low price coinciding with the HF21 just makes sense on some level. We'll know soon.
Ladder in!!! DCA!
Posted using Partiko Android
That's the perfect strategy, assuming there'll be a recovery. If there isn't, it's the perfectly wrong strategy! (Hopefully there's a recovery, and soon.)