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RE: 09 September 2016 - Honest and explained technical analysis STEEM / BTC / USD by najoh

in #steem8 years ago (edited)

True but nobody knows where 'bottom' is. You can wait for an uptrend to develop while I we be constantly adding more and more Steem Power, collecting more and more of Steem tokens. We could trade sideways for a while and SP holders will gain. Price has to fall a lot more to be negative returns in 2 years.

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Steem still in Beta. 3 months is nothing. Go look at Ethereum price pump and dump last August after the tokens hit the exchanges (fell by 4 times), only by Jan. the price went parabolic less than a year later. Steem is probably going to do something similar.

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