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RE: Don't buy Steem on Poloniex.

in #steem7 years ago

I've bought steem multiple times at multiple amounts. As for BTC and shorting........ that's not fear that's using your head. If you can use this opportunity to short BTC than you are likely to make several hundred dollars.

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hmm yes but the june gain is now corrected. I think some crypto is way too overvalued, especially the projects that haven't got any reliable product yet. For other where I truly blieve in are the decentralized versions of products that are part of our daily use or source of info which will be used by everybody who is using kind like services now. I believe in the long term so I don't really care about a price cutting investments in half or erase them. Like in the stockmarket is amount of share the keyplayer that brings return in the longterm, that's warren buffets key strategy btw where he then adds that dividents are the factors that cause reinvestment capital. but for now, everything is a little too much speculations and hype.. just find a portfolio of a couple of coins, or 10 or so to invest in small amounts over time.. that's how i'm playing this here.. when it goes down a lot I just buy for the same amount of value each time and have averaged down and much much more coins when someday the market returns to grow and the projects are much more developed and widely usefull and adopter (Y) I do also small amounts under 200 dollar each time, because half of what I started with is already gone up in smoke but I will keep buying with the money I can afford to mis for a long time

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