Steem Looks Like A Big Sell Off

in #steem6 years ago

Steem Looks Like A Big Sell Off

Down Below $2 Today

As you can see today's price at $1.92 it appears a lot of downward pressure on the price. Lots of selling in Steem market place.

Like all the Crypto markets at the minute lots of pain for Steem holders. I believe it will continue for the next few months as all the coins are suffering.

My advice is just to ride it out the price will come back when the buyers return at the minute the sellers are in control and the price is going lower. There is no point to seller when the price could go lower. Hold on and wait till the prices rises again and it will.

Let Me know your thoughts and follow and comment Thanks

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Thanks for the great post. I think your advice to ride it out is the correct play. HODL as the kids say these days. It could dip more or bounce back strong tomorrow. Volatility is the only guarantee.

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absolutely love this logo

steem has a lot of downward sell pressure from ppl making money off of inflation and then selling on the market. that said, there's also demand to buy in to advertise

Wow nice way of explain Steem Price

Hello my friend @newmarket65 how are you ?. This is the best advice that you can give us all, the coins have had a small advance in these last days, despite their incredible drops they had at the beginning of the month. But like your I think this will be days so they start rising again so it is advisable to wait until the prices go up and reach where we all want to be very favorable for all and not lose money. Good advice my brother, it serves as encouragement for those of us who do not handle information like this on a daily basis.

Well, one thing am sure of is that the dips isn't at its lowest yet. A lot more pressure will come on the market. But likely go the third or fourth quarter of the year we'll see some improvement on the price. To me, I'll keep holding.

don't have to panic... it is the good time to buy some steem... after few month it will sure rise.

I liked your creativity means, in picture we can see the real life Steem and in my opinion this is the creative and eye-catching work. I am not an market expert but i will keep hope on the Steem market. Thanks for sharing and wishing you an great day. Stay blessed. 🙂

this post I like very much, good information and very useful, thanks for sharing @newmarket65

wow amazing post thanks

i like your all post.
it help us..
every day know some new thing...

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