Steem continues to fall ....

in #steem7 years ago

Steem continues to fall. I wonder how low we will go. ??? I'm looking for a good contrarian coin... what do you think ?

Tether ? DigixDAO ... Silver ? Gold ?

Chart: https://coinmarketcap.com/currencies/steem/

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Altcoins have been through a pretty epic rise and fall over the last few months!

I can never sell though since I convert everything to Steem Power. I have faith it will come back. Maybe

ya me too, I thought about selling some while it was high but I don't want to power down for some reason lol Oh well it's too late to power down now wait for the next rise!

Yeah.. buy low sell high ....

Steem climbed from 80 cents to $8 in a few weeks... and then fell 80 % again. Better to just accumulate for Free by creating original content.

I would avoid DGD, its trading at over 5x the cost of gold... My advice is hodl, and take a nap. Getting too stressed about each dip is a good way to kill yourself haha.

That's very true. I like to diversify when I can though. Looking for some good Contrarian coins but Tether makes me nervous for some reason. Maybe I will just buy some gold old fashioned Silver and Gold coins when they dip.

Yes Tether should make you nervous. Its a shady company that has yet to prove it has the backing it claims. And their TOS specifically says that they will never in any case allow you to exchange your Tether tokens for USD, even though the front page implies it.

Prepare for mayhem i guess. Lots of Altcoins will die but the surviving ones may direct our future. Thus hold on to coins/tokens which give you some kind of value.

I would buy some gold, silver some food for the next 6 months and stay to my favourite coins. Not only cryptos are shaking but the whole asset environment i guess but do not hope.

In fact mining some BTC is also always a good option :D

The Stock Market is flying High..m Marijuana stocks, AMZN, Netflix... crazy

but haven't u seen a major dip in january? In stocks and crypto? That was like a small earthquake before big mama hits :D

Yeah I keep hearing that. Meanwhile stocks continue to rebound.

Well well actually i don't know what will happen this year but i hope the crash is still far away...don't want to lose my company because of it. Maybe u are right in my opinion preparation is still important if it hits and you have not prepared yourself ...well :D should not be fun at all

The Crash will happen this year. It is long over due. Make sure you have some cash on hand to buy at the bottom.

Well in that case we might see it to drop some more but not to worry it sure will get back up ;)

I wonder how much longer it will take for Steem to go back up . Also SBD.

If it drops all the way back to .80 cents maybe I will buy some.

I guess it would be great if dis, but I don’t see it happening though.

Dropping big today

Yeah it's actually good for people who want to buy it. It's been expensive, but now it might get cheap again. And I'm sure it will rise in the long term.

I just started mining ravencoin (RVN). They didn't do an ICO, and no pre-mine. Seems like the devs are doing things the right way so far, but it's still new and cheap.

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