Geez, the devaluation of this is worse than of a 3rd world country...

in #steem6 years ago

Bail out before it pops worse!

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Nah, STEEM is just down with the rest of the market. Market rally happens, and STEEM and SBD will do their third leg up. I wouldn't sell out till then. I would buy now.

Over 70% depreciation in a month... under a constant falling slope even when other markets like BTC or ETH were raising.

I do understand your view.
STEEM is, after all, an inflationary currency.
However, i also see the crypto market shooting up starting here in a couple of weeks. Lots of signs. And this rise is going to be fast.

So, right now is not the best time to get out.
Unless you are actually seeing a death in the ... all your friends have stopped posting kind of way, than STEEM is just going gradually go lower and lower, but on a back drop of all the cryptos going up.

And i feel we are looking at the front of the third wave up for SBD.
So, hold on a month is my recommendation.

-10% in a day... Sweet.

ohh! interesting post, thanks for posting

What is so interesting about, literally, a single sentence?

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