Just Bought STEEM at $1.89
It looks to me like it may have a little support right here at 76000 satoshis. The support is only 2 weeks old so not enough for a big buy for me, because It could go back to lower levels, but I am going to go ahead and pick up some here.
This trade is based more so on the successful movement to HF 19 than anything else. I think a few people might be a little more bullish on STEEM now!
Yes, hard fork 19 was such a huge success that Steemit will definitely have a bright future with thousands of new users flocking to here. Steem price may consolidate in this area and soar, and that's great to power up, wise choice.
Nice one !! I think in the long term you are gonna do great. In a few days.. hard to know. But holding will guarantee you good gains, imho.
Good luck out there!
I hope you will make a great profit. In my opinion you should wait 30 or 40 days minimum with the HF19 I think it will go down a little for some time but much back up thereafter
That's probably good advice. The next month will tell us if this was a good move or not! If it does go lower, I will probably pick up some more!
@richardcrill I was looking at the daily chart and i think a good entry for a long would be around 68300 satoshis where i drew the horizontal line.
Thanks @recreator
Just curious, what other cryptos are you invested in? I had some bitshares but got out just before it popped from around 6 cents to 40 cents haha :). Now i'm just into steem and reddcoin. You think reddcoin has any future?
I've seen the name, but haven't had time to check it out.
Nice!... It is actually a wise move to buy steem and power up, now that our voting power grows linear with our SP, seems like a good deal... Before HF19 you had to power up like 50k steem or more to have a significant voting power, now you can do it with much less...
DCA... If it goes up you made a profit. If it goes down you buy more.
I'm looking to pick a bit up myself, just waiting for the right time, maybe this is it. Probably the best is ease in to it and buy a bit each week that way it reduces the variance. Will follow for more trading updates (not advice) :)
Same here going to grab some to hold onto.
Long term and short term this move looks great.
HF19 should incentive new users, which should hopefully drive price up.