STEEM value is falling down, But still it's a happy moment for traders why?
Everybody is feeling down that steem is sliding back on the crypto market, now it's value is around 1.12$, it's the lowest price for steem compared last month price.
But no need to worry because trading is all about falling down and soaring up. When STEEM value is falling in the crypto market means it's a good chance for traders to invest some funds to buy STEEM.
Successful traders will have a bigger picture about the long term profits they never bother about short term losses. So have a long term goal towards STEEM trading. There are days that STEEM value is more than $4 USD. STEEM might fall down even more, but never get discouraged, keep on trading hold the funds, keep on buying when it's low.
For example you will buy any land or home only when the price is low and reasonable. And you will sell it when it's value increases if you want to make some profit. Likewise crypto market is also investing or buying crypto when it's down and selling it when it's value high.
Like someone said when the bad time passes away good time will come back. So hold the funds when the STEEM low and wait for the bigger price for the STEEM. When it's soaring up on the crypto market, then sell it, that's how you will get huge profits on the long term.
Interesting article. Long term for me and a great time to buy.
Yes, trading is all about looking at the bigger picture.
Nice advices thank you!
Thanks man appreciated.
it seems like one of the laggards recently.... but i have no clue, we'll just see
Check with coinmarket charts, There are some golden months for steem.
This post has received a 0.62 % upvote from @booster thanks to: @stefen.