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RE: Let's talk about the price

in #steem5 years ago

From my limited experience on steem, when prices go up people say it is unfair because people were able to buy when it was low. When they fall, they don't buy because it might not recover.

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Yes, somehow people are buying more when everybody is buying which is when prices are going up which is nothing more than FOMO.

Posted using Partiko Android

Yep, people buy on FOMO, buy the hype and then wonder why prices crash when traders dump on them and take profits. There is nothing beneath the hype, just little bubbles. In my opinion, Steem is building the infrastructure that will support a nice consistent push upward. There will still be bubbles but each crash will have a higher low point.

I'd love to see this in the next 5 years!

Posted using Partiko Android

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