STEEM once again dropped bellow 1 USD and it's about to do it again.
It's only $1.026 right now.
And you don't have to be a data analyst to see where this is heading.
Am I the only one scared?
It's only $1.026 right now.
And you don't have to be a data analyst to see where this is heading.
Am I the only one scared?
I see this heading towards a buying opportunity, but I guess price drops always look rosier to people who haven't bought in yet.
Going low means people will buy-in. No one is dumb enough to invest on a high. Whales cashing out is a pretty good thing as what that proves is that viable profit was made on Steemit and even with the slow exit options the opportunity to withdraw and reinvest is there.
hmm if it goes bellow 10 cents I'll buy a million
Also depends on where it was sold. If a whale sold off in the crosshairs then he may do a buyin sooner than anticipated since profit was already made. A slow buyin potentially but a buyin.
i agree and wrote a blog about it days ago -- the community is asleep and the whales are not supporting the SBD by buying through the slump -so many cashing out that is will hit 30c soon -- am now following you in support
I can't say you are the only one, but I am not scared. The whole market is going for a ride down.
If you enjoy the rollercoaster up, you have to expect the downs as well.