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RE: What if steem price goes more down what will you do ?

in #steem6 years ago

I'll be here. Some will drop off, the committed will stay and stick together. In terms of buying or selling, first off, this isn't financial advice, but buy in at the price you feel its worth to invest and invest what you can afford to lose. An amount that won't keep you up at night or sulk over. Steem is roughly $0.25 now, so 100 Steem will be $25. To me, that's two hours of work/teaching, thus an 8 hour working day means it's a quarter (1/4) of my earnings going to investments. I am comfortable with that, but that could be high for someone else. I believe the rule of thumb is 10% of what you earn should/could go into investing. Yet, it's different for different people. It's all about perspective.

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Well said and i believe that you are going to some more steem so that in future when the price rises you can start enjoying you money.

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