📉STEEM Investor Report 27 May 2017 (Crashes are Opportunities)

Trading Recommendation:

Buy into this crash, fundamentals look strong, panic has created a great opportunity to profit

Investment Recommendation:

BUY, fundamentals are strong, this crash is a good entry point

Analyst Commentary:

The STEEM price crashed 38.73% verse the USD over the past 24 hours on below average volume ($4,244,870) as the entire crypto market crashed out because profit taking triggered a race to get out. If you had good stop loses, you are in a great position to buy back in at a lower level at this point. Finding the absolute bottom of crashes is tricky so I advise buying into this over the course of the next 48 hours. The STEEM fundamentals have actually strengthened slightly over the past 24 hours showing that this is a flash panic. The % vested indicator rose 0.06% which shows investment into the correction. Active accounts topped 16,000 again showing that people are not running away from the platform. Pending power downs have actually dropped over the last 24 hours showing that the Whales are hanging on. We are looking good on all fronts so hang in there! For traders, buy into this crash but maintain a stop loss at all times, move your stop loss up as the price rises to protect yourself. On the investor side, I believe we oscillate as we find the bottom then start a strong rally, buy in and power up!

Payout Recommendation

Due to the SBD premium, I recommend taking your rewards in 50% SBD and using it to buy STEEM in the internal exchange.

Data Credit:

Steemchart.com
Coinmarketcap.com
Steemdb.com

Disclosure:

The report published above is based on my assessment of the cryptocurrency market. Investors should consider this report as only a single factor in making their investment decision. All investments involve market risk, including possible loss of principal invested. The author is a cryptocurrency investor and while he seeks to provide honest assessments to the best of his ability may have a conflict of interest that could affect the objectivity of this report.