RE: Trading steem on bittrex.com, buying the dips and covering the market

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Trading steem on bittrex.com, buying the dips and covering the market

in bittrex •  8 years ago 

I don't know about your theory about the $85,000 sold off. You bought some of my Steem most likely. I have your optimism as well, just not as much money to invest. I'm looking to buy back in too, I just think it has a ways down to go first. I feel that this sell off is a lot of earnings from users trying to cash out, but time will tell. Either way I feel strongly it will turn around, just not sure where I'll be buying back in yet.

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not being sure how low it will go is why I buy all the way down, as it could just take off and sky rocket up very fast, the drop is very slow, so it could go very low, I am mentally prepared to buy at 50 cents if need be, all the money I am buying with I earned from selling steem I bought for 25 cents to $1

about 1 hour after I posted this blog post

Yep, that advice about slowly buying all the way down was haunting me as I panicked to jump back on as it rocketed past where I sold, lol.