RE: Why are Digital Currency Prices Dropping? Time to Buy Steem!

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Why are Digital Currency Prices Dropping? Time to Buy Steem!

in cryptocurrency •  7 years ago  (edited)

@gerrybanfield I am going in, in a big way but waiting until $0.50 because that is where I think it is heading. If Bitcoin falls so does Steem and I think Bitcoin is going to continue until $1,200 check out my post for logic. I am a seasoned investor in the equity markets, it's all about trending and I don't want to be the one who caught the falling knife.

https://steemit.com/bitcoin/@arthur-schopen/29-my-prediction-bitcoin-to-bottom-out-at-usd1-200-60-drop-from-peak-on-and-in-around-20-august-2017-other-crypto-s-will-lag-btc#@arthur-schopen/re-honey-pot-re-arthur-schopen-29-my-prediction-bitcoin-to-bottom-out-at-usd1-200-60-drop-from-peak-on-and-in-around-20-august-2017-other-crypto-s-will-lag-btc-20170716t122439260z

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@arthur-schopen
read your article...quite informative and you did well too
so as yo aid...it will bounce back...does it mean if all goes well...from August 2nd things may either start turning out well and or badly...and steem power will bounce back with blog post earnings if all tur s out well?

@kenhudoy the potential for a hard fork is not over after the 1 August 2017 it is the first opportunity of a hard fork happening. Even if it does not happen, the risk remains. Once the people who are supporting the prices at the moment realise this the price will continue to fall. It will then be found that the hard fork is just a growing pain for Bitcoin and things will bounce from there on.

lets just keep hoping for the best...i just pray steem blog posts bounces back the way it was some weeks back...motivating steemians to work harder...at the moment, the momentum is very low...
thanks for sharing

The momentum is really low... how do you know?

i steem daily...almost all my time online s readin poss...few weeks back....posts on hot and trending comes with high value and having joined june...it inspired me to write and blog so as in near future i join the big earners...most of my good blogrs are dropping from posting regularly and as such, the inspiration and morale is low...i hope it bounces back soon... imagine taking hours to construct a good post and you struggle to earn a little above $1.00. you can check in on my blog posts...but am not perturbed...i beleive in steemit and will continue!

thanks once more

"imagine taking hours to construct a good post and you struggle to earn a little above $1.00" isnt this the case for the majority of users on Steemit?

Nice replies, by the way, follow me. You have a new follower

thanks and doing also
steemit must bounce back and we will testify!

That seems like a reasonable strategy because the more I buy at higher levels the less I get at lower levels! I am buying at each different level it crosses just in case it does go back up first and am saving the reserves in case it goes below $0.50!

Well, Jerry as always I wish you and all the other Steemians the best in our efforts. I am here for the long term and loving the content and it's creators, your content is superb. Please do follow me and I promise the quality is going to get much higher. If you don't mind could you read this little Bitcoin poem and let me know what you think :)

https://steemit.com/bitcoin/@arthur-schopen/30-bitcoin-i-penned-a-poem-for-you-it-s-my-first-poem-ever-so-be-gentle-haha

@jerrybanfield Nice post. Do comment on the following where I have tagged you to understand your investment pattern in cryptocurrency. It will help a lot. Thanks
https://steemit.com/cryptocurrency/@saurabhn/july-2017-cryptocurrency-portfolio

I'm holding and waiting as well. $1000-1200 BTC is my guess of a solid bottom.