08 Jul, 2017 - Black Friday (Time to buy more STEEM?)

in cryptocurrency •  7 years ago 

 

It was black Friday for the cryptocurrency market, most of the top 10 by market caps have plunged double digit. Bitcoin dipped less than others at 3.9% when Ethereum is now trading at $238.06 down 11% from yesterday and make it total 17.39% loss for this week. Ripple, Litecoin and Ethereum Classic lost the value by 10%,11% and 13% respectively. Dash erases it whole week gain and remain only 5%. Monero is trading at $43.09 lost its gain and down .78% for the week. STEEM is now at $1.4 down significantly 25%. (Time to buy more STEEM?) 

 The total market cap nearly broke 100 Billion marks but there is a lot of pressure at the present. Now it declined to 96 Billion after an effort to break 100 billion. 

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Followed and Up Voted. When Cryptos PULLBACK in Price that is a Time to Select your buy Points not capitulate in FEAR.

Well in speculation term it is important to consider the momentum but if buying for a long-term investment I think it is good to buy a any desirable price.

Following you now. I bought ETH and LTC when they were at the bottom today and feel good. I'm thinking about picking up a little steam, but not convinced yet. When I do not buy it usually goes up so maybe that means it's a good buy.

It is a good buy when you are holding and feel good.