Steemit It Looks Like The Bull Is On The Move, Could Today Be The Start Of A Run Up On Steem

in cryptodon •  8 years ago 

Steem is up to $2.63, that's an 18.04% gain in the last 24 hours. Maybe today is the bull day.

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everything can be ... or not)

Could you please explain if the value of Steem is going up why is my wallet value going down, even with payouts. I only had $45 in my wallet because i'm a noob, but its droped to $32 even with payouts. Any insights would be helpful thanx and Blessed BE

Estimated Account Value
The estimated value is based on a 7 day average value of Steem in US Dollars.
If Steem is low over a 7 day period that will reflect here.

Exactly. And, as I said in the other post you asked the same question, the same happened to everyone. In the recent days, the price has dropped consistently. It may be at a turning point today. My desire is that it turns up to go higher. No one knows the future, but the volume is high, so, technically speaking, it may be a turning point. We can say that with a greater confidence when the volume is high. That's the case here. Is it for sure? No, I'm only talking about probabilities, about what has happened in the past with other assets most of the time.

I would suggest caution though. Don't buy into the rise. Wait for a little dip at the very least. The continued march of ETC has potential to pull the price of everything else down in the short term and also with STEEM that 0.19% inflation will gradually start to add up with more tokens on the market. Personally I'm going to wait a while before buying any more.

  ·  8 years ago Reveal Comment