RE: PRICE WILL CONTINUE DOWNWARD UNLESS WE MAKE A SIMPLE CHANGE

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PRICE WILL CONTINUE DOWNWARD UNLESS WE MAKE A SIMPLE CHANGE

in saving •  8 years ago 

There is allot of truth to what everyone is saying. We cannot justify buying anymore Steem until the price shows some stability. At this point we are staged for .01 value, and at that price we consider the investment very high risk. We don't mind investing for two years as long as we can see progress, and price growth. The daily steps downward do not provide confidence, and we can ask our supporters to take more risk. So stabilize the price so people who invest longer term can consider. We have a great opportunity here that no other social media platform is doing. We just need to look like we are heading in the right direction. @johngentry

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Great points and I agree. No one is willing to put any money to work here or even power up when the price is falling by 10% per day... why would they?!