RE: $Steem / BTC Technical Pattern Analysis. Why I'm LONG NOW with Targets

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$Steem / BTC Technical Pattern Analysis. Why I'm LONG NOW with Targets

in steem •  8 years ago 

hey gekko

its hard to use pattern analysis to get into a long term trade when there is only a couple of weeks of patterns to use as a guide for Steem. I really thought I was in a long term trade on ETH until 2 days ago when ETC started ETH on a path that might take it to zero (see my post from 2 days ago), so I just follow what the patterns say are the best probabilities. That said, I love Steem's concept and could easily see getting into a long term trade as more history develops. Question for you though--isn't there some concern about holding Steem long term as there's a 100% inflation rate? Isn't the better long term play Steem Power? I'm new and don't really understand it all but that's what I've heard--any clarification here would be greatly appreciated!

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