DAILY (1D) STEEM PRICE ANALYSIS: @mindhunter Recommends NO TRADING During The Steem Price Volatility Spike (Current Price $0.91)steemCreated with Sketch.

in steem •  8 years ago 

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Thank you for the wise words
I think it could hit $1, then it will drop
I am hoping it will drop, so I can buy back in

This is EXTREME volatility right now @ghostwriter82 - save your pennies for another day. Great if your a seller but even then the market will be thin.

I don't look to be selling any Steem anytime soon.
I am just trying to come out of a writers block. Think of ideas on blogs to post

Here's a post title idea for you @ghostwriter82: What are the best tricks to keep yourself motivated on Steemit?

Sounds good :)

If you ever need inspiration drop me a line ... I've got too many ideas to post!!

I think what cryptos have shown numerous times, is that despite the impressive ups and downs, the best course of action has been to invest steadily with your time (and money if you're into that) into the ones that you personally think are worthwhile.

In the case of STEEM, on any given day, if you believe Steemit is worth reading or writing on, then STEEM is worth holding, regardless of current market price.

Agreed. But during extreme volatility the market is thinner and we must avoid the falling knifes when they come ... and they will come believe me!

It has now surpassed the $1 mark

So I see! STAY OUT!! Just observe the clouds for now. Don't try to touch them!!

What is interesting, Ripple, NEM & Stellar have all shot up also. I was hoping for a drop back. But they just keep going up.
It feels like this is the tread at the moment with some of the crypto

This is new money coming in. The second rising of Bitcoin. All ships rise with the rising tide!

I guess candles are likely to melt ;) I didn't think it would go this high today, but the publicity could be good for Steemit.

This is a cocaine high alright @steevc!!!

I'm floating somewhere around the ceiling right now. I don't mind if it drops a bit. It will rise again!

Who the hell knows?? This is all liquid STEEM trading on the exchanges!! BEWARE!! Its all gone nuts!

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Steem to $5!!