The Feeling of Looking Down On Steem Prices

in steemit •  7 years ago 

The Feeling of Looking Down On Steem Prices Since January

You can see there were so high only a few months ago now there seem to be hitting the ground

As you can see there were up so high in January at $7.31 only a few weeks ago now just above $2

Whats the reason ?

The perfect storm the money has come out of Crypto like crazy and this has had a big impact on the Steem prices. I firmly believe this is a short term trend and the money will come back the prices will rise up again. When the user base increases again and the money flows back in.

Its not easy looking at them but they will return Steem is very early in its process just over 2 years old and a platform that growing.

Let Me know your thoughts and follow and comment Thanks

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I think one of Warren Buffet's quotes will be useful here;

"Be greedy when people are fearful and be fearful when people are greedy."

KEEP LOADING UP YOUR BAGS with spare money.

I think its not time to earn but its time to investment in crypto specially steem

HODL and be prepared for the upswing when blockchain use cases get more frequently mentioned in the media, crypto tokens get generated at greater speeds and lower costs & new innovations come on stream like SMTs, EOS, etc. Look out for the FOMO surge!

well information sir,,, i follow your all post....
love it,,,,
thanks for share....

Beautifull information

good job keep it up thanks for shareing

Nice post again

you are right boss... sbd price is very down......

hello greetings friend @newmarket65. This is how you are right, it is incredible how steem prices have come down from January to here and this has hurt many people with their money. But I am sure that this is temporary and that at any moment it will rise and it will be higher again where many of us want, because this is a platform that keeps growing daily and is not left behind, but it will continue to grow in all aspects. Good post friend

thanks friend @newmarket65. You know yesterday I made a publication about school bullying that I would like you to observe and give me your point of view and what do you think about the post. Thank you

It is a mixed feeling... it is a bit sickening, but as you wrote in your post about Google, it might be good for Steemit.

Nice post .thanku for the information..

good post..many inforformation this post..thanks for sharing dears..
go ahead

  ·  7 years ago (edited)

how do you think about the declining price of crypto?
I have vote

Really great post i like it thanks for sharing...keep up it

I feel like looking down from Burj Khalifa , anyways buying the dip is the only satisfaction I got :)

Yes you said right when more people will enter into Steemit Platform then more money will flow, but in my opinion the major issue is with Bitcoin, means the Dominance of Bitcoin on the Cryptocurrency market, when price of Bitcoin move towards downtrend then it pulls back the prices of Altcoins. In my opinion the dominance of Bitcoin should be decreased. Thanks for sharing and wishing you an great day. Stay blessed. 🙂

  ·  7 years ago (edited)

good enlightenment friends, add knowledge for@jhoni, fore hope the storm quickly passed and re-recover @newmarket65