What is the answer to that question? The answer is definitely not 25 cents, it could be more than that and in my opinion we could head to near our all time high if not near. So that is why I keep on collecting and stacking up on steem as well as other tokens of steem-engine smart contracts.
Again, my reason is that all alts just follows Bitcoin price movement like just what happened in 2017 where people who are profiting from BTC bets on other alts and that just pumped most alts one after the other.
- Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.
- When Investors are getting too greedy, that means the market is due for a correction.
Now that the halving of BTC draws near, its price will soon go in a positive valuation. People that will profit from that event will but alts and so the alts season will begin. That is why it is great to stock up on steem today while it is cheap because it will not going not be cheap forever as these cryptocurrencies are just cycling up and down and the question is that when they will go up or down with their prices.
No cryptocurrency in my opinion will be down or up forever, there will come a time especially with steem that it will rise up because it is a platform kind of a token which has a very wide use case from social blogging to gaming or gambling. Surely it will not go away anytime soon but will flourish because of the said reasons.
So in my opinion it is a time to buy steem in particular because they (the developers are fixing the system and improving it and hopefully it will work although it might cost some difficulties for most users due to the EIP proposal which tend to cut some rewards from content creators but will heighten the curation rewards at the same time.
The HF21 could also make the content creators to produce more quality work so that they could get more competitive from curators.
The developments are aimed for the investors to invest on steem and hopefully curate as they would be worthwhile for them to do so which is also a win for content creators. But it remains to be seen and experienced.
Source
-Warren Buffet
VEry good post... I was like to read it :) And yes ... this can be last low times when steem is 0.25 $ ... I have also thought this lot times. and this platform is growing stronger and bigger each month. And it is not logical to think that the value of this platform will not increase.
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Great advice bro madaming salamat
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The best thing to do now that the price of steem is down is to try and buy more, because this is the right time to accumulated more valuable tokens and crypto coins @cryptopie
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Ideally I think Steem price should be a minimum of 20$ if BTC goes up to 100000 :-)
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