Aside from the shit posters who clutter Steemit with their embarrassing bot quotes and/or outright stupidity that make them look like idiots, who else is in trouble?
STEEM started the same time period at ~$1 and BitShares at ~5¢. I’ll let you check today’s price, do the math and report back with your idiot bot, or clueless brain, on just what that means, and with your conclusion about just who’s in trouble.
Edit: Just to be sure there's no confusion, I'm talking long term here, and in no way am I suggesting either directly or indirectly that selling might be recommended at this stage - one must wait for a bounce before selling the dogs, I would think anyway, but the opportunity cost of waiting on the dogs to bounce could be significant. In any event, everyone must make their own decisions, hopefully with previous deliberation and preparation, following solid money management and risk management balanced portfolio best practices buying low and selling high, but sometimes we all find ourselves a little off guard and we need to decide when to cut losses too. Personally, I'd be waiting for a bounce to sell into, but I wouldn't be expecting too much short term out of those who are in trouble long term, and I might even be preparing myself to stomach even lower lows first.
Please leave your comments, input, questions, etc., below!
