What's Up STACKERS!
Last night I was doing some research and looked at the one year Steem price chart on Binance and it didn't look good. 📊
Most altcoins are currently down around 80% - 95% from their all time highs since January 2017 and Steem was also a victim to the sell off that we see today.
I joined Steemit at the end of May in 2017, I was buying Steem at around $1.20 and thought it was a great deal which it was since it did moon up to around $8 at its peak.
Many dolphins and a few whales may have of known that I was selling most of my Steem earlier this year. Some thought I was probably powering down and leaving Steem but that was not the case.
I'm an investor and know how the markets work (somewhat haha). When things go parabolic, there is always a crash regardless of what it is.
You can see it over time and time again with any invesment such as precious metals, stock markets, real estate etc... etc... Things go nuts for a while and then it crashes down to reality.
The same thing happen to the Crypto Markets this year...
Did we hit a bottom yet? Can we have another 50% correction from here? Maybe? No one really knows for sure... it's really a game.
Here is my strategy for Investing in Steem in 2018 and beyond... I've sold tons of crypto and steem back in early 2018 when it was high but I believe it's the time to get back in.
I'm not saying go all in and that we're all heading to the moon soon but people should start accumulating small positions every week on their favorite coins and projects. 🚀 🌝
So last night I bought $500 worth of Steem from Binance.
My strategy for Steem is to start buying around $250 worth of Steem every week regardless of what the price is. It's an easy concept called dollar cost averaging. No Emotions Involved!
It's not that much but I do have a game plan... $250 may seem small peanuts to most but in course of 10 months, it's over $10,000.
Why am I doing (DAC) with Steem? Because people tend to get emotional when investing. They follow the heard like sheep. They buy green and sell red losing it all. I call them "Average" people. 😉
We may see Steem go down from here. Heck, it can even go back to .10 (better not haha) but anything is possible in crypto... it really solely depends what Bitcoin does.
Remember guys, never take financial advice from anyone... including myself. I love to document and show what I'm currently doing with my followers and any decision you make in life, you be a man (or woman) and take full responsibility. 🤣
You know what, after all this rambling I did... I might just go buy thousands of Steem right now. I'm about to take all my own advice and flush it down the toilet.
FOMO BABY.. LAMBO DREAAAMS!!! HAHAHA
In other words, don't be the sheep... become the wolf.
Keep on STACKIN! 💞 Charles FuchsP.S. For those who's interested in following my "Content" and "Daily" Posts... you can just follow me 
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