It looks like the prices are down across the crypto board.
This is a terrible thing if you've got a lot of money invested.
Pixabay
Sometimes you to hear people say something like....
Well I hope it really does hit the floor because that way we can always buy a lot more.
Or maybe something like....
Hey this is great because it means everything's on sale, and after all we will probably hit another all-time high in the next few months anyway.
As somebody that has a fair amount of stake in Steem, the price of Steem affects me.
I will admit that I've been a bit grumpy lately. I haven't been writing as many fiction based articles because they are a lot of work, and really nobody's reading them anyway.
There a lot of things that have been upsetting me about the crypto sphere in general. However, I'm not one of those people that doesn't notice a good opportunity when it comes by.
A few days ago I mentioned that I thought the bottom for Steem would be $0.21. I'm not even sure if $0.21 will be the bottom anymore, because I think it could go a little bit lower than that.
In the comments of that post someone mentioned that if it did go down the $0.20 they would take out a loan to buy a bunch of it.
In another post by he thought that the bottom could be $0.15, or even as low as $0.04.
Who knows how the crypto world is going to go now. Maybe next year we really will see another all-time high on Bitcoin, Ethereum, EOS, and our coin Steem.
The current price is $0.26.
So when do you plan on buying back in?
Now?
$0.20?
$0.15?
$0.04?
I was just mentioning to a friend today how many exciting things are happening in the world of Steem.
I don't think it's going to take long for everyone take notice of these things and for the price to start rising again. We might be at the bottom right now.
I'm thinking that a good number is $0.20.
What's your take on it?