"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." - Warren Buffett
What's up Steemians? First off, I am no financial advisor (Thank God) and this is just advice on what I think may happen in the next several weeks. 📆
The current price of Steem is around .87 cents on coinmarketcap.com and as you may know the last several weeks, lots of ALT coins lost value. 📉
Many Investors were selling ALT coins and buying Bitcoin preparing for the Hard Fork that starts next week. As you can tell, Bitcoin made a huge parabolic run to $7500. 💰
I think Bitcoin can still go to $8k this week (Maybe). 😳
In my opinion, I believe there will be a 30%-40% correction in Bitcoin as many will dump it and go back into ALT coins because many will think they can get more "Gainzzz" by doing this.
When this does happen, I can see more investors going back to the Top 50 ALT coins that did not have a rally yet and guess what?... STEEM will be one of them. 📊
With the new Steemit Site and all the good info about SMT tokens being introduced, there will be way more interested Investors wanting to invest in Steem.
I can easily see Steem make a run to $1.60 or even higher by the end of December or even faster... doubling every steem or steem power that you own. 😎
So in other words, tons of money can be made and your Steem Power will Double if you start Stackin (buying) that awesome Steem Power now. 🤑
Remember guys, this is just my opinion and I believe this will happen. What do you guys think? I'm I just dreaming and hoping that this will happen? 🤔
Keep on Stackin and Steem on! 💞
