In a recent article, I predicted that if Steem hit the $5 mark (and it did), that it wouldn't drop much below that ever again. The past weak or so has begun to prove that prediction. Barring an unprecedented crash in the Crypto Market, this prediction stands:
We almost hit $9-10, but not quite. That said, we have gone as low as around $5.25, but we never touched $5 since it hit it (other than maybe for the hour after it initially hit it). I had previously said to accumulate around $2.50-2.75, but that was before we hit $5. The new buy zone is anything between $5 and $6.50 for a little bit. I will be accumulating as close to $5 as I can, because we aren't going to be dropping much below that ever again, as I've said before. Keep on Steeming, Convert to Steem Power so you don't get scared and dump (https://steemit.com/crypto/@biddle/uncommitted-steem-weakens-hands-buy-steem-power), and accumulate as much as you can! Steem will be $100 one day and I've already predicted $20 this year AT LEAST.
If you're active on here, you'll likely more than double your Steem year over year, so get active and invest as much as you can (but never more than you are prepared to lose, the number 1 investing rule)! Best of luck to all and please make use of GainingSteem.Com's Tips And Tricks Section, as well as consider investing in our ICO for Booleancoin, The ERC20-Compliant Token that is powering Boolean, A News Accuracy Platform that provides real-time data regarding news accuracy WHILE users consume content. The Transparency and Permanency of the Ethereum Blockchain ensure that we can remain neutral arbiters between News and Consumer! Join the movement now at https://www.gainingsteem.com or https://www.booleancoin.com! :)
AS ALWAYS, WISHES OF WEALTH AND HEALTH FOR ALL! :)