Good News to start with Steem did not lose much of a value in this dip its actually still up and growing faster thanks for steemians so huge shoutout to steemit look at this image it tells the story
The market took a drop last night and today. This is probably profit taking. Even we said yesterday that it may be potentially wise to take some profits. If we go more bearish, you can take that profit and just re-buy back in!
Image is taken from www.themerkle.com
This is likely a dip along the way, but no one knows for certain. The market would have to go below about $300-billion to be going back to being bearish. There has been some good news. There is a lot of good news coming out including that today the NASDAQ would consider being an exchange for cryptocurrencies. You can read about it here.
Fear of missing out (FOMO) seems to be making a comeback, so market sentiment is going back up again. Also, keep in mind, we are still quite a ways down from the all time highs, so pricing is still fairly good for entering the market.
