If you have been keeping an eye on the price of Steem ( and you likely have been ) the price is on a free fall. The $1.50 wall has broke and we are currently sitting at $1.39 with no indication of the value increasing anytime soon.
Did You Pay A Premium Price For Steem ?
If you did just remember you only lose if you sell. One Steem is always equal to one Steem. Lets turn this downswing in price into a positive thing.
( How can a drop in price be a positive thing ? )
Well for those who purched Steem at a premium price you can use this opportunity to purchase some at a low price and decrease the over-all average price per Steem you paid.
For those of us that are new to the site it gives us a chance to invest some of our hard earned money into Steemit at a bargain price. The only question is when do we take that leap and invest ? The price of Steem is already at a discount price imo but I see it dropping some more before it recovers. So pick your spot and ride the downswing wave. Who knows what Steem will be worth in a year or two. The potential is there and the sky is the limit for this currency.
Give your opinions on the price drop and Steemit as a platform below in the comment section.
