The Blood Bath
As everyone is well aware of by now, the price of Bitcoin (BTC) keeps dropping as a result of several different factors ranging from news from China, S. Korea, price corrections and bubble fears. According to [Coindesk](Bitcoin looks like it might soon test near-$8,000 levels, as December's record-breaking rally continues to unravel.):
Bitcoin looks like it might soon test near-$8,000 levels, as December's record-breaking rally continues to unravel.
As of writing this, the price is currently at $9700, so we're not too far away and we may even start touching the $8k range today.
Missed Opportunity
STEEM has always been relatively cheap. From the time I got in, it had always been around $1.00 and I got used to that and thought it would always hover around that price point. So I got relaxed and only bought around $1,500 USD worth of it and planned on building it up slowly via my posts. As with everything in life, in hindsight, I should have got more when it was cheap ($1.00). As I saw it grow to $7 I was excited and sad that I had not bought more.
My Plan / New Opportunity
It's simple. Take advantage of this price drop in BTC, which is pulling down everyone else, to buy more STEEM and #PowerUp!!! I don't really think STEEM will drop back to the $1.00 range...probably it will hit between $2.00 - $2.50. So my monitor and begin dropping in about $200 as it hits $2.50 and again if it hits $2.00 and so on.
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