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RE: AskSteemit: What are your thoughts about the recent uptrend in price?

in #asksteemit7 years ago

I have to say I’m enjoying this ride and being part of the $8+ level but it has shot up too quick. I’m worried the correction will be quicker. Of course I’m hoping it all to stay. And don’t forget sbd ..:. Hope we see the $16+ prices again soon!

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if it acts like bitcoin did, it should go up quite a bit and then correct, but the correction bottom kept going up so it will slowly ratchet itself to a pretty good level, then a big correction when the profit taking comes into play, but i think it will continually reach higher highs, it a waiting game , just imaging all of those people that sold bitcoin when it hit 1000.00 a coin, they got scared and dumped and cost themselves a lot of money.

Corrections are healthy. :)