The cycle seems to have turned back upward, though we may still be near bottom. The pattern then is that when BTC goes on a run, it sucks money out from the rest of this sector, separating BTC from alts. Alts should start going up again when outside money comes into crypto. Beyond that, it's whatever the crypto mafia decides should rise or fall in the short term, so buy the currencies that have enormous use cases, since others are worthless. Longer term (one year, perhaps) we should expect better infrastructure in this sector and a lot more institutional money coming in.
I agree; STEEM is a huge buy and much undervalued. Development seems to take forever, but if the market truly priced in what is coming, we should be sitting on a minimum of $10 right now. The advantage of having no marketing is that STEEM remains affordable for those of us who believe there's nothing else in crypto that will touch the modular monetization that STEEM will soon be able to offer via SMTs and other tools. Meanwhile, others still need to struggle with the governance and scalability holes they have dug for themselves; there's no free lunch.
Ahh, yes I agree, steem is way too undervalued , and that might be taking some people away from it.
I currently trying to hold a minimum of 500 steem, once im done dealing with these my issues, im hoping to prop it up back to 1000 where it was before.
Crypto general is a new wave that I know will change the world , steem playing its own part.
Thanks for the encouragement sir Tom
Just finally had time and good network to respond 🤦🏿♂️