It all depends on when the Big Boys step in to buy. There are a bunch of buy orders sitting right below $6000. The $6k level was the origin in late 2017 that moved price to $19,900. When price came back to the $6k level in Feb, price when up to $12k. I anticipate when price returns, it will penetrate the deeper in what I'm calling the daily demand zone in search of those buy orders just sitting there. Can it go down to $2400, it possible, its also possible that price goes back to $20k and eventually $100k as well.
Anything is possible, you are absolutely right there.
Bitcoin has so many flaws which the 20k price exposed.
Maybe people will finally see the true power and value of steem. Maybe not?
Roll the dice and see how they fall.
It's one hell of a crapshoot.
Interesting times. tip!
I like the platform, so I'm will pick up so more steem if it gets to $1. In generally the Crypto space is just like the Internet in 1999...meaning we are in the early stages, there will be many losers and also winners...it's a matter of picking which ones will be winners longer term.
True, it's still early days. I've been collecting steem since I joined the platform. The cheaper it is the better as we can collect more. :)
Steem has so many use cases. It's a no brainer to hodl.
Never sell in a bear market. If you can afford it of course?
You also have to know where to get out as well...meaning when you get into a trade and know where you are going to get out if you are wrong....cut your loses short, let your winners ride. This post sums up what I'm trying to say in detail.
It all depends on when the Big Boys step in to buy. There are a bunch of buy orders sitting right below $6000. The $6k level was the origin in late 2017 that moved price to $19,900. When price came back to the $6k level in Feb, price when up to $12k. I anticipate when price returns, it will penetrate the deeper in what I'm calling the daily demand zone in search of those buy orders just sitting there. Can it go down to $2400, it possible, its also possible that price goes back to $20k and eventually $100k as well.
Anything is possible, you are absolutely right there.
Bitcoin has so many flaws which the 20k price exposed.
Maybe people will finally see the true power and value of steem. Maybe not?
Roll the dice and see how they fall.
It's one hell of a crapshoot.
Interesting times. tip!
I like the platform, so I'm will pick up so more steem if it gets to $1. In generally the Crypto space is just like the Internet in 1999...meaning we are in the early stages, there will be many losers and also winners...it's a matter of picking which ones will be winners longer term.
True, it's still early days. I've been collecting steem since I joined the platform. The cheaper it is the better as we can collect more. :)
Steem has so many use cases. It's a no brainer to hodl.
Never sell in a bear market. If you can afford it of course?
You also have to know where to get out as well...meaning when you get into a trade and know where you are going to get out if you are wrong....cut your loses short, let your winners ride. This post sums up what I'm trying to say in detail.
https://steemit.com/investing/@rollandthomas/the-stop-loss-order-the-ninth-wonder-of-the-world
Hi @rollandthomas! You have received 0.1 SBD tip from @molometer!
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