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RE: Steem vs USD. We are on our way to .85/USD! This could be the chance everyone has been waiting on to get some significant SP.

in #cryptocurrency7 years ago

Preaching to the choir. Question though -- what do you think of averaging in, accumulating little by little as the price goes down, instead of waiting for three days rise?

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Yes, that is why I mentioned in my summary

Measured accumulations should be considered at around .85.

And there is of course a chance that it will find support above this line (I'm not optimistic) and start a nice reversal. I love averaging in but really don't believe in trying to catch a falling knife.

If you believe in the long term for Steem, then you will not regret averaging.

Ah, measured accumulations, right. I don't know why I thought that meant something different.

Sometimes the "speak" is purposely ambiguous other times its just old habit.

Not sure which one I'm most guilty of.