The price of Steem can go anywhere over the next few weeks - much higher, or much lower. So let's be prepared for anything @jongolson!
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The price of Steem can go anywhere over the next few weeks - much higher, or much lower. So let's be prepared for anything @jongolson!
the cheaper it goes the more i end up buying lolol
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As long as we are prepared to continue to average down, and have the resources to do it, without straining our finances, I think that's a good idea @jongolson.
I had planned to buy $125 USD of Steem every month for 6 to 12 months, and I did it for 4 months, but eventually found another opportunity to make 5 to 10 times my money in a non-crypto investment. So I am holding off on Steem for a while to invest in a Nasdaq stock. It's less risky than crypto and I believe the immediate Risk vs. Reward is much better.
If there is another cryptocurrency crash, and Bitcoin goes to $1,000 USD or something like that, I may be able to increase my stake in Steem significantly at the new lows.
If something happens, and a Steem bull market starts earlier than I expect, I am content with my family's stake in Steem (1,280 Steem).
Thank you for all that you do @jongolson. I enjoy your posts and like our discussions. I personally like to discuss investment strategies and I will try to increase my stake in Steem in the best way I can.