I have a question regarding the best times to buy steem. Should I wait until there is a dip in the market before I invest or is now as good a time as any to buy? Your input and knowledge would be greatly appreciated thank you.
I have a question regarding the best times to buy steem. Should I wait until there is a dip in the market before I invest or is now as good a time as any to buy? Your input and knowledge would be greatly appreciated thank you.
Is hard to predict, my suggestion is to buy some now and convert them to steem power and save some money to buy the dip this way is 50/50 if goes up u are earning because you bought, if goes down you can buy cheaper. win win situation ;)
Welcome to Steemit.
It really depends on your view of the platform and the crypto market at large. Most of these investments are speculative and there are definitely pretty big swings.
If you believe Steemit is only going to continue growing contributors and readers, then you may see the price as a steal today.
Otherwise, if you want to try and guess the short-term waves, you may think buying in could wait for a dip.
Either way, be careful and don't put any money in that you aren't willing to lose.