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RE: The Price of Steem Will Always Go Down... It's Supposed To : The Magic of Steem Power

in #steem8 years ago

wish i knew more about this a few weeks ago lost about 3.5btc before i pulled the pin I'm sure ill be able to get it back trading on kraken i have lost and gained that amount a few times in this game i should have listened to my own rules of (1)don't trade on emotional value (2) only buy low sell high (3)take small daily gains

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Well, I don't think any of the information in this post would have saved you. a couple weeks is not a long enough time to really see the effects of the inflation on Steem. SP holders have lost nearly just as much over this time frame. Steem can easily continue to see rapid price appreciation especially this early in the game.

yeah just sucks watching money evaporate