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RE: STEEM and SBD are coming down... Hint: its a good thing for us newbies

in #steemit7 years ago

I understand how that feels, been in the financial business now 33 years.. lol... The averaging down is always a challenge because you never know when the selling runs out. I always fade in real life and when it goes lower I try to take the urge to jump all in at once and channel it into getting some more $ to get my dry powder bin higher. I'm currently doing that with silver. I'd love to be all in on it, but I am aware they can take it anywhere they want (in the short run) ..... And on here, since I'm still learning it, my investment has only been my time, so that is something that recharges every 24 hours and my dry powder is back ;)

I haven't gotten as far as you have on opening the accounts... I did send in application for poloniex and coinbase but had no luck getting past the guards at the gate. Hopefully we get a larger more experienced person to give you some answers. And if they aren't on this thread, come back and tell me :)

I will get some $ put in because I do think this has a chance. The market cap scared me at first, but the more I get involved the more I realize its potential... I actually hope the bubble pops on bitcoin soon which should clean out the "hot money" and give us a good base with which to enter.

Always good to hear from you my friend. Love your sense of humor, its right up my alley!