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RE: I Just Purchased Another 500 STEEM; 1,030 STEEM Worth $1,100 In Ten Days

in #steemit6 years ago

Well that comment certainly made me feel a bit better about throwing 1k into a bear market, haha.

I definitely will be buying more if we fall below 90 cents and into the 70 cents range, I think an opportunity like that is too good to pass. But I feel fairly confident long-term, and even short-term. I expect I'll lose a lot of the value from it as we slowly approach this long-term support level; but yeah, long-term, I'd be happy with even $3 STEEM.

I was reading up about HF20 and it seems to have quite a few neat changes, but I think I'll need to experience it to have larger confidence in the future of Steemit overall. Although, my main concerns with the site are related to the discovering of content, general UI issues.

I've contemplated just buying STEEM for a long time, and I must admit that now I have started to, I feel a bit more optimistic about my place on the site -- I guess the few extra cents of voting weight make me feel better knowing good content is slowly getting the reward it deserves.

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Well that comment certainly made me feel a bit better about throwing 1k into a bear market, haha.

Bear market is the only market that money should be thrown upon, or just the end of it ;)

Regarding UI issues, I believe the HF20 will enable easier data pulling from the blockchain which should enable the development of better UIs also.

I've contemplated just buying STEEM for a long time, and I must admit that now I have started to, I feel a bit more optimistic about my place on the site -- I guess the few extra cents of voting weight make me feel better knowing good content is slowly getting the reward it deserves.

Putting one's own money into this place certainly makes one more committed and motivated for its success too, and in the future it'll be a strong track record from the times when instead of buying, people were selling out of losing hope – or rather just letting emotions to take over their decisions. Let the weak hands sell so that serious ones will get the Steem even cheaper!

Few cents will add up over long-term :)