Have We Should Panic now? Steem SBD Goes Down!

in #steemit7 years ago

Hello everyone!
So what do you think about this situation with SBD price?
Have we should panic now, or not?

I make some fun meme to this situation 😅

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design by @oleksandr

Someone recommended to wait and convert crypto back to cash!

"You should wait. Honestly, what I’d recommend right now is converting your crypto back to dollars or at least USDT to retain value, and then sit on it until the market improves. Don’t trade on the open market, don’t buy more. Just wait. "
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Another says this is a normal process.
"This does not concern me, as my horizon is for the next few years. Let the weak hands sell their Steem, a couple of weeks of low prices won't kill this project. I still see 'right now' as a great opportunity to build a stake up in the next social media giant"
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Next one says it really is worry about!
"I hate to say it, but Yes, I think you should be worried. I have read many articles on steemit arguing that the price fall is only temporary. I am sorry, I disagree."
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So what your opinion about this, and what recommendations you can give to do?

Best regards, @oleksandr

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It's too early for me to think about it ... I liked the platform. I concentrated on content and finding friends. I do not pay attention and I think that everything will be fine ... :-)

Will grow up together! 😉

Let hold on with firm grip.... That my personal take

Yeah, i have the same opinion.

Думаю ще все зміниться декілька раз.

Seems to be just a part of the big drop in all cryptos I doubt anyone knows exactly what to do now.

Я расцениваю steem как перспективу на год. Я уверен, что к концу года его цена будет больше 10 долларов. Я особо не сильно разбираюсь в торгах так как очень азартны. Но когда мне очень хочется продать, а это именно сей час, то в такой момент нужно делать противоположно.

Ідея з перспективою на рік мені подобається. Головне щоб руки не чесались виводити)

This post has received a 8.57 % upvote, thanks to: @oleksandr.

I have zero response on this, though I am neither unhappy nor glad. I want to up my power. So less steem price and more SBD is good for me. But now both are coming down simultaneously!!

it's a good opinion. I will up my power to.