Hello All Dear Steemit Friends,
So as we all know that the whole cryptocurrency market is finally crashed badly and the biggest bear period is currently running and each and every cryptocurrency is Bleeding badly everyday,
But this period is also gives us an opportunity to buy some Cryptocurrencies that we always wanted to buy but couldn't bought them because of their high prices and the good example of this for us steemians is "Steem" because when steem was around $8 in January, most of the steemians wish that price drops again so they can buy some steempower for themselves and right now we are getting steem at almost 5 times lesser amount as compared to January,
But still some people are waiting for more price drop and i saw many people predicting that steem is going to $0.50 and then they are going to buy a bucket load of steem but do you really think this is going to happen in real ๐ ๐
Steem got a superb community support and if someone willing to sell their steem then their are a lot of people who are willing to buy it from that person,so as soon the demand of steem maintain itself their is not fear for a bigger price drop.
So the main question is that "Is It The Best Time To Buy Some Steem ??"
And if i say truly then i really don't know that we are at bottom or not because this market is very unpredictable and that's why I don't want to give you any fake advice but all iam saying is that currently Steem is available at around $1.52 and it's a really good price to buy some steem according to me and if you have any doubts then simply divide your Investment into some small parts and simply keep Investing into steem if you see more price drop because by this way you can buy some steem at Maybe the bottom price ๐ค
So try to gain more steem because when the next Bull run starts, we possibly see a new all time high by Steem ๐
This should help. @thecrytotrader
You don't have to only rely on your gut feeling to trade crypto.
What do you think?
I'll give it a brief read brother,thanks for sharing this analysis and signal reading artical.
You're welcome. @thecrytotrader
I'm buying steem with cash but not with other depressed priced cryptos
To buy with cash it's good value
Ya that's true because buying with other Cryptocurrencies is not very profitable now.
it surely depend on btc see wht will be the bottom of btc
Well that's true and i have a strong felling that btc is going to more down before a big bull run.
yeah man in april u can see the bottom of btc will be 3500$-5000$ and in may after btc meetup events btc will cross 10k$
Let's hope for the good because btc already regain 44% Domain on the cryptocurrency market.
yeah bro :)
In my 2 cent opinion yes it's the best time to buy/invest in steem. Your investment not only give you profit but it also strengthen steem and give more people believe on Steem. Let's hope for the best. @thecryptotrader
Yup i agree with you buddy and it's @thecrytotrader with a missing "p" ๐
so sorry that's bad of me:) have a nice time
It's alright i have a tricky username ๐
Well stated! The whole market has been reduced to less than a third from its' December high. If it reached that level for Christmas, we can definitely see that level again (once the fears subside). I believe prices will rise beyond what we saw in December as cryptos become mainstream. I've always bought stocks after a market crash; never looking at the situation as a crash, but as a "Flashing Blue Light" sale. Did I just date myself? Some of you may recall the "Flashing Blue Light." Anyway, Steem is definitely on sale and at a great price!
Yup and we have to participate in this big sale for sure.๐
Best time to buy Steem was when it first came out, the second best time is NOW!
It doesn't matter if it still drops an another $0,20 or something like that... If you're buying for the long-term, which you should, now is a great time to buy any crypto!
Yup well said and i personally believe in those lines of "Warren Buffett" and right now we can smaell the fear in market so best time to get in.
Your point of view is so good
Thanks.
I'm still a believer in Cryptos but not willing to invest more. Unfortunately I have exhausted my fiat capacity of investment. I wish I had more limits of investment. But the fear of money loss is always there.
Who knows the bankers lobby together and kill the invention.
Well you reminds me of myself when i don't know about Steemit but after using this platform i have no fear for my Investment because i earn a daily basis income here, no Matter how badly cryptocurrency market crased,so try to gain more Reputation and supporters on Steemit.
I definitely believe in Cryptos. But if steem continues to fall or remain at $1.52 then most of the witnesses will be at loss. Already read many articles that being a witness is not profitable in this crash. Only the top 20 are making some profit. Rest all are just hodling.
I think it's a good time to buy steem...Now market will recover soon๐
Yup that's true :)
Thanks for sharing your thoughts for cryptocurrency your such a big help to all steemian..keep it up buddy..want to learn more from you :)
That's really my pleasure that iam able to give some important information to all of you guys ,thanks ๐