Great post and it is refreshing to see a different take on the market. I disagree however on the crypto market as a whole. I think we will absolutely be back at $5000 BTC or higher before the end of the year. And if you add BTC and Bitcoin Cash (a la Jeff Berwick) we are still hovering around $4200. But cost averaging is always a good idea. I have slowly increased my crytpo holdings including STEEM while it is "on sale"
I have never bought into ICOs initially. Although I have started stacking some EOS and OMG to diversify. The main coins BTC, ETH and Litecoin I think still have untapped growth potential. And STEEM when it catches on.
I am not a professional and have no scientific evidence to back up my position. It is purely speculative right now. Just like stacking gold and silver, I have more confidence in crypto than fiat. If nothing more than a hedge against inflation.
Followed your STEEMIT and Youtube. Keep up the good work homie.
Thanks for your response and following me on both platforms!
It very might be right that the whole market surges again and BTC goes past $5,000. It has been a pretty extreme rocket ride already but this space has surprised me more than once!