And that is why it is dangerous for people who don't know how asset values behave, to invest in cryptos like that.
EVERY coin and every asset in the past 5 years that I have followed has only rebound when it hit 90+% retracement from the highest price.
There needs to be a major education for folks who don't understand this yet,s o that they don't piss away their life earnings on stuff like that, BEFORE it has retraced to the levels before the bullrun. I see comments like these so often and am wondering why no one wants to educate people on that.
To clarify: When I say "bought into" it just means the price Steem was when I started my DTube account. I didn't invest in crypto in that sense. It's just worth a lot less than when I started accumulating it.