We have a double bottom @ 1.50$! This means that it could still be wave 1 and 2 if we don't see a low below 1.33$.
The exchange ratio has already started to get better and better again. What do you think happens when this count is correct? We will be back to 0.7 ratio in no time if it happens.
I am sad for the panic sellers who did not dare to hodl.
The next few weeks will be important for the whole cryptospace. Decisions, decisions...
I hope we don't get an inverse correlation to stocks now. This scares me a little, because cryptos would only rise, if stocks fall. We don't want that, of course.
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Economic fears in Europe should be good for crypto prices in general. If STEEM gets below a dollar I am going to buy some. I find myself struggling to feel bad for people who choose to sell at the bottom of the market.
EU, USSA, Canada, China, Japan they also have some real trouble getting cooked up. It is wise to put all of your stock investments and bank accounts into crypto unless you are shorting the market or holding gold miners etc.
meh, when the stock market shits the bed it's usually only for a few years, and then you see significant gains over the previous highs. Unless you are close to retirement or you buy a shitty company that goes out of business it is best to HODL stocks. I was just looking at my portfolio and noticed a bunch of shares of a company I must have missed the notice about getting shares in and it turns out to be a giant fortune 100 company. It's hard to go wrong with that. It's always good to diversify though. If STEEM gets to $1 I might buy a bunch.
Personally I wouldn't touch a Fortune 100 company with a 10 ft pole. It's low risk low reward. I've completely given up stocks at the moment. Trump's election wins had some great effects on mining stocks ad solar went pretty great too. But cryptos gives the best returns. As for STEEM I doubt it'd hit $1 for a long long time.
I got it for free so it's all reward. I still have not figured out exactly where it came from.
Congratulations then!
Congratulations then!
I love you when you give analysis in favor of sbd, you are the only one is supporting sbd :/
They are going to miss out honestly
Wir steuern langsam auf den 1€ pro SBD zu.... krass wie das derzeit wieder herunter geht @ew-and-patterns