PSA: Be Prepared for Sell Off!! 591K Steem Being Powered Down this Week. Steem traders Know Before you Buy

in #steem6 years ago (edited)

Here are screenshots from steemdown showing current whales powering down, Caution is advised if you were planning to sell or buy as there is a high likely hood of significant dumping while this is happening.



























Thanks to @bitcoiner who created https://steemdown.com/

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Great depth in research..it will aware us advance..keep inform us..

If steem was to go down that is when I will be buying this is like heaven to those of us that need to get in. I don't believe steemit is in trouble the whales are smart enough to cut their investments before they lose too much then get back in when it has hit its low point. Then the whales are still whales.

how with all the power downs votes are worth less until steem is powered up again

Steemit is going places and I will be investing in steem and a lot of other low rated people like me will be as well trying to get a piece of the pie because this site is the future of social. People run away from volatile things because it is unpredictable. That is when I want in.

the relly down sir

steem now down it's a right time to buy steem and hold some time.

you shouldn't buy into a falling market = FUD buying

You shouldn't buy into a rising market = FOMO buying

Best time to make a decision on trading is when markets quiet price and price stabilizes for a while, is much more likely to gain on investment than randomly entering hoping for immediate gains

good information you provide about it. kindly check this what happened with bitcoin. https://steemit.com/bitcoin/@nitindafda/bitcoin-price-steady-above-usd6k-despite-bithumb-hack