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RE: STEEM - Long term support line broken

in #steem8 years ago

I wonder what is behind the steem/sbd drop. I'm new to crypto and currency trading in general, but I suspect some people are selling steem and sbd to buy bitcoin while it's cheaper. That, or they are looking for a currency that is falling slower than ours, so that they can lose less of their investment and/or buy back into steem later when things settle down - and increase their steem stake in the process.