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RE: Buy (STEEM POWER) When There is Blood in the (BTC) Streets

in #steem8 years ago

On the other hand, buying Steem when your Bitcoin is worth less is not a sound financial decision. Better to wait until the Bitcoin price rebounds (which it will) and buy more Steem when the price is lower relative to Bitcoin.

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STEEM is still to young and isn't uncoupled from the price of BTC just yet. BTC's tanking also tanks the overall marketcap of STEEM.