The only people who are generally "down on Steem" right now are the trend followers, not the leaders and experienced investors
And thoase who think they eserve more from the pool despite the price :D
I am extremely bullish on Steem and plan on buying more in April. Everything lower than $0.50 USD per Steem is a great price in my opinion and that is based on the market cap, not the price per Steem.
Me too. I have spent the morning trying to get hold of debt and seeing what I will have left over in April for buying.
You might want to unfollow the people you usually mention in your posts. None of the people I follow are complainers and everyone like You, @galenkp, @gadrian, @kenmelendez and others have a fairly accurate perspective of the growth prospects of Steem.
I don't follow that many people, I do however keep an eye on a lot wider than my own circle :)
I personally don't pay attention to the people whom I feel don't understand the investment prospects of Steem or any other investment for that matter.
Most of the small users of Steem have no idea about investing, the future of crypto, a high buy from a low buy and anything related to Risk vs. Rewards.
It's always the same.. when the market is Bearish, people HODL until towards the end of the Bear Market where they sell close to the all-time low or new low, and then when it turns around.. many people buy back having already taken a loss.
The average person buys high and sells low. That's the way it is and as far as I know.. that is how it always was and that is how it likely will be for the foreseeble future.
Discussing the thoughts, opinions and feelings of the masses who buy high and sell low is a waste of time. Let the ignorant be ignorant the wise be wise. We can help some people by informing them but other than that, I think there's no need to discuss the words of the ignorant. But I guess it is just a matter of personal preference.
Most people aren't very good investors because to be good, one has to be able to handle emotions across time, few can.
True, and I think the people you referred to lack the ability to do that.
Hopefully you are talking about paying debt or something along those lines as opposed to acquiring debt in a order to buy more Steem.
You have mentioned that finances are sometimes an issue for you and by the looks of it, you are almost all in on Steem.
Steem has a great Risk vs. Reward in my opinion but it is still high risk. Invest with caution knowing that nothing is risk free or guaranteed.
Balance is usually key @tarazkp.
I am not a financial advisor and none of this is profession or financial advice.. it's just my thoughts, ideas and words but I have a friend who was once a licensed financial advisor and an investor at the same time.. he mentioned that it's usually good to only allot 25% or possible less of a person's wealth in high risk investments.
Good luck @tarazkp. I wish you all the best in everything with each comment I make 👍🏼
I do okay and I don't take more debt, especially not to invest with, that is retarded for most people.