Nice post! I think people need to remember to ZOOM OUT when looking at crypto charts; especially right now. Looking at a 24 hour, or even a week chart is depressing as hell at the moment. However, look at it at a 6 month basis and it's a lot more cheery.
I love the idea of buying more Steem, I think once the whole market turns bullish again Steem could shoot up, the only reason I'm hesitant on buying more is that I think faster growth could be achieved elsewhere.
I post articles discussing crypto and my investment analysis. I love your positive vibe my friend, if you ever wanna talk crypto, hit me up @jhcooper7
Steem on!
Definitely agree!
Zooming out (instead of looking over the last month) has a very good realism to the perspective of things. :)
Definitely, it's far too easy to look at the trend over the last few weeks and think 'oh no, I'm doing 30-40%'. Not enough people look over a longer period and think 'Christ, I'm still up 300%!'.
If you don't mind me asking, is Steem the largest part of your portfolio currently?
My portfolio (as small as it is unfortunately as compared to most people which I am working on)... is spread out in such a way, that the projects and coins I believe in are spread in such a fashion that if any of them do well, I will benefit fairly well.
I'm conservative in my investments because I can't afford not to be..
Steem is one of the larger ones... and its where I devote my time and energy the most, because I believe it has a very secure future.