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RE: Oversold Extremes - Part 2
The only question remains “when is Low or when is High?”
LOL
If only any of us knew! So true. And that's why we buy on the way down. After all, low and high are also relative. 😅 My optimism is really based almost entirely on the underlying fundamentals though. In my opinion, it's not IF, but WHEN STEEM and BTS go to the moon. It's the simple fact that they are severely undervalued on a relative basis while at the same time actually producing value as viable businesses over and above being the secure, widely distributed and decentralized almost immediate means of exchange and store of value that it is. The more I see and the more I know about these two projects, the more I'm in the million to billion camp!
I feel the same. I'd like to point out the recent bitshares worker proposal which got approved. It contains very valuable informations about where BTS is heading.
The most important in my eyes is the upcoming development of "trustless gateways" and "confidential transactions", they would bring true decentralization and true privacy. Two things that initially brang a lot of people into the cryptoworld