Is steem going to moon soon?
So during the dip that happened recently to most cryptocurrencies steem also fell quite a bit, from around $9 all the way down to $4.
Now it has risen back all the way up to $6+ and it is looking like it will finish this small correction really soon, and it might moon after this, judging by the fact that most currencies are rising back again, and that it is now on an uptrend. I think that investing now is still a good time, but it of course, was better when it was at $4.
Source:Giphy
Well, if steem does moon, you will get a lot more from your posts, since post pending payouts will increase. And since it does look like steem backed dollars are increasing in price now as well it will only add to that increase. So all in all it is definitely a good thing that steem might moon :)!
Disclaimer: I am not a financial adviser, just another friendly duk, and am not telling you to pour your money into anything. Take everything with a grain of salt.
hopefully it will go high
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thanks for sharing