RE: Are you still buying STEEM?! I am!
Thanks for sharing and reminding others the opportunity that we now have. When I first joined steem, I never thought I would be able to power up to dolphin level, $4 X 5,000 was $20,000 in one coin/project. That seemed steep.
Today at $0.3 or below, that costs only $1,500!
I have some liquid steem on exchanges, I am waiting to see which way this market goes before buying more.
I did rush in at the beginning, so if it drops further, it's a great way for me do dollar cost average my total cost.
The bear market has been great for putting more steem into hands of the third generation of steemians. They seem to be slightly more measured and less likely to fly off the handle. We need some more steady hands on this ship before we take it to the moon and beyond!!
I know! For many 1500$ is still a HUGE amount of money, but it certainly is way more easily achievable than 20000$, which is more or less half a years salary in my country.
I recognize wanting to 'rushing in at the beginning', but since I really don't earn any FIAT right now I had a bit more anxiety to buy in with the bit of savings I have left. So my first buy was bellow 1$ which I had set as a 'goal' with which I could make some difference to my account. Now a buy at 0.27$, and I decided only to buy more if STEEM gets below 0.15$.
Hear, hear!
PS: Did you consider keeping the STEEM liquid in your Steem wallet? I know we tend to trust the better functioning exchanges but there's zero guarantee they will keep your STEEM safe <3
It's easy to forget how little fiat funds most have. Even in the UK, 17m people have less than £100 in savings! That's crazy and very worrying, it shows our current economic system has left so many living hand to mouth.
I think if it falls to anything below $0.15, I may consider orca-ing up. But I think we have seen the lows, maybe another bounce of the $0.20 level before it goes back up. The bear market has focused a few minds and I am seeing real constructive discussions amongst people here on the steem blockchain.
I keep liquid funds in a few other steem accounts for security, but with the low volumes for steem on the exchanges, it could spike really easily, so have some sell orders to take profits and stack some coins - that's the plan anyway... lol