You are viewing a single comment's thread from:

RE: Cheer Up Folks. Here's some good Steem news!

in #steem7 years ago

Thank you @aggroed. If you invest for the long term, you should always check the fundamentals and reconsider if your investment case in place. There is a famous quote from the father of the value investing philosophy (honestly, crypto investment is not value investing but the quote fits anyway...): You should be happy if prices go down, because most people will want to invest more over the life time. Low prices are a chance to buy something which you considered cheap already before even cheaper. Not a literate quote, but the sense is like this. Only because a price goes down it does not make an investment worse, no, it makes it even more attractive. However, only as long as the fundamental remain in place - and this seems to the case according to your statistics.

Coin Marketplace

STEEM 0.15
TRX 0.17
JST 0.028
BTC 68552.89
ETH 2454.37
USDT 1.00
SBD 2.36