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RE: Why I am bullish on Steem.

in #investing5 years ago

Dear @shortsegments

Great choice of topic buddy. Indeed just like you said: marvelous things continue to happen

However for many people upcoming HF21 is not a marvelous thing and I'm not really that surprissed that many decided to dump their STEEM tokens. Plus we need to remember that steemit Inc is flooding market non stop with those tokens.

STEEM is a great blockchain, filled with amazing community and many serious projects. However selling pressure is killing all of that :(

Good read. Upvote on the way.

ps. do you use telegram (or discord) by any chance?

Yours, Piotr

Sort:  

I have heard other posters comment on the selling pressure issue. It is both good and bad. It’s never good for morale, but it does present an opportunity to reduce add to your holdings and reduce your basis. The glass is always both half empty and half full.
Cheers 🍻

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