Steem is fallen below $0.25 USD. Are you planning to buy some Steem?

in #musing5 years ago

View the original post on Musing.io

To be sincere with you, I am just so confused. I have been thinking about this since the beginning of this month because anything can happen at anytime in the world of cryptocurrency. I see the low price of steem as an advantage to buy more steem at a cheaper rate and then sell at higher price when it's time.

I am also considering the drastic fall of Bitcoin which is really affecting other cryptos including steem. Bitcoin keeps falling almost every day within this month. I haven't seen such a great fall in crypto for the last past months other than what is happening this year December.

Majority of us kept our steem hoping to sell towards ending of this year as we all hope for a great increase in price or bull in the crypto maket so that we can celebrate Christmas with lots of fun just like we did last year. This year turns out to be very different and surprising because everyone is just really astonished about what is going on. Some Steemians had to sell their steem for that very low price because they had no choice. I am sad to say this year December isn't favorable for me and I just hope a miraculous effect may occur by increasing the price or amount of cryptos before the ending of this month.

I also thought about the implementation of SMT on the steem blockchain as a means of boosting the price of steem. We all know Ned and other steem staffs are working on this success which will take place next year. This implies that there may be a boost in price next year if we are all patient and hope for the best. I will just have to work hard and gather more steem to keep for next year in case there is any boost in price. I may also try to buy some amount of steem also and keep because steem is more valuable and worthy than the present price we are all experiencing.

In conclusion, I believe the best is coming and it will surely come. I won't give up or loose hope on steem due to the present situation. I will try to have more steem and hold till the time comes. I also use this medium to motivate every Steemians not to give up due to what is happening presently in the crypto market. We have to keep hoping for the best as we all know "the patient dog eats the fattest bone."

Thanks for reading and I hope this helps.

Sort:  
Loading...

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.034
BTC 63900.40
ETH 3140.82
USDT 1.00
SBD 3.98