STEEM Moons again!
A good start to the year for us Steemians with Steem price heading north. Maybe this time we will see a sustained move up. Who knows for sure right? But for the time being it looks really good. The volume is up to 200 BTC and it seems to be slowly increasing.
It would be great to see STEEM get to around 30-40 cents before any further downward movement. It would certainly help bring back some lost exposure to STEEM as many traders will also consider it if it looks bullish and many users tend to come back when the price is better.
A 30-40 cent STEEM price will also yield decent prices for all the content creators here. Sure we're far from the incredible multi-USD prices but this is a good start for the time being.
What I would love to see in the future if STEEM manages to get back in to the top 30 in crypto ranking is a derivates exchange listing. It would be great to long and short STEEM on a top derivates exchange like Bybit or FTX list STEEM as one the tokens for trading with leverage.
Infact, margin trading STEEM on Binance would be great for starters. But I reckon it would cost a fortune to get anything new listed on Binance.
Maybe, if enough folks from our community reach out to these guys they might just consider it. Especially, FTX as i've seen them quite responsive to requests from the community in recent times on their telegram and twitter handles.
However, I would first love to see greater volumes on a regular basis on STEEM unlike an occasional 200 BTC trading volume we see during pumps and dumps. I've stated this a few time in the past that many more folks should begin trading STEEM/BTC or STEEM/USDT pairs for starters to help maintain a decent trading volume.
STEEM may not be doing 400% gains as some other coins it has still returned a good percentage gain in recent times. Infact from 9th January until the highs of today it has returned approx 61% gains which is great if you are trading STEEM. There's more than one way to accumulate STEEM, one of which is through trading.
Anyway for now BTC price seems to be holding steady so hopefully we'll see a greater price of STEEM in the short term. Looking forward to picking up some STEEM on the next few dips.
If you are keen on margin trading Bitcoin on a derivates exchange then check this post on Bybit here.
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More projects this year can pump the price even further. Few weeks back when the price was around 0.13$ I was thinking of purchasing a little. Now after seeing it in 0.19$, I regret for not purchasing. But that's okay. I already purchased a decent volume few months back when the price was 0.19$. Now good to see it reach my bought price.
Hope the price stays like this and increases slow and steady.
It would great if steem pumps over $1 few months down or even by this time next year. Atleast 5x from your purchase price then. :)
Yes right. 5X... 😍😍
There would be more life around here quickly if Steem gets above .25 and stays there. I have said that for all Steemit's problems, low Steem price was number 1 and that a lot of issues would sort themselves out or become tolerable with higher Steem.
We might see better prices this year if we can retain this momentum. Let's hope we do.
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!BEER
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Yes yes, it is getting higher and I am getting happier. 😂
Yay! It's a good start to the year for sure for all of us here. :D
I have checked that the price of Steem has increased incredibly during a week compared to other top cryptos. So, It seems to me a promising start but who knows how far it can go.
True that. I'm sure there will be more ups and downs in the year.
Hoping for the best!
I will be really glad to see steem back to the days when everyone was proud to be associated with it and even better.
Hopefully by 2021. :)
Let’s see how long this lasts it should make it attractive for some to sell who have been hodling for a while so I won’t hold my breathe! I didn’t mind the low price b cause I want to stack
True that. :)
Hopefully there will be a correction soon for anyone wishing to accumulate for the long term.
It's Good to see that Steem rising again at a good speed and the most funny thing is that new people who joined Steemit are not felling pumped because of the current low prices but they don't know about the potential of Steemit once this bear market ends.
It feels good to be on Steemit for more then two years and i learned one major thing from it that "Never Give up" that's why now the price of steem doesn't matter much. We all just love to share our life and knowledge here and it's now became a part of our Life.
Keep Steeming Bro and always thanks for being too supportive for Indian steem community.
You're welcome. :)
I'm glad to see you around after all this time and using this platform. Cheers!
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