Now Is the Best Time To Buy STEEM
Image credit: @majes.tytyty
To be candid, 2018 was not been a good year in the crypto market. We started out the year with great optimism and enthusiasm having seen a glorious crypto market the previous year. Unfortunately, between January 2018 and now, the price of Bitcoin alone has crashed by at least 80%.
As bad as that sounds, the prices of altcoins even sank deeper. Our own STEEM, for instance, has deeped by over 85% between January 2018 and now. We even saw it going as low as $0.21 a while ago. Again, as bad as that sounds, some altcoins did worse, going down by nearly 98%. It's not been easy coping with the heartbreaks.
Nevertheless, I remember a lot of folks who bitterly regretted why they didn't buy STEEM when its price was less than a dollar before it peaked to $5. These folks made all sorts of excuses and allegations, saying that the whales and dolphins had undue advantages because they had they opportunity of buying STEEM when it was cheap.
Now, a new opportunity has presented itself before us all. The price of STEEM has crashed below fifty cent. And I cannot imagine a better time to buy STEEM.
Unfortunately, many of the folks making the excuses have gone into hiding. A lot more have abandoned their blogs because of the falling price of STEEM. They fail to recognize the brilliant opportunity that the present price of STEEM has presented.
The truth is that we have reached a bottom in the price of Bitcoin and most other altcoins. The market sentiments at the moment is looking bullish. And it will be no surprise if STEEM ends the year above $5. Well, it depends on what you see but for me I have no doubt that now is the best time to buy STEEM. You could give as many excuses as you like but I wish the believers in this blockchain a full STEEM ahead.
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Nobody knows future price so is better to avoid making predictions. ;)
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That could be true, really. But the risk seems to be minimal at this point.