crypto Stagger "BUY NOW OR WAIT?"

in #cryptocurrency7 years ago (edited)

I will begin by being truthful, i am new to this market. barely 5months old. I am a minnow. I've known about it for a while but only recently actually started deep diving into it and trying to understand it. Right now seems like a good time to buy, but would it be better to wait a week or is that something that everyone is guessing on?

Especially on this platform #steemit, the drastic drop in price is so alarming although there was a little rise recently now. is this a risk worth taking or is crypto currency dying away?

It’s a great time to get in. It’s my call when to buy or I could wait, but if it goes up, I will be mad. If I buy now, I can relax, it may go down but will go up in the near future maybe or even die away.
I would buy half now. And if it goes down, buy some more. If it goes up buy some more. But locking in some at this price is not a bad decision. What will a good trader do at this point?

Steem dollar was about $13 when i joined but right now it is priced at $4.4 and thats a drastic fall to what i had imagined. i lost to bitcoin, should i relax now again? i might loose to steemit too. it is just so confusing now. I think legit advice from fellow steemians is needed.

view chart here.. via @coingecko
https://www.coingecko.com/en/price_charts/steem-dollars/usd

Sort:  

Thank you for using F-RESTEEM service and your support.
Your post is resteemed and upvoted for your 0.100 sbd or steem.
Introduction of F-RESTEEM service.
Resteem+Upvote service : F-RESTEEM. Come again and support me.


Delegate Steem Power (SP) to @fresteem by clicking one of the following links: 500 SP, 1000 SP, 2000 SP, 5000 SP or any. Then you will get the 50% earning for your Steem Power.

This post has received a 0.82% upvote from thanks to: @josephjim.
For more information, click here!!!!
Send minimum 0.050 SBD|STEEM to bid for votes.


Do you know, you can also earn daily passive income simply by delegating your Steem Power to @minnowhelper by clicking following links: 10SP, 100SP, 500SP, 1000SP or Another amount

Your Post Has Been Featured on @Resteemable!
Feature any Steemit post using resteemit.com!
How It Works:
1. Take Any Steemit URL
2. Erase https://
3. Type re
Get Featured Instantly � Featured Posts are voted every 2.4hrs
Join the Curation Team Here | Vote Resteemable for Witness

Congratulations @josephjim! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @josephjim! You received a personal award!

1 Year on Steemit

Click here to view your Board of Honor

Support SteemitBoard's project! Vote for its witness and get one more award!