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RE: Reasons why STEEM won't make you rich
There are many moons in the universe. "To the moon" is subjective. Then again, what If you are absolutely correct.
There are many moons in the universe. "To the moon" is subjective. Then again, what If you are absolutely correct.
This current pullback in price atm is probably the first "bear trap" and the next level up is likely around the corner. I'd define this as a bubble because of the 2700% increase in the space of a few days. Doesn't mean it won't go more up. I'd actually guess price is going up after this dip. Just be careful because there is a looooong way down when there is a return to the mean.
if you think about it 3.00usd to .50 cents is not a long way down. ive seen worse in the crypto space. (maybe you have)
It is more likely for the price to correct downwards than to maintain an upwards push. in the short term.