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RE: OH YESS! STEEM IS RISING UP!!

in #steemit8 years ago (edited)

I'm cautiously optimistic at the 'bounce back'. In cryptocurrency trading where there is very low volume, large price swings can occur for a variety of reasons. It certainly looks like an increase in volume, BUT it could also be a manipulation of the market. Manipulation is common place. Time will tell.

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I can understand your optimism, and yes, only time will tell. I hope it's not from manipulation... But for now, if it does drop im going to invest a little more.

Btw I just woke up and it's currently at $0.19!!

I bought some more STEEM at a peak, which goes against all my rules of trading, but I'm gambling on this being a the turnaround at the bottom. I can always convert it into Steam Power if I want regardless. :-)

Yea I get that. But if I were you I would be capitalizing on steem power inflation. And put your steem into steem power. This way you could've made some steem back towards your capital.