๐Ÿ†˜ WOW STEEM at $2.02 ๐Ÿ“Š ... Need Your Opinion!! Should I BUY NOW?steemCreated with Sketch.

in #steemit โ€ข 7 years ago

I'm looking into my computer in Amazement... STEEM just hit $2.02 and I'm seeing it all over the steemit newsfeeds and its making headlines!

There are tons of respectable influencers saying it will go higher and some are saying wait for a pullback. I wanted to buy tons of STEEM POWER TODAY! ๐Ÿ˜‚ ๐Ÿคฃ

What should I do? Wait for a pullback? What if their isn't one? Decisions... Decisions lol!

Sort: ย 

thanks for asking the question i have been wondering for the last week now lol. i swear I have the shittiest luck when this happens. if I buy it's going to fall below $1. if I don't, it will be $10 before you know it. sigh

You are so right... I am at the same dilemma right now ... tons have already told be to hold on back to $1.50 - $2.00. What if it goes to $5.00 haha

Great Man! Upvoted!

Also You should buy steem right now! Because the steem price will be over 1000$ in 2020!

ย 7 years agoย (edited)

That's a huge number... let's just get to $10 first haha

Hell Ya! Make those stacks! Unreal

ย 7 years agoย (edited)

I should be stackin Steem now ๐Ÿ˜‚

I think you should buy now, don't want to miss the wave!

It's almost at $2.50 ๐Ÿ™Œ๐Ÿผ๐Ÿ’ฏ๐Ÿ’ฏ

2016 summer brought steem to 4 usd lets see this summer.

I think we can do it this year ๐Ÿ™Œ๐Ÿผ๐Ÿค‘

yes get steem and steem power you will thank me later lol

I want at least $100k worth, is that to much ๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚

my friend @jerrybanfield just got $40K ya in steem power

That dude @jerrybanfield is the man... ๐Ÿ™Œ๐Ÿผ

Smart Investors will say, "You make your profit when you buy, not when you sell".

I would add to that, you should always try and get anything for the cheapest price you can. Don't waste money needlessly. All Crypocurrencies are volatile and probably will be for quite some time.

The key is to buy when the price is trending down, not racing for the top. Steem as of 2 weeks ago and as far back as a month, was under $1 USD. I would bet we will see some folks taking profits at the $2 level and if enough people do that, the price will drop.

Conversely, some will say, "Steem could go to $10, $20,etc." My next question is "Why?". What are the fundamentals driving the increasing price. Could it be that since Bitcoin is up to a high of $2,892 USD and Litecoin has bounced up to $30.35, investors are simply trying to find something, anything to buy quickly to turn a profit.

I suspect the answer to that question is "Yes".

great commentary here man; it's reasonable and not too 'emotional' - gotta stay calm in this

My reasoning is the value of subscribers and users of the platform.... I heard its around 90k active people on here... once we get up to 200k then 500k then to 1 million... sky's the limit. :-)

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