Vlog 425: Where is the bottom for STEEM?


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    Published on Jul 16, 2019
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    7 months ago I woke up in the middle of the night, refreshed my phone and saw a post by Steemit Inc. that they had to lay off 70% of the company.

    It's December 2018.

    It was the first and only time I felt real fear about my investment.

    Markets tend to bottom when fear is the highest and also this time they did.

    You never know when you are in it but in hindsight, it's usually visible in the charts.

    STEEM bottomed at $0,2007 cents (on the left) when my fear was the highest.

    Screenshot 2019-07-17 at 08.12.14.png

    Then for 7 months, we found an uptrend. Not as amazing as other projects but an uptrend none the less.

    I was happy with it.

    And now that 7 months uptrend just got wiped out in 3 weeks and we are back at 21 cents. wow!

    But a lot of things changed in the last 7 months.

    Therefore STEEM at 21 cents today doesn't instill me with the same fear as it did in December 2018.

    In fact, It's the opposite for me.

    I will never have a bigger opportunity to grow my account.

    I bought some more this morning.

    I talk about it more in my vlog.

    I am part of witness @blockbrothers.

    Please consider us for your witness vote if you think we deserve it here:

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    Tags :

    exyle palnet steemleo

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