Catching Falling Knives

People are funny. It's come to the point where those people who were not sure about bitcoin enough this time last year and who have seen it rise like a feather and fall like a rock, are now saying "mmm... perhaps there's something in this" and are asking advice on how and when to buy. You're probably getting this too, most Steemians have a group within which they hold the status of "knowing about crypto" which is a bit like thirty years ago "knowing about computers".

I tell most of them to get a Steemit account and start writing and earning it, rather than splashing out cash that you could otherwise be spending on sweets and stuff. The wilder ones who really want to buy something I point in the direction of TRON and the associated gaming sites - if you're going to throw your money away you might as well have fun doing it.

The first time I ever got any bitcoin a few years ago was from a faucet cunningly disguised as a Flappy Bird phone app. I enjoyed playing the silly game and feeling like I was doing something to earn my satoshis. This was when a satoshi was probably worth about a tenth of what it's worth now, most of them went to friends by me demo-ing the wonders of sending 50p of BTC to their phone. Shoulda HODL'd since those 50 pences are, even now, a fiver.

So to falling knives. I don't think BTC has stopped falling yet. I would be disappointed, but not surprised to see it drop as far as $1,000 before it bounces. Someone needs to give STEEM a kick, it doesn't look good to not be printing SBD but for it to have dropped off its peg to like 75c. I get the feeling that it's some sort of mashup between catching a falling knife and playing chicken - catch a falling chicken (with a razor blade in its mouth). We want it to go up but nobody's willing to be the first in case it falls again. You can't live like that. Much better to splurge it out on a blog post eh?