Sprint (NYSE:S) is a good buy? Steem Vs BTC. BAT's rumor on Facebook.

in #steem5 years ago (edited)

As predicted earlier blog, FIT has reached $5.50s. Will it go to $5.60s, most likely. Another Stock, Sprint is at support level. Is it a good buy? Probably. It is struggling to reach a big spike on uncertainty of T-mobile merger. Other than that it is a good buy at this level.

I have sold FIT at $5.48 (bought at $5.39) and bought some Sprint at $5.77 (current price at $5.72). My selling target is at around $5.80s which it can reach tomorrow or in a day or two.

Sprint_a_good_buy.png

Steem is showing weakness against BTC. BTC seems to destined for $6K, therefore, Steem can go down as 0.000055, all time low against BTC though its dollar value may hold around 35 cents. Though it is ridiculous, those who are holding for years should not worry at all. However, it is also a great buying opportunity too.

BAT is up more than 10%. It is another centralized blockchain and rumored to be bought by another scum centralized authority known as Facebook. On the other hand, Steem is becoming more decentralized due to distribution of stake and STINC's authority dimming down. Steem may take a long time to settle its distribution before seeing any raise in price.

Disclaimer: This opinion is not a financial advice, it my personal perspective and opinion. Please seek professionals for financial decisions.

undervalued_steem.png

Image sources: Most images are open sourced (e.g. Pixabay, Wikimedia etc.) with Creative common license. Some images are used with due courtesy to respected owners.

Thanks for reading.
@riseofth
Cryptominer since 2013, occasional trader and tech blogger

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More Steem lower just continues to bring down my average cost which works for me over the long term. Given the fact we earn along the way, I cannot see a reason to stop.

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