Invested Most of My Funds at $2.2 Steem Price. Was It a Mistake?
Hello, fellow Steemians. Quite a month that was. Since most bloggers kept advising us to buy more coins waiting for imagined huge growth after a small correction I've been buying Steem every day as it behaves like any other coin or predominantly better.
And I have no regrets. The cheaper Steem, the more coins I could buy. More details on this here in previous post. It's a downward complex spring which is going to shoot this year. I'd also compare it with ballista or a slingshot.
So during this year I'm planning to reinvest about $200 a month. Maybe it's not much in comparison with current price but if Steem keeps going down below $1 and further, my investments will increase exponentially even if I go with $100 a month after a half of year.
So, that's my future investment strategy. You can follow and support "the lows" of Steem by upvoting and resteeming this post ;)
Good luck to us!
Let's hope our future will be bright!
I just bought a whole bunch of SP, right before the drop. But, I used ETH to buy it which was down already, so I'm doubling down. ..:)
I'm following the exact same plan and just put a hundred and fifty on before it dropped; sharing the steem with my siblings. I'm waiting for coin base to recharge what I'm allowed to put on and then adding another.
If it keeps dropping I'll get more steem per buck.
Not sure where the drop will stop but hoping it doesn't before I can add more.
It was not an ideal moment, but it was not wrong either. steem will be over 5$
No man don't worry. You will get double than that for sure :-)
No doubts :)
Thanks for sharing your insights!
Yeah if you believe in Steem then just buy and hold. Reinvest like your doing.
Great infos thanks!