Steem price at Lowest

The current situation is not good in the market, where almost every coin is down by a larger percentage, including some leading coins. And we don't know when this situation is going to improve. While the Bitcoin price is hovering around 82,000 US Dollars, an Etherium is bearish at the moment, so the same impact can be seen on the steem price also.

this can be discouraging for a lot of people who are invested on the coin and right now the price for this coin is less than $0.06 which is really lowest at the moment and I don't think in the history ever we have seen this much low price for this coin even though it is a good community and a bigger community also but it is heavily impacted by the market turbulence.

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These kinds of situations can be really problematic and worrisome for a lot of people who are invested in the coin in the short term, but maybe that's the reason why long term is always suggested to go far because that is when you get a where you can manage things even when the market is really not doing great which current situation can be called for.

I had no plan to sell my holding soon so I'm not really worried because even at this time I will continue to build my SP But maybe it will discourage many people to invest on the coin because they might be worried what is going on but people who really believe on the coin and understand the overall basics of this project they will go ahead and invest And it is because they are going to get more coins this time which will help them have even bigger holding for SP.

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