Ok....if you are a steem addict such as myself, visiting coinmarketcap.com isn't exactly wise at the moment. And that's because steem slipped to the 83rd spot overall.
Now this could well be a new investing opportunity since, at least in my eyes steem at 0.20$ is a steal hence I am still buying and powering up
or a new downfall, one that according to the "experts" could lead our beloved steem to 0.15$..0.10$...0.05$ and so on....
300 Steem "only" may seem ridiculous right? Trust me they add up fast. Really fast...
It is not a secret that BTC's dominance is really high at the moment. Almost 69%...that's huge actually. It is also a fact that almost every single alt coin is getting hammered and some projects might never recover this "alt coin crypto winter" but not every project out there is reliable, trustworthy and have real life use such as steem itself.
Maybe that is the reason I keep spending fiat money and purchasing steem from time to time. It's not just that I see the potential. I refuse to believe that the project I keep on spending my time, my energy and my money on, will fail. Quite the opposite actually.
I think it's gonna be the next big thing despite the current pressure on the price due to Steemit.Inc's sell off.
Just a quick look at all the latest developments will persuade you. Now you may think that I am shilling steem, right? Well YES I do.
I think that eventually steem will change peoples lives all over the world. but that's just me....
The real question is: The moment the price of steem will skyrocket, because it will at some point, will you be happy with what you are holding?
I had set a target earlier this year...to reach "orca status" until the end of 2019. It's gonna be difficult to get there...but if the price of steem keeps on diving...I am telling you...I am gonna start buying left and right and will turn into an "orca" overnight.
See you at the top fellas.
