The steem price after Crash
We know what has happened in the Crypto market one day before and steem price also impacted but not so much as compared to many other coins. Because this coin is also part of the market so it can not be in the situation when it can not be impacted. Earlier steem price was around 12 cents and now it's between 9 to 10 cents so an impact of approximately 25 cents is observed.
If you consider the current price as 9 cents then it's a drop of 3 cents and it translates to 25% of value drop which is not less but not too much and considering the history of steem this is expected to recover soon.
So now after this crash what is my plan? Nothing, yes nothing because I am not going to sell anything because I am not worried. I already did a lot of buying and now not left with liquid money so can not buy anything.
I would love to buy if I get the opportunity to buy like this provided I have money to buy but nevermind because such events are unexpected and can't be predicted as well.
I will continue to follow my steem journey the same way because price is secondary for me because I am not selling and have no plan to do so for now.
Thank you so much for stopping by and if you like my content, please vote and share your thoughts in the comments section:
10% beneficiary to Tron-fan-club
Everyone is upset about this. This is completely sad news to see.
Congratulations!
Your post has been manually upvoted by the SteemPro team! 🚀
This is an automated message.
If you wish to stop receiving these replies, simply reply to this comment with turn-off
Visit here.
https://www.steempro.com
SteemPro Official Discord Server
https://discord.gg/Bsf98vMg6U
💪 Let's strengthen the Steem ecosystem together!
🟩 Vote for witness faisalamin
https://steemitwallet.com/~witnesses
https://www.steempro.com/witnesses#faisalamin
I have plan to buy some as well having a small liquidity.
🌟 Excellent post, @okalok! 👏
Your post about the decline in the price of Steem was written in a calm and mature way, which every investor must learn. What is remarkable about your post is that you did not panic or instill fear, but you attacked the task logically and emotionally, which is the mindset of a long-term believer. 💪📊
I found your breakdown of the math behind the drop really interesting because it shows that while it is approximately 25% it is still within a recoverable range of Steem considering its previous performance. Such a line of argument is very experienced and knowledgeable of the market cycles. 🔄
Your resolution to not to sell and keep a Steem trip no matter what the price does is a true encouragement.