In the last 10 hours steem price has been going down rapidly many people just trying to sell steem while the price is high, but i don't think they aware that the price will keep going down and is just going to jump as fast as it did drop.
You can see nearly all market coins went down by 5-30% while steem still holding quite well on around 5-10% drop. Yesterday everyone kept dumping steem, yet steem kept resisting to go down. Maybe being backed by new investors, but today morning it did gave up and fell by roughly 9% probably due to many people who are going to invest sleeping/working.
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All or nothing
While i was considering to dump my liquid steem and not to risk, later on rebuy it on a similar price. My clear mind did win the fight, so instead of selling my steem i did buy another 140 steem. Small amount but at the moment its all i can afford.
Current idea is to keep liquid steem, wait for the price to jump up, sell on the best price possible.
Then once the price goes down by 2-4% buy steem again, if my calculations are correct should win around 10-15 steem.
Considering i have bought it cheap sell expensive and buy it a little cheaper again.
Plan is ready all there is left to do is wait for the right time and stay strong.
I have never had any luck timing the crypto market, so I just BYU and HODL.
i do similar, just placing the price i want on bittrex, and the just wait.
Ty I took your advice!
Tops and bottoms are very hard to nail. It is better to be generally right and take a smaller piece and just ride it.