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RE: Vlog 246: Interview on the Resteem Radio Show + Waiting for the markets to find direction.
How did you originally come to your buy price @exyle? I know you're in a different position from me, i.e. already feeling you have enought Steem, but I keep changing the goals posts. When I looked this morning and it was just over $2 I decided to wait until it went be low $2 but then it went up again.
Earlier in the week I was waiting for it to come back down to $2.2 but then it went lower so I waited again.
What is the usual basis for setting a buy price or can you point me to some easy education about it?
Have a happy cleaning day! 😊
I put my buy price there because I already have enough STEEM and I'm looking for a low price. If it never reaches <$1 I'm fine with that.
If you want to accumulate more STEEM right now I would recommend buying in on average. Buy a little bit of STEEM every day/week around the same time. You will get a nice buy-in average. This is how I bought all my crypto in the past.
Thanks @exyle. Sounds like a good plan. I'm not talking huge amounts anyway.
I should probably do the same with powering up my SBD because it's just sitting there. I stopped powering up when the price was "adjusted" hoping it would get back to at least 1.2 SP but it never has. Yesterday it was at 1.1 for a while but I missed that hoping it would go down so doing a bit each day is probably a much better move.
Once I've cleared the backlog I should probably just stick to powering up every day no matter what.
Does that sound a better way to go to you?