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RE: It's Steem crisis ATH but let's pause for a second and look at things on a 5 years range
That is exactly what I mean by oversold.. a price that is a real steal @jonmain.
In my experience volitile stocks and I believe cryptocurrencies too, will trend down toward 'steal' territory before the end of their respective bear markets.
A lot of the loyal Steem holders will probably run out of money before Steem reaches oversold territory, so in general, they will not be able to accumulate a good amount at bargain prices.
This isn't financial advice or professional advice of any kind but it is what I think and I plan my Steem purchases accordingly.