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RE: The Controversial Mary

in #steem6 years ago

Well no complaints here. For someone that's long on steem I don't think it makes sense to do this kind of trade at all. We all know timing the market is a foolish endeavor.

If there are funds one has available, it's easier to be disciplined about periodic buys at whatever the price is. In my case though, knowing how volatile this market is, I do the same thing, except that I only act on dips. Sure, I could be buying the dip all the way down, but since I believe steem to have more potential than the market gives it credit for, it makes sense. I'm going to come out ahead of pure dollar cost averaging technique when the price recovers. Still, it's a gamble but remember if you are dollar cost averaging anyway you are counting on an eventual growth of the token too.

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Yes Eon, we can go back to being friends. I knew this could happen if we only worked together for the benefit of Mary.