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RE: STEEM - Exactly on the target
I think a good strategy is to buy and power up on sharp drops after prolonged consolidation movements. Time is on your side when powered up. Its kind of like selling an options contract when you expect sideways movement and collecting the premium as additional income. The risk is a further drop so it is good to keep some cash on the sidelines.
Lets face it, with a 100% annual monetary inflation rate, strong rallies are most likely going to be few and far between and short lived. I would be glad to be wrong about that.
Hello, good analysis!!!