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RE: It's More Important Than Ever To Post While The Market Is Falling
Nice post. I see steem on my account like if I have 100 golden coins buried in my backyard. I don't need to know what the price of gold every day. I just know that they are there. And feel good.
As someone who has gold coins in his backyard, I agree. Have both, diversify your wealth and build new income streams as we get closer to the event horizon of a breakdown in the monetary and political system.
Where do you live again?
That's my man.
By breakdown in the monetary system I assume you mean even the U.S. dollar? And if yes...do you think ALL major currencies will fail on the exact same day...or that there will be one last one standing before even it is "painfully" eliminated by bitcoin, gold, and silver?
You are right, we know that somethings in there, something beautiful and beneficial. Although, we have not seen it yet but we believe it's going to happen and it will happen.
I think that's a very wise approach to looking at it :)
Sure it is. I'm sick and tired of all this fancy charts and graphs. They just drain the reward pool. People still don't understand what steemit and steem is. We have racing horse against donkeys in this race, we don't need charts. And don't need to push steem on exchanges so traders can made profits and steemians with no experience get burned. Price will go up, for sure. People comparing apples and oranges here. But hey, what do I know?
All that technical analysis can do is give you a measure of sentiment based on price at any particular time. If you don't believe in charts it is likely you don't believe that price is driven by sentiment..which of course is simply what anyone is willing to pay for ANY item or service at any given time based on their own perceptions. Thats what a "market" truly is. If you wish to ignore the advantage the analysis of "what people are thinking right now" that the charts offer. That's your choice of course. But don't say you can't measure sentiment...simply becuz you don't understand how you actually can.
I respect your opinion. You follow charts, I'll follow my gut feelings and life experience. After one year will see who's wallet gain the most. Have a great one.
Wallet as far as what...bitcoin? I won't own any bitcoin in the next year. What do you want to base the contest you proposed upon. You can simply pick your area of expertise...and I will likely still take you up on your 1 year challenge. :-)
Market crashes are nothing new. Wasn't expecting to happen, though I'm sure it will go back to normal. Steem on!