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RE: steem : Is it safe to Invest in Steem today ?

in #steemit8 years ago

A rally won't be a permanent price increase, and to be fair it's dropping because its easy to get. If it goes up it'll most likely be a p&d, and then it'll be back down. It sucks, steemit was a good concept but immediate withdrawal of sbd, and initial high pricing behind steem maybe it slowly wilt.

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you may be right sir . but looking at todays drop i think there will be quick up side atleast for a once . if fundamentals are not supporting , developers have to for being in race cryptocurrency . Operator may give it a boom after obtaining some good stake at this lower price . Though it's my view . i may be wrong ..

Maybe, a large concern is that alot of non crypto community members are joining here just for the money then dumping. And its a decline in steem price associated with a decline in btc price ~ usually it's a rise when btc declines :(