Where the Ship Is Heading

"The Asteroid Files are an archive of my detailed, real-time accounts as a cryptocurrency trader. I am not one for posting frequently, but a friend told me to do a fun little series on how I trade, what I trade and why I trade. Maybe this could turn into something fun. Maybe not.

Either way, I'm going to enjoy myself and tie in some fun science fictiony type of stuff with my daily trading endeavors.

Hopefully I can either bring some direct value via entertainment or my sheer trading awesomeness. Regardless, anything you read in my files are not to be taken as financial advice, as that would be wildly irresponsible.

Invest at your own risk and seek help if you are not experienced. My posts are for entertainment purposes only, especially considering that the title of this series is about asteroids which has absolutely nothing to do with trading... or does it?"

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Asteroids Portfolio Snapshot:

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Where I See This Ship Heading

Steem is often referred to as a ship here on Steem.

I am relatively new to blogging on Steem, but I have been a passive Steem investor for quite some time now. My initial impression of this blockchain way back when I first started trading STEEM was that it had quite a bit of potential.

As time has passed, I have not lost that conviction. I still believe that Steem has a lot of potential as the base currency to the social ecosystem that is being built here.

Yes, the goal is ambitious.

Yes, it will take a long time for this blockchain to reach its potential.

Regardless, it's all still on the table.

This place is really great and the currency itself is way undervalued.

As you can see from the chart, the price has been taking. This sucks, but we are still early on this journey. In the short term, I see STEEM bumping back up and testing around $0.16. At that point, I will look for some arbitrage plays. For now, I am buying as much as I can at this low price.