RE: STEEM: current prices a dream or a nightmare? by milano1113

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Viewing a response to: @exyle/steem-current-prices-a-dream-or-a-nightmare

· @milano1113 · (edited)
>STEEM: current prices a dream or a nightmare?

# Both! 😱 & 😃
Many steemiens are used to living of Steem rewards. They used their rewards to pay bills... Now with Steem price too low, they are forced to power down. Unless this drains out, unless people stop powering down for that reason, Steem price will plunge even more. It sucks, but at the same time, it’s great opportunity for new investors. I’m glad I reconsidered buying Steem at $1.00. My cash is now ready if Steem drops to $0.50. I may use it as a swing trade, because Steem will be **”extremely”** oversold as it already is oversold.
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