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Why did steem coin going down day by day....

Chanchal

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I hv purchased steem coin from 2 mnth ago .dat time steem price was 50000+ satoshi..bt now steem price is 250000+ satoshi...
I m in lose period...bt i still hold my steem coin ..may its growing very soon..wat do u think
 
There is rumor that the owner of Steemit is gaming the system. It sounds fairly credible. The informational value of the articles that website generates is beyond trash, which bodes poorly for its long-term prospects. I haven't seen such a large collection of junk data since the days of keyword stuffing your meta data.
 
Steem is a bit odd currency. Instead of mining they make use of content as a means for transfer. This type of the stuff can be bad for the cyptocurrency. It can be manipulated. So it's hard to learn how it goes up and down. I think it'd be reasonable for the steem to go down if there are too many regions for the manipulation. I perosnally think one can earn steem and buuy bitcoins with it.
 
I hv purchased steem coin from 2 mnth ago .dat time steem price was 50000+ satoshi..bt now steem price is 250000+ satoshi...
I m in lose period...bt i still hold my steem coin ..may its growing very soon..wat do u think

Just hold it and think positive. This coin will make its rise in the coming months
 
I hv purchased steem coin from 2 mnth ago .dat time steem price was 50000+ satoshi..bt now steem price is 250000+ satoshi...
I m in lose period...bt i still hold my steem coin ..may its growing very soon..wat do u think
I think you better hold to them,than to sell them at much lower price...there is a hope that the price will rise again...if you sell them now,and the price will rise is will be very frustrating...anyway look and search on trading sites,maybe you will find some good tips there...
 
I agree with overcast cos it the coin is be mined the price won't drop as such, however the normal for coin to go up and comes down cos hash power for miners differ and most crypto traders sometimes experience loss too.
 
I hv purchased steem coin from 2 mnth ago .dat time steem price was 50000+ satoshi..bt now steem price is 250000+ satoshi...
I m in lose period...bt i still hold my steem coin ..may its growing very soon..wat do u think
Holding the amount is a wise decision, sell your steem coins when the price will be profitable. Now just keep patience.
 
You can't do anything at this point.. just wait and hope that the price will go up. If you don't want to risk, then wait until it only increases a bit then get the money out, this is of course if you are afraid that it may go down.
Most of the people,who are having cryptocurrencies in their wallet,start to the sell them,as the price of them drops a little bit of more.And that is the moment,when experienced cryptotraders buy many cryptocurrencies,because they know,that the price of them will go up again.This way,they make a huge amount of profit.But to do all these things,you must be an experienced trader.
 
This week noticed that lot of people are spamming ons teem. Also the amount of people stealing the iamges is going higher. And the people are asking for patreon instead of the steem. so it means that there are some really good people who do make money per post. and then there are some people who need steem coins for their transactions. so that all depends on how the content is being upvoted. that does take time.
 
Most of the people,who are having cryptocurrencies in their wallet,start to the sell them,as the price of them drops a little bit of more.And that is the moment,when experienced cryptotraders buy many cryptocurrencies,because they know,that the price of them will go up again.This way,they make a huge amount of profit.But to do all these things,you must be an experienced trader.
You got to be brave as well :p I mean you are risking money obviously and it takes some courage to do that. Experienced traders have strategies of their own on how to calculate whether the price is gonna increase or not . They are really smart :D
 
There is no big movement in steem price and don't r except it will rise more in future because people creating more steem by writing content huge supply is there. I think steem will trade only between 0.9$ to 1.6$ only.
 
At this moment, Steem is ranging from $0.15-0.16. I can't see it reaching a new ATH soon because Hive was forked from it, which has more support from users. However, I want to see Steem going up again. I am still posting on Steemit.
 

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