Steem Should You Buy Or Sell It All?In my last analysis I predicted a Steem price between 1.75 and 1.90 which is about where we are right now. Steem seems to be inching lower lockstep with BTC. If you do your BTC analysis you will know that we are likely going to fall further before we move any higher (around $1000).
Full disclosure I hold both Steem and Steem Dollars.
The goal of most alt coin holders is to gain more BTC. That is unlikely to happen with Steem or SBD until BTC has corrected course. I wouldnt be surprised to see Steem hit 1.25 or lower while BTC continues to slide.
If you are timing the market to buy Steem at a discount - we still have quite a bit of pressure to move downward - I wouldnt buy for anything less than 1.50 or more likely 1.25.
If your in the Steem and looking to make a move - you might want to get your position to cash and wait for the inevitable downturn - before the market goes bull again.
