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Catching The Falling Knife

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Sure you might bleed, but what fun is playing it safe?

ETH/Steem is at it's lowest point since early January. I took this opportunity to buy 1000 more Steem for 1.9 Ethereum. Seemed like a good deal. I now have more than a dolphin's worth of coins on Binance. Feels pretty nice.

Contrary to the previous falls, this discount wasn't created by Steem price going down, but ETH price going up.

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The recent news of MIRA seems promising. Probably what tipped the scales and caused me to make this impulse decision. However, Steem and Ethereum are my two favorite coins so I can't be too shaken up if this turns out to be a mistake.

On the other hand, there is a lot of development going down on Steem, and no one is talking about us. We aren't exactly on the crypto radar. Here's to hoping for those mythical summer gains.


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Catching The Falling Knife was published on and last updated on 06 May 2019.