I've been reading up on crypto trends, and it seems like crypto sells off in summer (people are going out on vacation and take profits). Then when school goes back, and Fall hits then crypto bounces back a little. Then it pulls back again for the holidays.
Then January hits, giving a nice bounce. But the craziness doesn't begin until the end of February when those tax refund checks begin rolling in.
If we are indeed looking at a cycle, then a dump of Steem this summer might not recover back to where it was until after January.
Picking up Steem throughout the summar and fall will be cheap and if done at weekly intervals in small amounts, you could level out the losses and gains. That may be a better strategy than huge purchases of Steem Power now or even in a few months.
Then again, I could be wrong and Steem goes to the moon like tomorrow.
RE: Good News for Bitcoin - SegWit2x to Wait Until SegWit Finishes 11/15/17