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RE: Cost Basis Reduction with Intermittent Purchases

in #steemleolast year

Nice explanation. I never like to to invest in falling knives, but using the cost basis method, over the last two years of investing in Steem, my cost basis is around $.80 to $90. My goal over the next 6 months is to cut that by 25-50%.

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So if Steem spiked up to $1 tomorrow you'd be a sad panda :D

Yes and no. I would be sad to see cheap Steem gone, but would be happy if it represented Steem starting to moon. 😀🚀 🌝

Thank you, I have similar goals and the low price has been helpful.