I sold in to SBD before this last pullback but instead of trusting myself I bought back in at a small loss of about 3 steem. Since then the price has dropped back to 12 cents. I have been Holding and leaving all my Steem from author rewards there. I don't see it going under 9 cents with any volume. Having seen more volume in the upswing than the correction I get the feeling most people are unwilling to sell their Steem this cheap and only a few whales can power down and make anything here. I am also speculating on the next hardfork driving the price up.Despite having a bad last trade and the price falling to just above or at my buy in. My over all account value is up. So is the number of Steem and Steem Power I have. the 476 Steem @naturalista started with when she sold her SBD and sent it over has become 650. I am Counting the Steem from my author rewards toward it to help us increased exposure. When we finally hear more news about the economy changes I expect more up-side in a hurry so I can't sell here . That would be throwing good money after bad. If it goes under 9 cents maybe I will look to dump and buy back in at 9x the Steem around 1cent. Right now I think this is the floor or close to it. As always. Don't take my advice. Do your own due diligence.
