Today, there was a dip of up to 10% on Steem. EOS went down 12%. TRON went down around 6%.
I mostly wanted to buy some Steem. I have limited funds at the moment. However, given the dip, I decided to buy a little bit of all three.
I am buying Steem because of my recent decision to commit to making myself a part of the community here. Having a bigger stake makes my comments and upvotes more welcome :). Of course, it also means that my rewards are greater. At my level, a brand new Minnow, forming perhaps .0001 of the Steem economy, I don't have any illusions of striking it rich here. It's going to be a while. Theoretically, it should take 10 times longer to become a dolphin than it did to become a Minnow. Realistically, I don't think it will take me 80 months. However, the more stake I can buy, the sooner I can level up.
Tron and EOS are in my portfolio because I got lucky with Ethereum a couple of years ago. I wanted to have some Ethereum ready for the day when dapps and commerce were possible. I forgot about the purchase. Months later, I had a nice windfall. Similarly, Tron and EOS seem to have a lot in the works that should attract users. Having some of those currencies would help me either experiment with their dapps, or provide another little windfall. Either way, the price dip was an incentive to split up my Steem purchase into all three.
Soon after purchasing, I noticed that prices were starting to creep up again. The dip helped me stretch my small purchase a bit further. It was a good day.