**I notice today all my blogs are paying nearly double what they where yesterday. The price of Steem was around $10 last night, and i cashed out 59 Steem for 0.028 of a Bitcoin. The last time i cashed out some Steem, i thought i was getting a great deal at 170 Steem for 0.031 BTC. Amazing how my perspective and expecatations adjust with the price rise, somehow i feel like i deserve this current very high price now.
Of course if Steem where to retrace to around $1 in value i would of course be disappointed, but i have to realize that this is a long term game, and any returns are a bonus. Compared to other Social Networks, at least with Steemit we are all earning something while enjoying ourselves here.
I will be hanging on to all my Steem Power for a long time now, and i just cashed out a couple of times to learn how to do it, and make sure i have something to show for my efforts.
Wishing you all well with you journey on Steemit.**
Steem is doing great, the price and the fundamentals as wel!
Steemit will surely hit it big in 2018... the momentum building around it is just keeping the right notes. Congrats!
for sure
If it goes back to a dollar I'm buying a thousand
I'm buying as much as I possibly can this year
me too
oh man, if this goes back down to a dollar, im dropping everything on it
If you hold your Steem a little bit more, then you will make more profit. This high price will have a ripple effect. It will attract more users and will push the price even higher.
Unfortunately, I have sold most of my Steem in the past months and now, I regret it. I am planning to buy some now.
earn it
It will really be wise @daydreams4rock to hold back on some steem Power now. Steem is mooning steadily
thanks Em - i follow u now
You are welcome
I have only powered down to see the procedure and played around with steem dollars a bit. Thanks for your post I re-posted it for you.
thanks Brad - i follow u now and appreciate your resteem
I appreciate the honesty, I for one wish I was able to buy more before DEC 31 I knew this day was coming.
the steem price will be up and keep you effort and you earn many many
for sure
It will go up higher when the price feed reflects the current price. Now it's only at $5+. When it reflects the $7 - 8, then it's even better.
all good
2018's the year for steem!
yep
Even if you’re powering down a small portion of your overall Steem Power, you should be able to withdraw while actually still building your Steem Power each week.
all good -- save or spend it is great to earn steem
To the moon!
I do kind of wish Steem would go back down a bit though so I can bring some of my investments back into Steem from other cryptos.
it is the nature of steem to fluctuate
It is getting expensive to buy steem or SP.
If you earn it, it is less tempting to sell it.
keep on steemit.
true
Congrats!!!!! As a new member of Steemit, I'm hoping I get to enjoy spoils in the future like you experienced over the past week. Good luck! Have a great year!
i started in june
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Fantastic mate! I'm glad to hear that you took some play STM. It's not all about work and work, a little reward here and there is always necessary.
All my Steem is SP at the moment, although I want to build more SP, I think it's a smart idea to convert Steem into BTC and wait until Steem is down again to buy again.
What's your long term strategy for Steem?
seems so tempting to keep earning SP and converting small amounts to BTC while it is worth so much
so true :)
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steem is great! hopefully the price will rise even further in the future🚀