Hi guys, if you believe in Steemit and freedom of speech now is a great time to load up on Steem, and especially Steem Power.
Yesterday, I decided to make a move. Before yesterday, I had around 2500 Steem Power and I wanted to double that amount, but I thought that when the price was around 2 USD, it was not the time to do it.
Now, however, the price of Steem is around 1 USD and this an attractive price for me in order to power up. You should always buy during pullbacks if you have a chance and this is at a time when new Steemit accounts are increasing in large numbers as well.
Here is my evidence:
Anybody else doing the same?
Congrats on the bold move. Fortune favors the bold!
But if bitcoin continues to drop over the next two weeks, we might see Steem and all the other alts drop even more. The bitcoin scaling debate does not seem to be over just yet.
Even if Segwit2x gets passed, there is still a major risk of a chain-split in November when the 2mb hardfork is supposed to take place.
Right, I would say that the best thing would be for Bitcoin to quickly fall down to 1700 and stabilize before August 1.
We need to be prepared for big crocodile teeth as Clif High says!
The problem with the alts is always liquidity.
Will be interesting to follow, for sure
So do I get this right that at 1$ for 1 STEEM, you gotta pay 1$ for 1 STEEM Power?
Omg, those currencies...
freeforever, we need more people like you on this channel.
Btw. you can find out about yourself at this terminal, I found you based on what the machine thinks I like about you, haha.
I love STEEM POWER......Everyone should POWER UP !!!
me to :)
Awesome!
I totally agree. And I would buy if I got some money
Yup, that is the crux, to have money available at all times...
yes waiting for it to drop a little lower and then put my savings for investement in it :)
great, I think you will make a perfect decision
I've got about 70 Steem on Bittrex. Just wondering if its a good time to transfer it to my steem account. As steem or steem power. Im new to all this. Or leave it on Bittrex as a long term investment.
Any advice would be appreciated.
@evilplague
Hi, it might fall a little bit further, but if you transfer them to your account, you will get some more "network power" and that would serve you well.
Otherwise, you could just transfer half of it now as a compromise. Then you can easily sell half your Steem whenever you want.
Ok. Thanks for the advice.
I am also checking the price of steem the last couple days, at one point it dropped to .98 cents per steem - but then shortly after it went up to 1.01+ , i am sure others are also watching the price of steem and buying when its below $1, so you have to be quick :)
yeah, you definitely need to be quick. Yesterday I wrote this piece and Steem could have hit a bottom:
https://steemit.com/steem/@freeforever/breaking-news-steem-is-rebounding-but-will-it-last-analysis
Ok i will try to check it out. I might put in a steem buy order for like .90cents incase it goes down when im sleeping. But it is also only July 14th today, so i might wait and see how next week looks or at least closer to Aug 1st. I know steem should not go down too far, but when btc goes down usually everything kinda follows.
Yeah, in the last couple of months Altcoins have followed Bitcoin, but earlier than that it was the opposite, so the correlations could change.
One other option could be to buy half now, and wait for a better opportunity if you are willing to wait.
Yeah i havent thought of that. i am just hoping bitcoin will drop down under $2000, highly unlikely but hey we will see .
:)
am doing that to power up...
sweet