Thank you for this info.. If steem rises to 40 usd, would you recommend to sell or hold? For me, I bought some steem so I can power up, so, I don't have much liquid steem. Even if it goes up to whatever usd, I can't really do anything but hodl.
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That is a good question. I know for me personally I would be selling some for sure at those prices. Though, if steem were to get to those prices it likely means there is some major fundamental development. I think the prudent thing to do is sell some when prices are running up so that you can put it back to work when prices are falling.