POWERING UP NOW. IS IT A RIGHT DECISION?

in #steemit7 years ago

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With the panic everywhere, bloggers getting attention of the fall of bitcoin or maybe a potential crash. Well, majority of BTC holders are selling off their coins. But instead of me selling the little I have in my wallet i decide to do a power up where one steem is almost trading for. 1$ right now unlike where i did a power last week at the rate of $1.8. Wao this is a good opportunity. Though am observing to see if it falls below that mark. Maybe i will have to do more power up. To me i think this is the right time to buy steem.

You leave your opinion. Thanks.

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You get more for your posts if you power up. I don't know if it makes sense to buy Steem in order to power up. I just reinvest the earnings from my account.

Uhmm @barnacat Powering up for external wallet is a choice. Also i do power up from my accumulated SBD. But when you understand steemit well . then is a choice to know where and when to power up. You can check my previous post where i explain this on a video tutorial.

Yeah, buy the dip in stages, buy a little today , buy more the next day etc.

Uhmm nice idea . thanks for the tip

Everything in crypto seems to be down now, if you check coinmarketcap you will realize the first 100 c0ins seems to be all bearish except few.

So generally the trend is down and maybe a good opportunity to get some before the next price hike.

I can't vouch for other cryptocurrencies but i am pretty sure this is the best time to get a lot of steem at a ridiculous cheap price and then just power up some more

@bania you are right. Good one

Yea, thanks

"The Advantages of Powering Up". Would make for a good article, don't you think?