Man, DO NOT SELL if steem makes it to 3$, hold!, it will go much higher over that!... Actually it should go over 10$ or more, and after that there is no limit...
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Man, DO NOT SELL if steem makes it to 3$, hold!, it will go much higher over that!... Actually it should go over 10$ or more, and after that there is no limit...
Totally agree! However I have a family of 4 to support and this is my income ;)
So don't have much choice currently. But with consistent quality posts, the steem keeps rolling in :)
Thanks for your support 🙏🏻
I think you can do ok selling a little bit, but try to hold as much as you can!... Actually, the higher the steem price goes, the higher your rewards are going to be in steem dollars, so you can cash out those! :D
Love hearing it 'the steem keeps rolling in.' I am head of 4 here too. What is it about staying powered-up? Interesting to learn a bit about powering down, strategies for profit taking.
Does the steem were are powered up with still appreciate with price increases?
When would a steem newbie consider powering down?
All depends on your strategy. When price goes up, so does your power. When price begins to drop, power drops too. As a strategy, it may help to power down when price begins to drop after a steep rise. But this should occur if it seems likely that the drop in price will continue south well after you have powered down. Hope this helps! Take care.