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RE: AskSteemit: What are your thoughts about the recent uptrend in price?
I cant say I dont enjoy it, but there will probably be a correction simply because its gone up too fast too quickly. People are probably powering down waiting for next week to cash some out. Just my opinion though. I also think the steem increase might be from people taking steem dollars and converting them back into more steem because the ratios have seem to gone down a bit.
Excellent point. I’m sure they’ll be people who will be cashing out. Is my opinion, but I believe Hodl is the way to go with Steem. Best wishes.
Yeah im powering down just a tiny bit just in case I think I can sell and make more later, but not selling it permanently just leaving it in steem so I can power myself up any time I want.
When you power down, do you get to choose how much SP to power down, or does it slowly just start doing all of it until you stop it?
Concerning the rise in steem, i think its going to contimue like this for a week or more but it may come back to normal when no one expect it..... Its rising every hour because i do the follow up. We just have to be careful about everything!!!
I agree, @splendorhub. HODL.
I agree. It seems to me that the high Steem price makes more sense than a high SBD price does