I power up on occasion of steem power up day.

in Project HOPE2 months ago

Greetings friends!

I am glad to inform you that I powered up my steemit account once again. This time it was not as big as it was in the last month but something is better than nothing as it is said.

SP.png

My last power up was bigger one. In that one I staked 250 steem power and increased my stake of delegated SP to @project.hope. Now my total delegation to @project.hope is 2500 SP. I made a mistake thinking that steem price would go up and I would be able to sell my steem tokens at higher rate. Unfortunately, this didn't happen. In fact, I decreased my profit through this misadventure. It was bad for me. Later I changed my decision and stopped power down. Then staked more and more Steem Power. Now I have over 3200 SP out of which I have delegated 2500 to @project.hope. Once I would have reach to 4k SP, I'll delegate 500 more to @project.hope.

In my country government is not supporting cryptos with full support. It has made crypto lovers to pay heavy taxes on crypto transactions. This is preventing me from buying more cryptos. I don't wanna pay 30 percent tax. This is ridiculous. Otherwise, I would have purchased more and more steem tokens as they are very cheap now and would have delegated more to @project.hope. Hopefully situation will change some day and I'll be able to invest freely in cryptocurrencies of my choice. Till then I'll have to wait patiently.

Thanks!

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This is really great to see that you are actually able to power up so much of that