Hey everyone, interesting aprehensive times in which we live currently are they not? I am in a situation with a 6 week old infant his Mother is already witholding me as a means of 'leverage' against me, and with South Africa in imminent lock-down and based on the fact he lives with her an hour away I am not sure when even I will see him again, so to say life is a little tricky currently is a mild understatement.
But back to topic of the post! This title needs no introduction and for all of us regular posters I guess we are all faced with the same question. To Power down and cash in our Steem or not?
I have been trying to access my Binance Steem deposit for a few days now, to no avail. 'Wallet Under Maintenance' today I got lucky and it would seem Binance now takes Steem deposits. I had 100 liquid Steem I swiftly transferred to binance sold to BTC and purchased more ChainLink. Good idea??
100 Steem purchased me around $17 BTC which to be honest and the way things are going much more than I expected, I will be most pleasantly surprised on the next power down of 200 SP to get around $35??
My thinking is simple, the brains and backbone behind Steemit are now all on hive as well as all the members, why would hive not way surpass the former greatness of Steemit in 2017 and Steem $$ at $10 odd? Should one not power down and in 3 months time it all becomes completely useless and worthless big regret?
As for me and my house, I will be powering down and cashing in, what about you?
Trust you have a super cool Tuesday evening.
Cheer$:)
I’m going to hold on to mine even if it goes to zero we really don’t know what’s going to happen so any crypto I have I’ll keep, because this Rand is going down the tubes
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
True bud! Are you South African? My thinking is I would rather cash it in carry on with hive as usual and invest powered down Steem into legit projects Chainlink Vechain etc? Your thoughts? Cheer$;)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes I am, a Kaapie to be exact. Oh I would also think of going that route, if you feel all in for hive, I would do it and pick up some other alts. I already have some chainlink and will defs be picking up some more.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Put it into staking or lending so you can still earn interest on it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi @craigcryptoking!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 3.523 which ranks you at #4316 across all Steem accounts.
Your rank has dropped 30 places in the last three days (old rank 4286).
In our last Algorithmic Curation Round, consisting of 171 contributions, your post is ranked at #142.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit