RE: The Price of Steem Will Always Go Down... It's Supposed To : The Magic of Steem Power

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The Price of Steem Will Always Go Down... It's Supposed To : The Magic of Steem Power

in steem •  7 years ago 

I am new to Steem. I invested in Steem Power because I thought that was how to invest in this long term. Meaning if the market increase from $1.6B up to say $10B, I will see that increase in my holding of Steem Power. Am I correct?

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This article is very old and is no longer relevant. But yes, holding either STEEM or SteemPower will benefit more or less the same with an increase in market price. The primary benefit of SteemPower is it allows you to earn from voting where just holding STEEM does not.