For the Last Four Months I Have Been a Seller of Steem.
As Steem climbed throughout the spring I was powering down my Steemit account and putting that money into other Crypto Currencies that I felt would bring me more profits in the short term. To me Steem and the Steemit platform was not showing me anything exciting. Unlike many folks on Steemit I do not cheer blindly for the crypto currency. If the signs show that the token will fall in value I move on to something else.
The momentum is shifting for Steem.
- The chart looks great!
- SteemFest is Coming.
- If the RoadMap is Followed Communities on Steemit will Be Rolled Out Soon.
- I Sense We Will Be Leaving Beta Soon.
- Serious Non Crypto Influencers Have Been Joining Steemit.
- New Tools Like Dtube are Being Launched.
- When Everyone is Negative it is Time to Buy.
The Steemit Chart for August 25, 2017. Provided by My Friend Cory Barnes. Is a Breakout Imminent?
The Crypto Rubberband Effect.
If you follow me you see this term used often in my posts. Bitcoin and Altcoins traditionally act like a see saw. When Bitcoin rockets the altcoins drop and vice versa. Currently Bitcoin is very bullish. This has slowed down the altcoins but don't be dismayed. When the money comes back to altcoins tokens like Steem will benefit. I personally think Bitcoin will peak out at $5,000 in the short term and then begin trading sideways.
This is great news for Steem. When the money gets bored with BTC the traders will look for opportunities. Steem is ripe for a pop because it actually has a use case. Imagine if Steem was discussed on CNBC or in the NY Times. This might not happen in the near term but I sense some positive gains for Steem in the near future.
I will continue to powerdown my Steemit account for the time being. I have nothing against Steemit. I just prefer to have control over my holdings.
This is Not Investment Advice. These are My Personal Crypto Currency Trades.
Glad to hear this @hilarski 😄
Just don't shoot the price up too quick too fast on us! Some of us wanna power up a lil more also before this rocket takes off 😏🎉💥
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I feel real good about steem because it has something used by people everyday that is growing. In combination with with censored people from YouTube goin to Dtube. I see great things. Great post and info.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
There we go @hilarski, an old g+ buddy from way back here! I think you are seeing the field clearly here. I've been on Steemit for almost 3 months, so I've done a bit differently than many here; I haven't taken a dollar from this platform, but have tossed a few bucks in the pot. I believe I'm involved in something incredible. I like to do my homework, as due diligence is absolutely vital in any form of investing, but my experience on Steemit thus far makes it hard to keep from slapping the ask on STEEM! It's something that I want to see propelled into the world of social media and dominate. I don't do the 'rest' of the major sites anymore because I'm burned out on them - it's not fun anymore.
Steemit has some kinks to iron out, but they are bringing in new talent to the team and I have seen some positive action that makes me want to further my participation in this platform. I love what I'm seeing for the long term, but to be honest I function with a mentality of a trader, not so much an investor. I want to be seeing this as an investment, not a trade. So, I create content here. Time is our most valuable asset, right Randy? Thanks to @finnian, I'm here so we can all see this beta splash into the big social ocean!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
A good friend of mine tells me to trust my gut. I've burned myself numerous times for not. This place is going to take over the social media Internet in my opinion. When it does, what will happen to the price of STEEM? It should go up quite nicely when 300K users goes to 3 million!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Oh yeah, @finnian, STEEMIT is a ROCKETSHIP 🔥🚀🌕
You know it'll look like an episode of the Price Is Right 😆
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's a pretty safe bet. :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
We're on the right side of the trade, I firmly believe that. I consider us to be early to a great party... Steemit is lacing up the running shoes, brother!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Agree with those sentiments. I'm finally in the midst of powering down so I can add to other cyrptos, mainly NEO. Until Steem gets established above 33k satoshi again there is no point in having bullish talk. Hopefully it makes the push soon though.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hopefully this time we break the all time high.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think it will.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The best part with investing in steem is that if we buy SP with it , it grows by itself like the body cells. The more SP we have the more value of our upvotes and we get in return. This is not the case with other crypto-currencies.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So true!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, I'm ignoring all the FUD, and my SP will continue to be built. Steem Power is one of many long term baskets for me, and I consider it part of my retirement wealth! There are "only" 300K users here for now. Imagine what will happen once there are 3 million? Then consider how many users FascistBook has. What happens when even a small fraction of them switch?
P.S. What is your stance on CDX's initial offering in less than 12 hours? I just listened to a @sgtreport video about it, and I'd be curious to get your far more knowledgeable opinion on it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I have never heard of CDX @Finnian. As far as building SP, I would rather have my BTC working for me. I will keep mine around 10,000 Steem.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
My goal is 5K for now. I'm not sure what I'll do from there. :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very positive information for Steemit. Thanks for keeping us updated.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great post! I upvoted and im following you!
If you want you can participate in my contests and win steem dollars.
My latest contest here: https://steemit.com/contest/@nunojesus/5mj8ch-contest-name-that-country-win-sbd
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
having control on holding is a must now because steem is going to have some huge magic coming soon as per my thinking it has huge potential
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think so also, but I will sell when everyone else is buying.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You're objectively investing, it's not like you're running from the platform. Steemians should always do what's best for them when managing their investments, not necessarily have a blind loyalty to the platform.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Exactly, I just like my money working for me. Curate and make 30 Steem a week or make an extra 1/2 BTC a month trading? I prefer the trading.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi Randy, I like the objectivity you display about steem and that you don't blindly promote the platform or its currency. Refreshing here.
Also i saw you posted some of your holdings in a replay on a previous comment. What about investing in Bitquence. I love their product and their proof of stake with predictions is also very cool. I made a post about that some time ago as it really impressed me. In any case i digress, thanks for the objective posts. looking forward to the next one.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
There are so many opportunities @Attalis. If something looks good, jump on it. I missed out on Salt even though my buddy Shawn is a founder. I can't do them all.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Agree, shame you lost out on it. but indeed there are so many. i also lost out on more i would care to admit. Anyways, didnt miss out on this one luckily. Now looking for the next one. Good luck!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think it might go down for awhile also, then it will go up.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Already went up tonight!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great piece! I wish Poloniex would let me access all the STEEM I had on the side. I put it in and the next day their STEEM exchange went down. lol
All the same I can't wait to see what's next for STEEM.
@StephenKendal has forecasted about $4.70 USD I think by the end of the year.
He correctly predicted the $2.80 peak at 46 cents. :P
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I sold that last ride all the way up. This time I am locked and loaded. Poloniex are dirt bags, good luck.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
amigo #resteemia at your service
'I have nothing against Steemit. I just prefer to have control over my holdings.' respect the way you think. nice tips shared @hilarski
ReSteemia
'UpVote ReSteem Comment'
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
comparing with the current btc price some altcoins rise with it. like monero and dash, but steem still seems to lagging. but i took this one as something special rather than kick off and then falling down . Steem is steady with the current price and stable for a long time now. like ripple. i think that is sound for a long term stability. rather than dump and pump.
I agree with your personal view. as bitcoin will sure passing 5000USD in short time. So I am positive with Steem.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I can't believe Steemit is only beta... holy s**t wait till alpha!!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I really really appreciate your direct honesty. So refreshing. I trust and look to your example very highly.
Thanks again!
SteemON!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Fully agreed on that. Steem has such a potential.
Resteemed :-)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That is a wise decision not to go aboard the hype-train. I see too many people either cheer the platform heavenly or complain a lot. I like to stay in the middle and keep critical, as I see both its bad and good sides.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Looking at the graph you can see that it is going to go to the moon sooner or later.
I've seen some posts and graph indications that suggest if the coin is going down in a stair like fashion that it is going to boom anytime soon.
I can't wait for it to happen @hilarski
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
We should have some accumulation first, trading sideways. Then boom it will.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Communities will be the single biggest thing to take Steemit to the next level and I cant wait!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Steem will rise again
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post received a 3% upvote from @randowhale thanks to @arobert! For more information, click here!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Stop spamming and using @Randowhale inappropriately.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Ive been buying STEEM recently also.Hopefully good things will come to STEEM soon !
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I bought few amount of bitcoins worth $70 today I converted them into steem and started trading 😍
Hope steem value will rise because of my investment haha
Resteemed and upvoked @hilarski
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You did well with that trade!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Upvoted & RESTEEMED!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you so much!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@hilarski,
Ups and Downs are just usual in crypto trading. So, if STEEM drops that also mean it will rise up ;) Time will sort out all problems ;)
Thank you very much for sharing your valuable ideas with us! Really appreciate it!
Cheers~
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The problem is that Steem has been lagging. It needs to kick in gear.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Taking my Bitcoin Cash and dumping it into Steem this weekend. I don't see BitcoinCash going anywhere.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I need to agree. If oudside none crypto money is streaming in it means it wil rise soon.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Awesome! Looks like it will break out soon
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That is what it looks like. It may take a few weeks but I will be buying until it does.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good choice, steem is way less risky, since you get interests and rewards and already have a community which helps stabilizing
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
definitely great news for steem and for us too :)
upvoted !!
if possible visit my post too thanks :)
https://steemit.com/photography/@applesspatrick/some-of-the-pictures-that-will-make-you-think-twice-about-the-secret-of-north-korea
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I love you and love your publications I want to be like you and I would be grateful that if you support me, I love you, O Great
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I like your 7 reasons man, so go to moon together
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am ready for round three of the Steem Train. Hopefully this time we break the all time high.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes sir, i hope the same and with the marketing and the community supporting the project i think the next pump will give us huge profit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
just a small assumption on my part
why power down? i mean, the account is worth 17k
i would think that that is not really a huge amount of money for someone that has been in crypto as long as you have been...
and i can understand the need for liquidity but why not just take your earnings that you make from the posts and take those out while leaving your account to accumulate?
that is just the way i would do it anyway...
especially with the signs being everywhere that the whole market is going bearish...
might be wrong but appreciate the honesty and openness
at least you are not sneaking around
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I constantly roll over my crypto. If I can turn 1 BTC into 2 BTC in two months that is what I will do. Adding 1/2 BTC per week to my stack weekly while I powerdown helps my stack grow exponentially. If I did not trade it would definitely make sense.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the analysis @hilarski. For been succesful in trading you must be flexible and grab the opportunities while appear. Its obvious that you act this way.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you dear @hilarski! I think you're right
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think the same, I like steemit but if other Crypto Currencies offer me more benefits optare for them. ;)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Curious what alt-coins you are a long term hodl of? I just bought PAY tokens from steem and of course today big drop. I like Ten-x but ouch!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I own a ton of Pay as well. They have big news incoming but I don't know what it is yet. I also own Adex, Stratis, Metal, Zencash, and Omisego. I sold my EOS and will buy back in when it gets closer to launch.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Ok thanks, Ill look into those other coins. I'm using whatever I get from steem to convert to other currencies. I'm hoping one day Ill be able to double my steem one day this way. However I might just keep holding TEN-X as it seems it will have a great purpose in the future. Especially since the Simpson predicted Trump.. so TENX must be part of the future as well ;)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's sound pretty good opportunity to buy steel and hold.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's great to read your perspective, as I just got into Crypto this year and joined Steemit in June.
I like what you said here:
I am really positive on the potential of the Steemit platform because it is social and in my experience building networks is valuable. I have a very hard time making good predictions about how the value of crypto-coins will rise, so for now I'll be doing what I know how to do: read, write, learn and connect with people.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'd prefer Steem power up myself 100% soon enough that one day when you will be able to make use of this platform and spread the power of human connection ! Great Post as always !
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
nice post @hilarski sir, i also saw today that @exyle also working on introducing a mobile app for steemit, with the induction of such app the more youth comes into to steemit and that's also a great sign. thanks for sharing
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great strategy , it will be huge:)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I had quit for 9 months and powered down at a low point.... wish I had heard
"When Everyone is Negative it is Time to Buy."
before then! Good read and thanks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
very informative post. love to read it .. thanks for sharing.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm a little concerned about steem wallets being disabled on the exchanges. Poloniex's wallet has been disabled for what seems like forever. But now HitBTC's steem wallet has been disabled for about 5 days.
It looks like there is a problem with the wallet itself, and I hope they resolve it because otherwise we'll all have coins which we can't send to any exchange.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It makes me nervous as well but Blocktrades is a good backup.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm also hoarding steem for the long term. The website is already growing as a blogging platform so it is inevitable that the exchange rate will skyrocket.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am able to see the value of steem but not in the short term. Like you; I will not blindly buy into dilusional optimism or an overhype. I like to do thorough research about a particular investment opportunity before making any such critical decision. Because I am able to see the current and future advantages of using the steemit platform; I am not skeptical for those who are constantly whether on optimism or careful research.
Regardless; it is difficult for me to convert any of the already-bought altcoins for steem. They too have promising longterm and shorterm benefits. What I plan to do though, is invest in steem from the % profit made by the other altcoins I have in possesion.
Steemit has the potential to surpass Facebook; but not in the way people think. Instead of just a social network, Steemit is the bridge (still in construction); between the Social and Cryptocurrency world.
I however fear that steemit may have just been an experiment as a much more improved social platform can be built on the EOS blockchain. However; the fact that many alternative and improved coins has surfaced to replace Bitcoins, yet it remains the leading and mist valuable cryptocurrency, is a bit comforting. A large part has to do with the amount already invested in Bitcoins and its already established popularity. Steemit's very nature being a social platform means the rise in awareness of steem as a cryptocurrency will surpass Bitcoins .
The future is brighter than ever!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I can't wait to see what can be rolled out on EOS.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I have made 2 or 3 posts about Steem in the last month and since my first post and power up it has only gone up, I don't know what do you see that I can not see, but I think the time to stop powering down and start powering up should be now ;)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Steem will go up for a while I believe. If Bitcoin drops Steem will get hit hard, but it will be short-lived. I will keep my account at 10,000 Steem for now.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, and with the announcement of the upcoming mobile apps, I feel Steemit is going to be quite popular from there on. Having a presence on Google Play and the Apple App Store will make it that much more easier for people to give Steemit a try. Thanks for sharing! I'm trying my best to increase my Steem holdings. Exciting times ahead!
😁 I'm a dedicated Steemian... I write poetry... And I could use a little support 😁
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That would be awesome, especially if it is promoted well.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Everything has hit a breakout. Lisk, Waves and Factom even. Steem is on the list for sure!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
A good fund management to diversify crypto holdings into altcoins, but wouldn't it be better that when the price rises, you should power down and sell, and when the price drops, you should keep steem.
But I don't know much, I am just a rookie, following pro marketers like you.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
When the market moves, powering down at that time will be too late.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
VTC easy double from here - https://steemit.com/bitcoin/@g-dubs/up-149-in-vertcoin-vtc-what-to-do-now
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
In my opinion the down trend continues ... but I thinks it´s time to buy more!!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Should of listened ; )
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice post.
https://steemit.com/nigeria/@tfame3865/tips-to-financial-success
You can check on this link, it talks pretty much of financial freedom.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit