Is It Time to Power Up?

in steem •  7 years ago  (edited)

Been thinking a lot about Steemit lately.

Mostly, I've been thinking about how it's still growing as a platform. Lots of promising projects are on the horizon, with SMTs and the like, but with the current cryptocurrency downturn, the price of Steem is taking a slide.

So the question remains: is now the time to buy Steem Power?

And I honestly don't know if I will. Yes, Steem is cheap at the moment, but so are a lot of other potential investments. It's hard to make a solid choice one way or the other. And, of course, the price could slide still lower.

I've kicked myself for not buying in back when it was $0.07 per Steem, but I doubt we'll ever see prices that low again (it's just too much to hope for), but is the current price the real bottom? That is the question.

One Other Matter

I have a modest amount of Steem power already (less than 6000 SP). And almost all of that has come as rewards from blogging on the platform. I bought about 100 SP back in July of 2016 and from that seed have grown to where I am today.

Knowing that most of my SP has been earned fills me with a sense of pride and accomplishment. If I power up, and multiply my SP several times over, will I still be able to point to my success on the platform as a result of my good writing, or will it just be due to the money I put into it?

That makes me hesitant to make a move.

Still, I can't kick the can down the road forever. I will have to make an up or down decision eventually.

So my question for the community is, "What would you do in my position?"

Thanks for reading.

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i think that it good time to buy steem/steem power because in few month SMT may launch and price again BOOM. There is also chances that price may go down but you should take chances.

@talanhorne,
My opinion is power up till 10,000 SP! Then you can take the seeds and you always keep a nice investment as well!
At this moment is the best time to collection more SP!

Cheers~

  ·  7 years ago Reveal Comment

in your position I will buy steempower, as I would like to have the resources to increase my steempower, since I only own 80 sp and my vote has no value yet, but that is everyone's taste .. @talanhorne you are calm because your power of vote is 5000 sp and can give a favorable vote to all your followers and that helps a lot to your blog .. in my case as my vote has no value I do not get followers and my effort is being in vain, since I keep using pure bot, so that my blog does not have pure zero ..

You're a good knowledge person about writing and it's very difficult.
Your job is excellent topic.
Thanks @talanhorne
Have a nice day

I've kicked myself for not buying in back when it was $0.07 per Steem, but I doubt we'll ever see prices that low again

I wish I had a chance to get for $1.00. Everyone can say “if this, if that”. Anyway, I’m happy I’m part of steemit. We are all in this together!

Sir i think it best time of buy power and i also think some days latter steem rate 5+

Good post @talanhorne
Thanks for information
I upvote and resteem

I had bought when Steem price was about $3,5 :) I think it is better time to buy.

Oh yeah, now the markets see a decline in prices of Steem, but in my opinion this is a common phenomenon for all cryptography, as in previous years it was in the spring that this phenomenon was observed and now many are buying. As for the Steem now the same good time for the purchase of the SP, it is possible that the Steem is still not going down much, but not significantly. Thank you @talanhorne

well if this comes in cent i would happily buy as much as i can

it will be fantastic as many people speculate the price of steem will go more up all the way but how far no one knows

Very nice,,success always,,

Nice friend...

My first priority is to strengthen Steem Power. I am not sure how much steem will down in recent blood bath but already loosing almost 50% of market value in 3 week or so i think it's the right time to invest in Steem. It will not only strengthen currency but will also give hope to people who are frustrated due to blood bath in crypto currency

well rewards earned from the steemit are the best thing and you seem to have done really well over the time hat's off

steem is going to be more cheap i think because btc dominance is been growing consistently now but still anyone who want it can get it because its potential is huge and we have seen it : )

Good friend

That is article is professional & Excellent writing . so great experience.
Thanks @talanhorne
100% like and resteem

Really good idea.
Thanks for sharing.

this post is very good, I really like all your posts,
hopefully your success is always @talanhorne.

Well I have been doing a little by little everyday !

With the statements of yours that low probably is gonna happen to Steem anytime soon !

Yes your hard work is indeed paying off now !

It's time to buy steem so remember the price prediction for this year is $10 now is around $2 so that will be a 5x :). Regards

Good job my friend,,

I appreciated you whole effort and this is best time to power up. Extremely awesome blogging @talanhorne.

Congratulations @talanhorne
Now you are in the MinnowsPower Loyalty Member List...!!!

The moment Steem Price drops, collect more SP...!!!

100% Upvoted by @MinnowsPower

i would love to buy this time around because life don't give opportunity twice :)

Good writing you just shared.Writing is very hard.
For your post propagation.
Upvote/Resteem

I most believe steem price will be rise again. But we all waiting to see SMTs coming out. Still this period patience is a valuable key. You giving useful details to us.

You bought steem at 0.7 $ that means you are on of the early adopters of steemit. It really difficult to make choices in these difficult situations because price can go down more so its a risky situation but i believe that if you buy at current price which 1.80 $ you will not in loss. Thanks for article.

This is professional writing experience and great work.
Upvote Resteem

Well seeing that you have bought only 100 SP and the rest of the amount has been earned as rewards has really inspired me. You are absolutely right to say that you can't stay like this, you have to make an up or down decision. But if I were in your place I would take an up decision. But I would wait for a week or two.

You think it will be lower in a week or two?

That would be nice.

Yup, I think it will go down in a week or two but after that it will go up again.

@talanhorne, Yep...I agree with you. Steem and SBD indeed whole crypto market being downtrend currently. In fact wee must need to be patience. Time to buy dip or buying SP. Thanks for shared your steem blockchain's experience.

if i was in your position and could afford then definitely would have bought the steem for long term it is great

With steam under 1.84$ its time to power up,need to look at this as long ternm investment,this is just my idea thanks a lot for sharing.

  ·  7 years ago (edited)

yes ... this is the perfect time to power up. this time steem pries is low . if you buy steem coin this time , when steem coin prise is up defenetly you got many profit..steem was 7.31$, now steem is 1.83$. if i have some money this time i buy some steem and power up.

It's high time for power up

Great writing experience. its really blog
@talanhorne
Upvote Resteem

in rewards there is very less steem coming so i guess that is the only option left

Now is the time to buy, this is another swing, you need to get patience and wait. I read the forecasts of analysts, the rise will begin in April. As we say "who does not risk that does not drink champagne"

You are right @talanhorne because its the best chance and golden chance for powering up . After some time steem rate is take their place and more grow and this time its price will be on 50 + then a user will say about their work to other that '' O listen I got 0.01 steem in my wallet '' and this time he will be so happy for their work

Very good job my friend thanks for sharing @talanhorne

Good jop friends @talanhorne

Hello @talanhorne,

In 2 years time you made a huge improvement of your investment in Steemit by using curation. Extraordinary good idea & management you made by using curation game. Build more power, with SMT Steem Power will become a handy investment.

~@mywhale

postign beautiful and interesting @talanhorne

Good job Dear @talanhorne your every post is great may God gives mainy of success i read your every post i seeking to much

Thanks for share this post.realy great work.

I think this is the best time make many post .....and you should power up in this very moment....the price has been too low past week .....i dont think steem will hit this low again.....
Invest in this it will make you a profit in a way no one can imagine.....
Coz once you reach that level , that level when your posts make more than 100$ ...you wont be needing any money anymore.....
Consult some whale, may they could give better suggestions.......

very good post..

U5dsWQLWBSdUku1AUBmGRNpm9JMsE9J.gif

hopefully your success is always...
my dear friend @talanhorne..
thank you for sharing with us.

Good post freinds

That's really awesome if steem goes up to 0.50 $ to 1 $ because it gave chance to most of new steemian to buy steem power.

images (30).jpg

great job my friend.

acually ï m cofused too î don t know what tô do

@talanhorne, Yep...I permit with you. Steem and SBD as a matter of fact in one piece crypto promote life downtrend currently. In detail wee essential must to be patience. Time to acquire dip or export SP. recognition for communal your steem blockchain's experience.

great writting contents A great knowledge and information thanks for sharing keep it up I wish you all the best
I honestly don't know if I will. Yes, Steem is cheap at the moment, but so are a lot of other potential investments. It's hard to make a solid choice one way or the other. And, of course, the price could slide still lower.

i think wait some more time
it can slide further

Cryptocurrency not inposible .

Why mr @talanhorne ?

Hmmmm,it is good question,if i am you, i am keeping it.that's true,You earned and you told "I bought about 100 SP back in July of 2016 and from that seed have grown to where I am today".So then keep little bit time again.

good post friends, success always.

Really excellent post sir i like it i am following all post thanks for sharing

nice post friend

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Great show, I like it!
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This is the best time to power up,if you want to play for long term here.

Honestly I think this is time if you're looking to invest. I don't think it's going to go down any more than this
Edit : and just when I was writing this, I looked and it's gone down to 1.68 lol

Yeah i agree.success always

Great show,,,,,,
images (35).jpg

top notch writting contents A top notch expertise and facts thanks for sharing hold it up I wish you all of the pleasant
I certainly don't know if i will. yes, Steem is cheap in the interim, but so are a variety of other capacity investments. it's difficult to make a stable choice one way or the other. And, of path, the rate may want to slide nevertheless decrease.

images (23).jpg

I suppose that is the great time make many publish .....and also you need to power up on this very moment....the rate has been too low beyond week .....i dont suppose steem will hit this low once more.....
spend money on this it's going to make you a earnings in a manner nobody can consider.....
Coz when you attain that stage , that stage while your posts make extra than 100$ ...you wont be desiring any cash anymore.....
seek advice from a few whale, may additionally they might deliver higher recommendations.......

If I were in your position @talanhorne
I will mrngumpulkan previous decisions we ever take, that's what makes your life as it is now.
There is no man who constantly take the right decision. But all the people who are afraid to take decisions, always end up with the wrong decision.
That decision affected the conscience, the result depends on the quality of your conscience.
The author will always succeed on what is written and the reader is a connoisseur of the success of the author.
Thanks @talanhorne that's just my opinion.

I really love this type movies.Thanks @talanhorne for sharing this movies review.
100% upvote and resteem done.

do not ever hesitate friends, listen to what your heart, success always awaits you with so many followers you, success always friends

you should hold it tight and if want to get more than surely do that its the best time to do it :)

no sir i thinks you will get Success
i appreciate your work sir

Yes, you're right steem rate is very cheap at the moment, I think its good time for steemains who buy steem, and when rise up he will purchase, but we see steem is not rise up many months, I hope in future we will see good result :)

İt is wonderful. İ love @talanhorne reading

i appricieat of you,this times is the best times of investment
thanks for well sharing @talanhorne

Now is the time to buy, this is another swing, you need to get patience and wait. I read the forecasts of analysts, the rise will begin in April. As we say "who does not risk that does not drink champagne" @talanhorne

you should hold it tight and if want to get more than surely do that its the best time to do it ..thanks for sharing sir @talanhorne

You are a good person to write.your ideas and writing have been fulfilled.
This is great article.
(((((( Resteem service)))))

even i am looking to power up this might be the best time to power up the game

Wow.. Really very nice your all [email protected] like your photography....thanks for sharing.....

I really like your post.

you earned that much with your hard work that is simply awesome that's why steemit is for creative content creators like you

Very cool and amazingly successful

Thanks for sharing i will done up vote I always see your post. And follow you

but i have no sbd
@talanhorne

this is a very good post.

Great work is always for your @talanhorne!

Collect more SP & build your investment. You'll be a future Billionaire.

Beautiful post. Thank you so much for sharing.