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RE: $1 USD... Can STEEM Recover?

in #steem6 years ago

Ah cool, 1000 steem, that’s great going! 😀

I don’t really have enough to sell, but (I might be wrong) don’t we have to ‘power down’ to sell steem/sbd and it takes like 2 years? I remember reading that, but I am probably wrong as that sounds odd.

It’s always hard to think about when to sell or buy. The way I see it is that it seems the crypto market will boom again, possibly end of the year (or later as you previously said in your last posts), so I am holding. I have some other cryptos and I am just forgetting about them until we have a big boom again - infact, I would really like to forget about them and check back in 3 years, steem included. Then, I would love to have a big amount to invest in something like a small property... that’s the dream/goal :)

I would like more development going into steem for practical use, for you to use it as a ‘currency’ maybe you could buy another crypto with your steem that you can then use to buy food/rent etc:)

But I think it will recover, I feel it has to, just because it follows the bitcoin trend. Steem is getting a bit oversaturated with bots, so maybe users will loose interest, but who knows - before that happens it will rise again:)

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