Steemit Power Up - The Bear Market Says So
As we watch closely the downward trend of cryptocurrencies (some more panicked than others) it should be a good time for those serious about the market to formulate successful strategies. I haven't done a lot with my portfolio as of late other than a few small purchases. As more money becomes available for me to invest, I will be doing so. For those interested I currently hold:
DGB - DigiByte
BAT- Basic Attention Token
LUN- Lunyr
STEEM/SBD
I based those investments on diligent research and I have posted articles in regards to those and a few others on my blog if you would like to check them out.
Now, in regards to Steem and SBD; this is the time to power up. If you are a regular Steemit user and plan to continue, having a powerful wallet can be in your best interests. As the price continues to drop, it makes it more of a bargain to invest into your own power and well as use fiat currency to buy into Steem. To be clear, my Steem holdings are 100% generated from posting like many others and I do not invest fiat into Steem. I have dedicated revenue streams that I use for the purchase of crypto and that is generally one of the big three (BTC, LTC, ETH). If you want to increase your profitability here, power up. It will be far more beneficial for you in the long run.
Cheers,
Sean
If you found this article awesome and want to hear me ramble about some other bullshit then give me a follow. Upvotes and resteems are always a welcoming gesture.
@seanengman thanks for sharing
Not a problem. I'm trying to move back to posting more informative articles on cryptocurrency.
I agree with you. Now is a good time to move your fiat money to buy more crypto. Keep up the good steem. :)
Awesome article! Thanks for noticing my post and telling me about yours. You and I are in the same wavelength! I also have DGB that I bought at (ugh) 6 cents, then 2 cents, and just recently bought more at 1 cent so my average is still 4.5 cents. And I'm expecting to cash out from my sportsbook tomorrow right after the Wimbledon final, so you'll see me power up again with at least 500 steems. What do you think about EOS? I completely missed the ICO boat with the 500% gain and subsequent drop back to $1.50. I will be buying that for long term growth as well. If EOS drops to $1, I think that's a good buy. I'm thinking of buying 1000 and just forget about it.
Yeah, EOS looks like it will be pretty strong. Im starting to move away from ICOs. It takes a lot fo time to research and the ones I end up deciding are a good fir for me literally sell out in under a minute. But my strategy for the most part is to buy and hold rather than quicm sells. A few tokens and coins I'll sit and flip, but mostly long term is my method.
What is your take on Digibyte? It is a penny now.
That dev team is on point. I'll link you the articles.
https://steemit.com/cryptocurrency/@seanengman/digibyte-ceo-jared-tate-sends-a-message-to-the-haters-and-tells-of-upcoming-developments
https://steemit.com/cryptocurrency/@seanengman/why-digibyte-is-a-long-haul-coin-haters-gonna-hate
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