@dana-edwards This is called 'investing' . You have to be patient ;) You have to know when to buy low and when to sell high - Or go for the long haul watching as price goes up and down until it reaches a point when you feel the price is right for you to cash out.
Ive never been on stock market! Never owned stock, and really dont understand alot abouT it! All i know or have heard is to buy low sell high! So if steem is at .13 cents now is not the time to sell, im guessing? So your saying its better to maybe leave my money in steem power till it say goes back up hopefully to 4.00 where it used to be, then cash it out?! ♨♨♨
@karenmckersie yes, leaving m0ney in Steem-Power as of now is not only good for giving you power in terms of rewarding you when blogging and or curating, but your money also grows as it sits in Steem-Power. BUT pretty soon come time the 16th(Nov), gaining interest on your account will be no more;(
You can still gain by blogging/curating but, the MORE Power(steem) you have, the bigger the rewards ye dig!
This is so true! And i didnt realize that after November 16 we will no longer profit for holding onto our steem! Bummer! 😕
@dana-edwards This is called 'investing' . You have to be patient ;) You have to know when to buy low and when to sell high - Or go for the long haul watching as price goes up and down until it reaches a point when you feel the price is right for you to cash out.
I'm not interested in that kind of gambling right now.
Ive never been on stock market! Never owned stock, and really dont understand alot abouT it! All i know or have heard is to buy low sell high! So if steem is at .13 cents now is not the time to sell, im guessing? So your saying its better to maybe leave my money in steem power till it say goes back up hopefully to 4.00 where it used to be, then cash it out?! ♨♨♨
@karenmckersie yes, leaving m0ney in Steem-Power as of now is not only good for giving you power in terms of rewarding you when blogging and or curating, but your money also grows as it sits in Steem-Power. BUT pretty soon come time the 16th(Nov), gaining interest on your account will be no more;(
You can still gain by blogging/curating but, the MORE Power(steem) you have, the bigger the rewards ye dig!
Awesome! Thanks for all the info! And replying back to me, STEEMING ON! ♨👌👍♨