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RE: I need not believe where I'm going, as I know where I am is the best place I can be.
Steem is headed to below 10 cents. It could even dip as low as 2 cents in the next year. So the rush to buy Steem Power doesn't make sense right now on an immature beta platform unless you do dollar cost averaging. On the other hand, blogging could make sense but only when the market cap is high. It's not going to make sense when Steem reaches below 20 cents which in my opinion is now inevitable and I don't see it will stop.
Whales are going to likely continue to power down because they can. Also because they can get profit and use it to pay their taxes or handle any other possible legal fees from this experiment. Good luck to you Kaylin.
I can afford to buy steem power, because I dont have anything else to spend the money on, so I intend to buy steem all the way down to 10 cents, I started buying at $1.50 with this intention. In my mind the price will not go down if I don't buy and sell steem to drive the price down when I try to take profits from the market, personal responsibility is how I flow.