I decided to delegate more SP to Project.hope.
Greetings friends!
It was a tough decision for me to power down first and then power up again. I had about 3500 Steem Power before I decided to power down months ago. As the price of Bitcoin and other alts were rising, it was the perfect time for starting power down. As it requires about five weeks for complete power down, one has to decide well in advance so that he may earn good profit when the market is up.
Off course, steem price increased gradually after I decided to power down. It was about $0.2 then, and even climbed to $0.35 for a limited period. But, this bull run didn't last long. Soon its price started declining. It even declined much below the level of $0.2 which was the price before I started power down. It is still near to $0.15 and still not performing well. Seeing no improvement I finally decided to stop power down. Then I started powering up again. This time I powered up with 250 steem power which is not so bad. Now I have 3162 SP and some loose Steem tokens as well. I could not get profit from my venture. This was a tragic bet that ended in a loss. I hope this powerup will bring more benefit for me in future.
One great community @project.hope has helped me to develop continuously. I thank @crypto.piotr and others for this great project. There are many who are against it as they can't see others to progress. Despite of their vicious attacks on it, this community is thriving on Steemit. I had delegated SP to @projet.hope, but due to my decision I had to remove my delegation for a while. Later I redelegated and continuously increasing my delegated to them. This time after power up, I increased my delegation from 2000 to 2500 SP to @project.hope. I think this is a good decision taken by me.
Thank you!
Thank you for your constant support @akdx
Cheers Piotr