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RE: Wallet Losing 10% Value Normal???

in #steemit8 years ago (edited)

Yes it's completely normal, your money has been converted to STEEM.(STEEM POWER to be precise). STEEM value change with time, it can go up or down, at the moment it's going down .... Fortunately, you didn't invest too much, as you don't really know where you have put your money .... and by the way your money is stuck for the next 2 years (in case you didn't know) .... You can recover 104/nth of it every week by "powering down" .....
There is nothing fishy about it, it's like the stock market, sometimes it goes up, sometimes it goes down ...
And relax, you just lost 10%, I lost more then 50 % .... still hoping ...

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Thank you, this reply was helpful. I do know it takes 2 years to 100% withdraw the amount I deposited, I guess I'm stuck wondering why I deposited it in the first place- it seems when I upvote something it, it does nothing to the value of the post. I guess I'm more so kicking myself in the ass for sending BTC to my account for nothing, just to sit for a while.

Your upvote doesn't do anything to the value of the post, because your STEEM POWER is too low .... My STEEMP POWER is about 800, and when I upvote you get 0.01$ ....
Maybe in two years the value of STEEM will have change for the better ... let's hope ;-)

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