Buy, Hold, or Sell?

in #trading8 years ago

What do you guys think is the best course of action right now for someone with STEEM or BTC looking to decide what to do with their holdings? Typically a 10X increase in an altcoin is a strong indicator to sell, as usually a price correction will follow, however with this coin/community being so young, its a tough gamble.

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The steempower syster prevents any major dump so sure steem might go down but not dramatically. Plus if you convert your steem to steempower you can watch it grow.

How does it actually prevent it, or does it more just disincentive it?

Depends on how much you are holding on to and how much you need money! If you don't particularly need money, you might as well hold onto it and hope this turns into the next Reddit... I remember when BTC went up to a few bucks and I sold, NEVER AGAIN

Just put what you can into steem power and hold!

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