Opportunities are missed because most people don't 'Strike while the iron is hot' ~ Charles Fuchs.
What's Up STACKERS!
It's an early morning in Las Vegas and recently it's getting harder and harder to stay asleep with all the action thats happening with the Crypto markets the last few months. 😴
While looking at the charts for some good crypto deals, something made me ask myself about the price of Steem Dollars (SBD). 📈
Since November 21st 2017, we've seen the price of SBD rise from it's peg of $1 trending between $2-$14. The current price of SBD is $4.52 as I write this. 💸
The one good thing about having a high SBD, it's benefitting all the authors that are posting each day. With it's current price, authors are making 4x more on posts than usual. 👨🏼💻
There's is a lot of speculation of why SBD has been rising, all the way from foreign investors buying them on exchanges (not knowing what it is) to all the way from people using tons of SBD for voting bots. Til' this day, it's still a mystery. 🤷🏼♂️
How long will the Steem Dollar be at these prices? Who knows but I believe that it can't last forever. So in the meantime, do whatever you can to take advantage of this opportunity.
There are lots of new people that recently joined Steemit and I recommend that they start powering up instead of taking profits because it will be so much harder for them to accumulate Steem down the road; unless they are willing to pay for it. 💲
It's ok to take profits here and there but for people with less than 1000, 2000 or even 10,000 should at least power up half there SBD. 📊
There will be many people months from now kicking themselves in the ass that they didn't "Buy Steem" with there Steem Dollars. I don't think many "newbies 👶🏼" know hard it was to accumulate Steem by just posting content when Steem and SBD was just a $1.
Currently it's great times for all the authors on Steemit as many of us are making way more than ever before on Steemit since the rise of Steem Dollars. So in other words, start getting real active and post awesome content right now while the iron is hot. ♨️
Have Great Sunday and "Keep On STACKIN" 💞
P.S. The 10 STEEM 10X Contest is still going on and will end in a few hours. If you missed the post... you can visit it here and enter: https://steemit.com/charlesfuchs/@stackin/stackin-10x-contest-predict-the-price-of-neo-and-win-ten-10-steem-usd40-prize
