I was looking at the price of Steem today and dreamily visualising it rising :) Then I found myself fantasising a bit and picturing the price at $100. That led to the begging of the question; what cause of action would I take in that kind of eventuality.
What if the price of Steem went to $100 tomorrow morning?
I have plans of what I'd do with the money if I suddenly won $100 million in the lottery, but I hadn't put too much thought into what I'd actually do in the event of an exponential pump of Steem. Of course it all depends on how long the price stays that high, and which direction it is going.
Would I power down? Should I be storing up a bit of liquid steem in case that actually does happen? Should I acquire a tiny pot of liquid Steem now with fiat so I'd be able to react? Is that not holding Steem speculatively like any other crypto?
I'm interested to hear what you would do, let's here it in the comments
Peace and Love ✌🏿
Adé
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