One of the most difficult things to do when you hold crypto is to be grateful and not be controlled by greed. There are a thousand opportunity to make 100%+ gains in a single day in this market while simultaneously a thousand to lose it all.
Bitcoin alone made a 1652% gain in the Year to Date. As these gain appear, the downside looks terrifying to be honest and we would rather think that this show will just keep riding upward to infinity.
What if....what if...our mind tell us.
"What if SBD goes to $34? Should I keep my SteemDollars now and sell at the top?"
"What if bitcoin keeps going up? Should I move my SBD to get bitcoin?"
"What if I had sold my steem 6 months ago for bitcoin? I could have had so much more steem now!"
All these what if will make you mad and don't accomplish anything. How much would we all like a time machine now!
The Consensus From My Latest Post
There have been over 150 comments on my latest post Did you know you are making 14X more money than you think right now? and I was pleased to see what people were writing in general. I do read all your comments, even if I don't have time to reply to every single one of them.
The consensus is that people that, right now, is the best moment to accumulate SteemPower with the their author rewards. Convert the SBD gains instantly and add to the ability to promote your own content and invest in the long term.
The alternative is to hope for an another ridiculous, yet possible, jump to $34. Don't get me wrong...that would be an awesome gain on SBD and who wouldn't want to miss that?
Income or Capital Appreciation?
What is more important to you? A constant and steady stream of income OR a massive gain for hodling?
Personally, I am 31 man who's going to be a dad soon. I rather have a steady stream of income than a massive buttload of money falling on me suddenly.
There is a level of comfort and security with that I find. This is why I choose SteemPower. Not only I get to promote my own content with my upvote but I also get to make quite a large amount of Steem in curation rewards.
Also, it prevents me from selling my steem on an impulse which is very tempting these days.
Keep Your Cool and Accumulate SteemPower When SBD Is Up
I think it's the best long term strategy. That way, you get both capital appreciation in the long run and in the meanwhile you get income via curation rewards and authors rewards. Don't get caught by the hype.
PS: NEVER EVER USE THE "CONVERT TO STEEM" BUTTON! ALWAYS ALWAYS GO ON THE INTERNAL MARKET
PS(2): If you think I am wrong or I am right, please comment below with your thoughts. I'll make sure to upvote the best comments.