Not so fast. It is not wise to sell your Bitcoins cause the price is in free fall.
While I am writting this post, from some exchanges the price went up to $10,000+.
Wisely you should hold your bitcoins cause this is a long term apparatus.
If you are going to sell, you will not be here reading this post.
There are a lot of FUD out there. Mostly emotions run the market cause every body want to come on top.
Unfortunately it doesn't work that way. You have to wait your time.
SOME SAY
- USDT is causing the free fall.
- It could be some of the futures contracts coming to an end.
- It could be pure speculators wanting to catch out.
It could be a different notion compare to where you are.
This is crypto by the way so we play in a different set of rules.
Bitcoin is here to stay.
The price will go down to the resistance allowed by the big whale and the community.
So if you are here on steem blockchain, should you worry about BTC price?
Off course, we are all connected.
Couple days ago, the price of steem was roaming aroung $6+.
The whole coin market cap lost value around $60+ billion.
Now steem is around $5.
If you are new to steemit or you are asking yourself questions.
Most important thing for you, learn how to post correctly to attract more steemians.
Learn how to comment on your fellow steemians posts.
It is very important cause you are participating.
Learn how to get reward and lead on your expertise.
Do your best to bring more steemians on-board.
So price goes up or down, if you are vested in steem power, not much you can do.
Actually you need that steem power to vote your influence in the platform. You can vote for yourself and you need to vote for posts you like.
Reciprocity is genuine among steemians
Best thing to do, accumulate as much steem power as possible, it will give you the upper hand and one day you may become a whale.
Now you may be a minnow, this is critical time to manage your route in steem.
If you are posting, your are producing steem power or Steem dollar that you can eventually exchange for any other coins like BTC.
Steem is the best coin that allow anyone to earn more just by posting, curating, delegating to the community.
You are here, you should feel good about yourself. I am, so let's go and make steem stronger.
