Whatever I have invested earlier in this year, I am not going to cash out those, as I had invested when steem was at 1.8 usd and currently it is 0.33 usd. So I will continue to be in HODL mode for my investment part.
Whatever liquid steem I am earning here on daily basis from my various activities on steem blockchain, I will cash out those, no matter what the price of steem is, as I need some money to cover my electricity bill, house rent, internet bill etc and you always need some money in rolling otherwise life will come to a standstill. I know the price of steem is low but I am getting the liquid money only about 50% of what earning actually showing on my post(author reward) and remaining 50% is going to steem power. So indirectly I am in HODL always for the 50% of my earning here and the rest 50% I need to spend and that is how this system has been designed for.
Thank you and Have a great day.
Considering that Steem is the lowest price it has been this year it would make so sense to sell now! The old wisdom has always been to 'buy low and sell high', and now the price is low so we should acutally be buying Steem - and I see a few begger accounts buying up lately.
I do have faith that the value of Steem will rise again (it just mught take a few months or years!), but in the mean time I will just HODL and keep creating content..
The smart move us to hold and invest more. I havent invested yet and may do.in January .
My aim is to grow my account so that one day it has some serious value. Cashing out at 40.c is not value in my thinking process.
I think Steem one day will be in the top 5 or 10 crypto currencies and will hold until then at least. Steem is so undervalued for what it can do it has to go up at some point.
The beauty of steem is that you can grow your account whilst still holding. No other coins allow you to do this. A few give you dividends ,but not the growth that Steem offers.
I will be holding for years to come as I am thinking long term and not about the value that it currently holds. Being an early adopter it has opened up opportunities and I plan to take full advantage of that.
I will HODL - its a little st00p1d if we sell Steem at the near of ICO price ($0.2).
Thank you for the question. I'll first say that if you cash out steem now it will be your stupidity. We all know that the prices of all coins are very low and steem prices are very low. The prices of these coins are going to increase soon. There is a good news of these coins that will cause prices to rise soon. If you sell it now it would be most folly. Because now you can sell it at a price, it will be sold at a much higher price in the future. We all want more profits. If you sell now you will get very little money. Because the prices of these coins are very low. We all know that the prices of all coins are increased when the price of Bitcoin increases. Again, the prices of all coins decreased when Bitcoin is reduced. The price of these coins declined due to the decrease in bitcoin prices. Very soon it is expected that its price will increase. So I'll tell you holding this coin now. The future coins will give you a lot of profit. You can not imagine yourself how much it can profit you.
There are a few reasons behind this rise in the price of coins that I have discussed below
We all know that this coin has its own platform. There are very few coins that have their own platform. These coins are in demand because of their own platform. This will increase the prices of these coins soon.
We all know that SMT is going to lunch soon. At the SMT lunch, the prices of these coins will increase greatly.
We all know that the prices of those coins are high in demand, and the prices of those coins grow very quickly. The demand of these coins is going to increase the prices of the coins soon.
There are many new people coming here who need to get the steem power . And he has to steem first for that. When it is purchased, its demand will increase. I hope that the prices of these coins will increase very much.
Well it is not a right time to cash out it is a time to buy more and more steem and hold it.
I am also looking to purchase some steem in january.