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RE: Should I Scream Out Loud ....Steem Steem Steem Steeeeeeeeem!?!

in #powerup6 years ago

I think a lot of folks are wondering what they ought to do these days given the steep rise in Steem prices. Only you can determine what you ought to do.

I'll offer this, however. I don't think it's ever wrong to 'take some gains off the top' after a big run up. Lock in a win, and let the rest ride and build. That way, at least in the face of a retraction, you haven't lost all of your hard-earned gains. And if the price does pull back significantly, and you still believe in the long term appreciation of Steem, you can simply buy back in at a lower point and ride it up again.

Cheers!

Oh, and your picture is adorable! Jus' sayin...'

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You actually read my mind. Thats exactly what I do. I spread some of my profits and invest in other coins. I have learnt to play around a bit but Steem is my favourite investment so far. Thanks much for your valuable advice.