Finally I decided to power up my Steem account.

in Hindwhale Community11 hours ago

Greetings friends!

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I thought Steem price would also go up when Bitcoin and other cryptos' price goes up. I was ready to grab the opportunity if things had been in my favor. Finally in 2024 price of Bitcoin and other cryptos started going up. At first Bitcoin crossed its all time high price range near 70k. Then it made newer and newer heights and crossed even 100k USD price range. It is down a bit around $86k. But this price is still above its all time high of the previous bull runs.

However, Steem is not performing well. It could not even cross $0.5 when Bitcoin made the history. Steem high price was around $7 during 2018. Since then it could never perform well. Being an optimist, I started power down my staked steem tokens. But, that was my mistake. Steem price couldn't reach to the point where I could have made a profit. So, I decided to power up again. Finally, I have stopped powering down and this time I power up again on the day first of the month. Power up is the best thing then to wait for the tokens to go up. Staking increases RC, vote value and curation rewards.

Thanks you. Have a nice day!

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