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RE: Building Your Steem Power: Exponential Growth is Your Friend
What are ypur thoughts on timing the purchase of SP? Ive seen SBD buying less than 1 SP for a while. On the flip side, ive seen one SBD buy more than 3 at one point. Im still debating when to power up....
I think you could go crazy trying to time it. Technical analysis, Elliott Waves, Japanese candlesticks, and goat entrails might work. But they might not. There’s a lot to be said for dollar cost averaging.
Good point. I guess Ive been accumulating at such a slow rate that trying to maximize the exchange rate has been a priority.