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RE: Let's Talk—Why Are You Not Buying and Powering Up Steem?
I feel Steem is currently quite high and there is more risk to the downside than opportunity. We are trying to broaden our appeal and entice popular content creators in, but they are likely to cash out earnings, putting downward pressure on Steem.
Additionally, it looks as though SBD may increase in value more than Steem, so I am holding SBD and will swap for Steem and power up if this happens!
I would also be selling btc to fund any purchase of Steem and that is not appealing at the moment due to drop in btc and run up in Steem!
I still believe in Steem and will buy in more but I am biding my time at present!