Hello everyone. @mannyz here. I feel it's time I highlighted some reasons why steemians, especially minnows should hold their SBDs and STEEM. Read and be enlightened as I try as much as possible to bring to us some facts.
Steemit currencies (steem and SBD) have recently been down in value. This came (most) possibly as a result of the low price of bitcoin. This was iminent considering the fact that market capitalization of cryptocurrencies fell very low.
Late December 2017, steem was almost $10, quite stunning. That was at a moment when steem was already flying high, thus skyrocketed. It didn't come as a surprise because steemit at that time was becoming more popular unimagineably.
Furthermore, this current price of steem isn't such a new thing as it has gone way below this in the past and skyrocketed at a later time accordingly. First and second quarters of every year normally present with drastic fall in the price of almost all cryptocurrencies so what is happening now shouldn't be a surprise.
Let me, at this point, urge all crypto lovers not to sell off their assets and hold them dear. This will not only help them gain more (when they sell at a higher price) but also go a long way in helping stabilize the system and retaining (and even increasing) the market capitalization of cryptocurrencies.
There will be a time when their price will be thrice their current fiat worth. And it is at this time that it becomes saucy to sell. It will not only bring us more funds but also improve the market capitalization.
I remain @mannyz