Steem Lovely Price Stability

in #steem6 years ago

I am in love with the price stability of Steem.
I have powered up twice last week but just to be able to have more voting and posting power, I did not expect the currency to hold it's value so well. I believe the hardfork 20 had a great impact on the stability of the currency, and I will very likely use this currency as my new storage of value (I hold no money in fiat currency, just enough to pay by bills and my cards, seriously, all I have is in crypto

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I believe there still is a risk of a downturn. To compare, Bitcoin has remained extraordinarly stable the last weeks as well. Hopefully we will have a bounce upwards soon

Indeed, there is always a possibility of downtrend, but I, personally, like how Steem incentives holding, even when value goes down your incluence on the network stays stable so no need to sell if you plan ahead, while Bitcoin, just as an example, you have no incentive to keep holding