Steem has been on the rise against the whole market trend, and this is very rare given my 2 years watch over the Steem price which mostly following the Bitcoin correlation.
Whatever reason Steem decided to decouple from the market and headed to the moon, I don’t think it will last, at least not for the short term. There is simply more reason for Steem price to fall than to rise at this moment.
Hence here are the two things I did. Sold my remaining 165 Steem in the wallet to BTC and powering down at the same time in the hope I can sell a fraction of my stake before the price goes back to where it should be.
We will see if such speculation is the right call or not, soon.
Posted from my blog with SteemPress : https://fr3eze.vornix.blog/speculation-on-the-recent-steem-spike-selling-all-my-liquid-steem-away/
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