+I see a lot of very sharp people on steem using a wide variety of strategies of how they choose to capitalize on their efforts on the steemit platform.
++There are those of us that:
+++Power up immediately after every single payout, which is not such a bad idea. Often these people amongst us find they are here for the long term, don't really get wrapped up in the volatility of the prices. Much more of us are newer to the platform than "grizzled vets" so there really is not much a portfolio of steam dollars/steem to manage. We get paid our little bit, buy steem, transfer it to steem power, and that's the end of it.
++++I am getting the feeling there are those that are also hedging their SBD/Steem by keeping themselves much more liquid, leaving their resources for a down day, or series of days in which has been common the last few days. When SBD had it's meteoric rise after the new year 2018, there were a lot of newbies (myself included), popping instantly their earnings back into powering up their accounts at the very high prices.
+++++There were also a lot of high end holders that capitulated their gains, trading their Steem, locking in their gains after the 300% or so rise, IN JUST A WEEK. That, my friends is sound investing. Even if you are here for the long term you are quite possibly squandering a lot of gains, even if the speculative investment continues to rise. NO INVESTMENT GOES STRAIGHT UP FOR SEVERAL CONSECUTIVE DAYS. Every single breakout investment has squiggly lines in their quote because so often people are smart enough to sell significant gains (the higher the gain, the likelier the sell motive increases exponentially to a seasoned investor especially day-trader) appears at a feverish pitch.
Today I am going to congratulate myself as I have just stepped in the latter direction, taking my whopping 0.29SBD and buying Steem when it was down 11+% today. A lot of this is "Investing 101" type of content but there are times when even the most seasoned of us need to re-evaluate what we are doing, getting less emotional, less of meme/bumper-sticker mentality, and go with sound fundamentals.