Becomes a hard choice. Diversify is always safe, but do we always want to play it safe? I have been struggling a bit with work but am still taking ever steemdollar earned and puttting it back into steempower. It's optimistic on the future of steemit for sure, but more importantly it becomes about having a voice and opinion that is heard. I may be foolish, I have a history of it. I have also often recognized what something can be before it ever hits there. So, I invest in the platform... and invest in my voice.

Steem and Redeem.  Reward yourself while also investing.  keep a happy medium between the two

This is interesting subject, I want steemit, to work, I love the idea u get paid, for your content, but there are going to be, some trial and tribulation along the way, not to mention, copy cat like u said, let's hope steemit remain a force to be reckon with in the blockchain community.

I'm not sure I understand. You're saying you got into Bitcoin very early and sold far too early. Now you're into Steem early as well and are holding your Steem tokens on Poloniex so you can - uh - sell far too early again?

Why not hold them in your own wallet rather than trusting them in the hands of a third party? Exchanges get hacked fairly regularly so why not be sensible and take care of your coins yourself?

It seems you have the patience to allow steem currency to grow. Because <em>this bubble</em> has a truly potential to be big. But will take some time.

a) You already know about the hype. I'm referring to the <b>steem tools</b>. A lot of devs are creating apps/sites.
b) This is not only a community, it's about changing the game. I'm naive, right ? Look at the #anarchist #voluntaryism movement in the steemit these days. What people are joining.  And look at their age. They are not 20 something. They are not naive.
c) the spectrum of developing  communities from this is very large. Think about the so called naive people that want to help Africa and less fortunate populations. #charity.
d) And steem is not on TV/radio/Ads, etc. It's from mouth to mouth, on the internet. It's like a closed circuit Facebook for crypto guys.

So, due to the huge potential, why not powering up to allow you to grow quicker ? Is there a imminent danger to power down and escape the game ?
I'm not in the game. I'm just a commenter that plays. And like the game.

Cheers.

My 2 steem:  Steem ON!

Good afternoon. Your article is very useful. I voted for you.

Thanks for this article. Since I'm a total newbie to this whole crypto currency idea I enjoyed reading this. Maybe you could write an article about  Poloniex and the process of converting from one to the other. Steem on my friend....

Steem it up.. not sure if steemit will end up like myspace.. but one thing is forsure it going to be fun ride for the next 24 months

I'm starting to develop an addiction to powering up.
My wife on the other hand is already imagining what to buy with the steem dollars in her account.
I'm hoping a balance will be found between people wanting to invest on one side, and others trying to make a living out of it on the other side.

Im hanging on to my steem for now I expect great things to come.

[![@mrgrey](https://i.imgsafe.org/8cb9d0171b.jpg)](http://steemit.com/@mrgrey)

Hmm. Most of my friends are investing in Steem Power. Interesting idea - to buy Steems and wait for a pump.

On the other hand, there is income from speculation and income from dividends. And they are just different types of income. Speculative income is associated with greater risks than one based on dividends. Correct me if I'm wrong.

Therefore, this speculative income much more. But this wealth requires the ability and skills to take risks. Right to enter the market and right out of it. And this is clearly not for everyone.

Thanks for this issue, @steve-walschot!

I tink so too
registered_accounts
51,849

This is sensible.  

STEEM is designed with high inflation in mind.  Right now liquidity is low so the price is very high.  If you sell at the peak you could actually cash diversify and buy back at the bottom to get the best of both worlds.  

Sadly most people don't use this kind of approach in crypto and get too attached to one or more currency.  

We all want and believe STEEM can succeed but we can and should still act sensibly to maximise our profits and rewards.

@piedpiper had a great suggestion, which was to power up all your earnings from rewards, but then at the same time power down some of your SP to cash out slowly over the next two years.

Unless you think that bubble is coming soon, I think you're making a big mistake exposing yourself to maximum dilution.