Viewing a response to: @cryptoandcoffee/p3jhe3tm5
<p>I actually have been asked by this hypothetical question many times before as I have been very vocal about my goals here on Steem. My goal is to accumulate as much SP as possible, NEVER EVER to power down. </p><p>While it's honestly tempting to power down and sell some Steem when the price is that high. For someone who is thinking of long-term goals on this platform, I honestly think that you could get more Steem if you just hodl and rely on your Steem Power.</p><p>Back when the price of Steem was around $4-$5, a 1000SP full upvote gives around $0.2+ (now only $0.04). Just imagine how much one would get when the price is $100 (very unrealistic btw xD). You could just live off upvoting your posts when you have a decent SP.</p><p>So what I would probably do at that time is: retain and hold my Steem Power BUT sell some of my liquid Steem from the payouts I receive. If it reached $100, then a $500 or more is a possibility right? Why sell :)</p><p>Of course this is assuming crypto is not your main source of income and that Steem is more like an extra job. </p>
author | jlordc |
---|---|
permlink | fkuh5jtb5 |
category | musing-threads |
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created | 2018-09-23 14:37:36 |
last_update | 2018-09-23 14:37:36 |
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neoxian | 0 | 90,302,175,038 | 5% | ||
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