Great breakdown of the Viability of Listnerds and some great comments below. I am still yet to take the plunge, as 'Cashing Out' as you say, I still have not ever cashed out any crypto and am not even sure I know how, to make it a viable option for me, the monthly cash investments are all good if I could see that return, 97 a month US is $136 Aus dollars.
I agree that if LISTNERDS Earns enough points each month to cash out to HIVE and then Upgrade using HIVE makes it worthwhile, its the cash out delay cycle that cost up front, once the cash out cycle is in sync with monthly Upgrades then all good :)
Hi @russellstockley - I see the $97 a month as an investment not just in Listnerds but in the Hive blockchain, so my short-term aim is not to cash out and break even but to grow my account until I have around 10,000 LISTNERDS staked. At that point I will begin to unstake a portion of my daily earnings each day to "prime the liquidity pump" while continuing to grow my staked position.
I also haven't yet cashed out any HIVE. Maybe I'll look at that option next year...
!CTP
!ALIVE
@russellstockley! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @hirohurl. (5/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
