I know. Thanks for stopping by! I was just letting off STEAM! I hardly look at my wallet these days anyway. When I had a decent amount of Steem that could have been cashed in last year, I converted most of it to Steem Power so that my Upvotes would be worth more, but then it just all evaporated. Steem is a good name for it in that sense. Lol! I cashed out a few hundred dollars to see that The money was in fact real, but it was such a rigmarole, I’m not sure I even remember how I did it!
I did come back with my eyes open after the break, not really expecting much, and not really looking at it as a source of income. It’s the principle of it all that bothers me. I know that the reward pool has to come from somewhere, and a lot of big investors are gone now. I just don’t see how those with voting power are going to vote for and curate the little person in this game, no matter how good the content. They are going to Upvote those who already are making more Steem. That’s what I think, anyway.
I’ll still be around, I suppose. I had to have my say. I like writing through travelfeed.io, so will most likely continue at least until I finish my French Polynesia series.
Ha, yes we all need to let off steam. I am just chasing down the magic 5,000SP as I made it a mission to get to there this year and with prices dropping, I have bought a fair amount. There'll probably be turmoil in the coming weeks as things settle in but I'd say just stick with the communities you enjoy, don't think about the money, do what you can when you feel like.
There was a time when I was very close to powering down but decided to stay on and I quite like the way it all works. Anything that does come from it is a bonus and at least they are trying things out to change as it was going a bit pear shaped!
There are good whales, orcas and curation guilds around that are manually curating, also getting a lot of small upvotes is not a bad thing either as more will be looking to curate with these changes.
I look forward to reading your next travelfeed post 🙂
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Certainly the time to buy any investment is when the prices are low. Time to sell is when prices are high, too. I could have cashed in about $12,000 towards the end of 2017 and beginning of 2018 and invested it in something safer. But instead, I listened to all those who said to power up and invest in the platform, which I did. It’s harder at my age to think long term, because I don’t really have much long term left. Lol! I made the same mistake as I made with some shares a few years ago, but I did the opposite. I cashed in thinking they were at a high, then they split and went through the roof! Had I left well alone, I might have been one of the whales on here today. 🤣🤣
I guess, don’t follow my example if you are looking for retirement income long term. Haha!
Hahaha! I am not the best when it comes to this stuff either as every time I buy, the price drops, even now when I thought it was at its low point, it got lower! D'oh!
I got on steem in March 2018 so missed the whole all time high thing as well. Basically I'm a bad luck charm 😂
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