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RE: This Is Why You Cannot Make Steemit Your Full-Time Job Just Yet!

in #steemit6 years ago

Good points. My outlook is wait for pumps, withdraw a bit for the future, accumulate in the dumps and hope you don't get burned by further crashes lol.

But crypto is a beast whose direction we may never fully know for sure. So might as well just play along and as you said, consider it as a video game. That keeps things simple.

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The way I see it, because so many new crypto currencies and tokens are being generated on new platforms almost weekly, the value of any individual one is being diluted.

Anyway, the extent of my strategy is to just power up until my votes actually show up on the score. (I've read that is around 100 sp) and not really an interest in selling anything unless there's both some reasonable value to justify the effort and a need that could not be filled otherwise.

It's prudent to have a variety of options.