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RE: After two months of hard work on Steemit I have cashed out so shut up you disbelievers
Hi @flauwy congrats and that is cool if you want the money right now (or if you just want to show people that yes it is possible to make real $$$ US Dollars with Steemit) but really your Steem will likely be worth MUCH more in a years time if you would hold on to it longer.
Imagine Steem = $20.00 USD
Can only go up value ...
Hi @nandibear, you are absolutely right. And I will hold on to my Steem as much as possible. Althoug I am powering down my Steem Power actually goes up faster than I loose. So I am growing my account while I am financing myself at the same time.
Sure, the money I spend now might be worth a fortune in a few years and I might say: Look, there is me eating a bag of tortillas which is now worth as much as a plane ticket. But I have to live now and Steemit makes that possible. So I will continue to grow steady and burn as much as I have to but no single unit of Steem more.