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RE: Vlog #5: STEEM + financial freedom, + Bonus: no more shaking camera next time.
I understand wanting to stick with Steemit (I do, too), but is it not prudent to take out a bit of profit? Even if the market price of Steem goes skyrocketing, it still doesn't hurt to power down a bit, just to be on the safe side. After all, we all know nothing is for certain (except for death and government theft, of course). 😀
Everything I would power down and sell I would never be able to earn back with blogging in the future. I'm simply not good enough yet and realistic enough that when the pro's come that it will be even worse :).
So I have to put powered down Steem it in something that rises faster than Steem so I can buy back more. I don't want to convert it to euros to have it sitting in my bank account with 0% interest. But this means I have to speculate and I don't do that.
Steem is a fantastic investment because having it Generates more Steem on its own. If the steem that it generates on it's own is enough to pay my bills. I have acquired financial freedom. Steem only has to go another 5x for this to happen. I can not sell this dream for euros.
Thanks for the thoughtful response @exyle ! Food for thought.