You are viewing a single comment's thread from:

RE: Your investment in Steem is more about you then it’s about Steem.

in #mental-fortitude6 years ago

I feel like I am dollar cost averaging. I blog and comment daily without reference to the price and I take money out - usually weekly regardless of price. I power down continually, but try to keep the sp growing even if slightly. This way I am "investing" in steem, while still being able to use the money generated here.

This all worked much better with a higher price level, but that does not really enter into the equation.

I'm posting on 2 blogs with 2-5 posts a day total and making 30-50 comments. If the price goes up, I will still work at the same level and the same if it goes down.

Sort:  

Your very busy, but sounds productive. It’s a good example of Mali g money off Steem and getting paid for social media. Co granulation son your successful business model.

Thank you very much @shortsegments. I work very hard here and the payoff is just about enough. I pray for that price rise we all need. But for those of you investing cash, the slow drip method is probably a good one too. It's better to add money weekly or monthly instead of in one big lump as far as I can see.

I think that dollar cost averaging with intermittent purchases at fixed intervals is a good plan. I think you will be successful with this plan.

Posted using Partiko iOS

Coin Marketplace

STEEM 0.19
TRX 0.18
JST 0.033
BTC 87161.65
ETH 3057.00
USDT 1.00
SBD 2.75