Powering Down and Some Delegations Removed
View this post on Hive: Powering Down and Some Delegations Removed
6 years ago in #steem by mikepm74 (66)
$2.53
- Past Payouts $2.53, 0.00 TRX
- - Author $2.22, 0.00 TRX
- - Curators $0.31, 0.00 TRX
Fair enough Mike.
I struggle with undelegating, even when there is a clear reason to do so, and in this case the projects/people you were supporting are solid.
However, it's your stake, and I'm pretty certain there will be no hard feelings at all.
Diversify away! I should probably follow suit really.
Cheers!
Thanks for the kind words Asher. It's a hard choice to make. On the one hand, Steem is what got me where I am. I don't want to turn a blind eye to that, or to the long term prospects of the project with SMT and potential project airdrops and whatnot. On the other hand, when Steem price goes from $3 to $2 my portfolio literally staggers.
The latter point is what pushed me to this decision. I will maintain a presence, and attempt to organically grow my Steem holdings back up. We'll see if I can pump out some content worthy of some good sized rewards as we get into the summer and my free time is not consumed with harassing a child t get his homework done. LOL
As for the delegations, yes, they are very good projects. I will likely set up an auto follow on @r-bot to make up for pulling the delegation. There's more than one way to support a project, and that would help with my lack of time for Steem at the moment and feeling like my Voting Power is going wasted. In fact, I will probably do that here when I finish this comment. Thanks for pushing my brain! hahaha
Have a good one man!
No problem :)
The token is only worth what it's worth when you cash out - no need to look at the paper numbers too much, that generally just causes stress. A bit like pestering someone, say a child, to do what they should be doing!
Trailing @r-bot will certainly be helpful to the good content producers, I see that name in all the right places.
Can I include a shameless plug for @steemcommunity? Too late :)
It's a witness myself and @paulag share. We have been up for a few weeks (2 posts with info at the account) and have a particular focus, which sort of emulates what we do on the platform.
Good luck with your adjustments and have a good day :)
I also have all my eggs in one basket so to speak. The problem I have is that I dont have time to work out what the other good baskets are. Would love to hear your views on what other products out there are worth investment in. I've got a bit in HeroCoin and some in Crypterium. Maybe i can delegate to you for investment ;)
Nice, diversification is like a warm blanket.
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