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RE: The POWER of Powering Down--You can Power Down, earn more Steem Power, and still be very Bullish on Steem
I power down just so I can think of it as a weekly paycheck and plan around the income more easily. I power up all the SBD that comes to me the moment it lands so I'm always replenishing and adding to whatever is lossed in the power-down. Seems to work well.
Interesting idea. I didn't mention it in the post, but I Powered Up the interest I earned on my Steem Dollars. Just to experiment.
There just wasn't a lot of writing about Powering Down. Most seemed to only say POWER UP! So I wanted to learn and Powering Down doesn't seem to be the end of the world.
Yup. Good stuff. Would be cool to talk about the whales that are all powering down now and why it isn't really anything to worry about. They don't need the money so they aren't rushed into selling at too low a price. Once you have a good enough amount of steem power, the interest is obscene so powering down is pretty painless. I'm just a dolphin but even I'm pulling 25 bucks per hour in interest, even at this low $2 steem price.
I was going to write a post about the insane interest as well. Most people here are thinking in old terms of getting a few percentage points on an investment, when this is more like several HUNDRED points for the year. I obviously don't make as much as you, but as time moves along I'll be a whale in a couple of years just on interest alone. I make over $60 bucks a day on interest at current prices. THAT'S MIND-BLOWING.