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RE: Buy When There is Blood in the Streets - Perception, Framing & the Power Down Paradox
I'm a pretty poor person. My paycheck pretty much covers food and bills and that is it. I do sell SBD and STEEM that I make from my post, but I have NEVER powered down to do so, and I do not intend to anytime soon.
I do use SBD and STEEM to buy tools, games, food, clothing, VPN, etc. Things I'd normally not be able to purchase. I tend to buy most of those things while they are on sale so I manage to maximize how far I make this go.
So I am not someone who has ever powered down STEEM. I have sold the portion of my rewards many times. I have also intentionally powered up quite a few times using those funds if I did not have need of it at the time.
Thanks for sharing your experience. I certainly understand that not everybody can afford to hang on to all the steem/SD they earn. A robust economy should be able to deal with that.
That is a big show of faith. There are no guarantees as I often say but it could pay off big in the long term.