RE: AskLEO: Power Down Leo, Hive or Both?
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I have cashed out Steem in the past and I bought a phone, clothes, went to a decent restaurant and whatever. It felt nice and I've never had any dreams of becoming a crypto-millionaire or whatever..
Finally, someone with realistic views.
At what point will you power down?
Is $1 enough or do you aim higher than that? $5? $10?
The more the price is, the more your upvote value is, so it is foolish to power down at $1 USD. $1 USD is just/only the beginning.
I am planning for the long term with the Hive blockchain, so I am not planning to power down in the near future.
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I think Hive is a bargain at $1, but I would reduce the risk of ending up with zero if I cashed out something on a weekly basis, even if the price is $0.5.. I don't think it's likely that Hive will crash and burn though, but it's still a risk and that would ultimately mean zero profits in such a scenario.
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