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RE: That's It. I Got On a Down Vote List ... bye

in #cent14 days ago

I couldn't figure out the reason for the downvote.

If you notice; I am powering up author rewards and powering down curation rewards.

Don't you find that odd?

I have a reason for this.

I realized that curators are the beating heart of this platform. The power down is the only way for curators to realize profit.

Since curators are the beating heart; it is imperative that we except power downs.

If curators fail to perform periodic power downs; they risk losing everything.

I don't want our curators to suffer.

It is wrong to stigmatize power downs.

Imagine a curator who power downed 100 HIVE when it was trading at a dollar. Now imagine the same curator repurchasing the HIVE at a dime.

I would jump up and down and yell "bravo." Your wise investment decisions turned 100 HIVE into 1000 HIVE!!!!!

HIVE needs people who are actively trading the token.

FWIW: I wanted to power down part of my account was worth $11,000. I gave into the stigma and didn't.

I got to experience the drop for $11,000 to a $1,000 ... I lost 90% in my investment.

My HIVE Strategy

I actually advocate a strategy in which users buy enough HIVE to achieve their investment goals. I suggest at least $500.

After achieving the investment the goal, curators should power down a portion of their curation reward.

That's why I power up 100% of my author rewards and power down curation rewards.

Notice that this strategy involves buying HIVE ... which supports the price.

PS: My curation reward was 14 HIVE a week when I set in on a 10 HP power down.

PPS: Feel free to reuse the picture. AI-images are treated as public domain. I probably wouldn't have published the rant on this platform ... if not for the picture.

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I am not sure if that was the reason it was just a guess.

I honestly don't know how to tell what type of rewards someone is powering down.

I do think being a good author is different than being a good curator so I am not sure if this strategy would work for everyone.