My main problem with growing my account is the desire to cash out my current gains rather than invest in SP. I think the three year payout thing is what scares me the most. I'm worried that the market will crash and I'll be stuck with a useless currency.
What made decide to believe in Steemit as a good long term investment?
PS: I finally got around to listening to Jordan Peterson for the first time. I really liked what he had to say but I'm a little skeptical of any online self help type of program that you have to pay for. What was your experience like?
Actually, it's 13 weeks with 1 payment per week (not three years). It's for sure a bet and you shouldn't invest in something you don't really grasp and believe in. Otherwise, it's easy to panic sell. (at one point, Steem was worth $0.10)
SP helped me curb my desire to panic sell and also helped me be a good hodler.
Overall, I believe in STEEM because it solves a problem for the content internet. It's far from perfect but i've seen it getting better and better. It's also the highest performing blockchain: (check www.blocktivity.info) and the website has about 35 million pageviews per month.
I have a hard time believing that the value can go to zero at this point and how it can't keep growing...especially with the incoming Smart Media Tokens. Call me up @jrue if you ever want to chat about it :-)
As for Jordan's program...it's a directed writing program, so technically, you could do it all by hand but I found that using his software help direct it better. I've done a lot of self help stuff in the past and I must say, writing has been the best to sort myself out. It's cheap too I think...like $10. Me and Annie did a week-end retreat to plan our future and that was exactly what we needed to plan our future together.
That's good to know. I'm not sure where I got the 3 years thing from! 13 weeks is much more reasonable.
I probably will take you up on the offer to chat (maybe once my finals are done). I have a project idea that I want to get your thoughts on.
we are seeing each other for Christmas right?
Yep.
It used to be two years (109 weeks) before a hardfork changed it to 13 weeks, so that might be where you got it from ;)
Yeah I think that's what confused me.