You are viewing a single comment's thread from:

RE: AskLEO: Power Down Leo, Hive or Both?

in LeoFinance4 years ago

Or just wait for $2 or $3 prices, then start.

And what if it will go higher?
Steem was around $10 USD a few years ago.

The more the Hive worth, the more your upvote value worth. Why power down, when the things are getting good? I will not power down in the near future. Not even if the price will be $5 USD. I am planning for the long term with the Hive blockchain.

Sort:  

I can totally understand- and relate to what you are saying.. What if I continue to stake my tokens for years to come and everything just suddenly crashes though..?

That would mean a lot of time/money spent with zero profits in the long haul. A power down (or a couple of power downs) would reduce the risk of getting zero profits.

Posted Using LeoFinance Beta

With what they have done with Hive security, etc, I'm not too concerned. On the other hand, if it were Steem and Justin sun, then never.

Yes, I agree with that sentiment. My plan is to continue stacking Hive, powering down only tiny amounts. Or delegating, and possibly selling earned tokens, at least something like that.