At one time I had over 8300 SP and was a dolphin here. A small amount was earned and the rest of it was from an investment of only about $780 when Steem was hovering at 10 cents per Steem. Then I ran into financial calamity because of my Mother's stroke and had to cash out everything at a profit of around $1100 total.
So I made a profit on my investment, and it helped me pay for bills, but I lost in the long run, because now Steem is over $1.00 (as of today about $1.24 right now), and it was over $2 last month.
As long as you don't cash out, there is no loss, and if you cash out too early, even if you profit you could still end up seeing it as a loss later when the price goes up even more. I wish I still had the 8300 SP. Lol.
Resteeming this to 13,000+ followers. Hope it helps a little.
Wow, the main thing is you made a profit, and I believe it won't take you long to become a dolphin again, but to be honest in my eyes you are a whale.
I'm not planning on cashing out anytime soon, this is a long term investment for me, I really want to grow in this community, you are really helping me along the way and I never forget people who help me.
I love it that you enjoy my posts and resteem them, thank you for the support :)
Joan is definitely the closest to a whale you can be without whale level steem power. An "alt" whale, if you will ;)
"Alt" whale. Lol. I like that. :) Especially since I like playing with my name, Joan ALTres (Joan of Alt, as in ALTcoin).
Since HF19, however, it's been more like being an "alt" dolphin. :(
Clap clap clap!! Well said, most definitely an "alt" whale.
Thanks for that :)
Yes it will help we the newbies a lot.