I started investing in steem within the first week of my account. I saw it drop to below $0.50 if i remember correctly and bought really cheap. Within a week or so it was up close to $2. It has been up close to $4 and think it will again soon. So why did i purchase steem as a minnow (still am a minnow). I did this like you said @gigafart to invest in a platform that i believed in and thought I was also investing in my self.
The more you invest in the platform, the greater potential you have to earn from its economy.
This is a very cool perceptive and relational for new members to consider. The example of facebook is amazing. I very much dislike facebook but love steemit. I wouldnt invest in facebook for that reason. I am hoping that I can keep all my steem power invest, though some life situations are making it look like i may need to take some out to pay my rent and eat. I would rather be investing more though if possible.
Thanks again @gigafart and keep supporting great content and writing it too.
I'm sure I'll be powering down at least some SP in the future, for any number of reasons. But I'm going to try avoid doing that during the rapid growth phase of Steemit, which we've clearly started.
yes very true. I agree totally and i prove this by by banking of some steem sitting in my account as we speak. I am trying to avoid taking it out if i can hustle some other way b/c we should only go up from here. Best of both worlds; investing in an altcoin that i totally believe in with a purpose as well, and also a coin that I am earning in addition to the growth of the coin.