Should I Power Up? Save Up Steem? Put Steem In My Savings? A Few Questions For The Community
steemit·@joshsigurdson·
0.000 HBDShould I Power Up? Save Up Steem? Put Steem In My Savings? A Few Questions For The Community
So I'm loving Steemit. I've been on since early August 2016, but there are still a few things I haven't completely wrapped my head around... Many are saying I should power up for the sake of compounding interest. I'm seeing other top notch Steemit users completely cash out their Steem. Accounts with hundreds of thousands of dollars worth of value with 0.00 STEEM. I'll give you an idea what I'm really looking for personally... Insurance is important to me. Steemit seems like a greater insurance than investment, not to take away from the obvious opportunities with investment. My main goal on Steemit is, not only to make the community stronger and bring more people to the community, but to make money. I'm a proud capitalist and I'm not afraid to admit, a major part of this venture for me is making lots of money as I'm a reporter who has been shoved to the curb by YouTube and Facebook due to demonetization and suppression of viewership via constantly changing algorithm. So basically, what is the best method on Steemit to make money? And why do so many powerful members of the community cash out everything when there's such a huge untapped potential for demand on Steemit? I know there were several questions involved in this post but I think your answers might be quite helpful to others just joining Steemit who aren't completely aware of how this system works in its entirety.  Thank you!
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