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RE: "Losing 20%" : Low cost for high gain?

in #steem5 years ago

Many people like to talk about the highly staked like they are somehow uncaring bastards but that is far from the truth of the matter in my experience with many of the highly staked. Many of them do it tough each day to keep their Steem powered up and still they are sharing their votes, increasing their risk exposure and providing for people they know are 50/50 likely to sell and deflate their value more.

So much truth there. I'm not too concerned about the selling, though. Every author who cashes out $50 is making it real to his friends and family. It quells ponzi scheme misgivings and makes cheap Steem available to someone willing to trade it for fiat.

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I don't mind the selling either, especially for those dong it tough. I just wish they don't sell all. It has nothing to do with me but, holding 10% back for a few years might not just get them out of a tight spot but instead change their lives for the better.

Wisdom - The thing you get just after you needed it.

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