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RE: What price is right for hitting the sell button on Steem?
Hmmm. I'm not sure selling 5000 steem @ $27 would be a sound retirement plan. That's only $135K
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Hmmm. I'm not sure selling 5000 steem @ $27 would be a sound retirement plan. That's only $135K
Posted using Partiko Android
It depends how much you need.
For me that's allot of money and just enough for a simple life moving forward, but rapid chance to retire. Remember with the other half of my Steem I would still be making a passive income - if its some what based on posting in 2 years, being retired means more time for quality posts :)
True, but I looked at the numbers purely on what is currently still owed on my mortgage and $135K wouldn't pay it off in full, therefore I couldn't retire on such an amount.
Fair enough - Sounds like you need an aggressive Strategy to get more then 10,000 Steem. Seriously though mate paying off the mortgage is a top priority; I managed it through hard work and saving hard and now when I go to work I don't feel like they own me (as much)..it was certainly a key thing in opening my mind to other issues our world has - when your at work paying the mortgage the system has you too thumbed to notice most things.
Apparently the system wants me to upgrade my house and get another mortgage - I say screw that, I have a roof over my head; I don't need a triple garage, yet they make me feel like i want one.
Yeah, I'm slowly building up my Steem reserves (and chipping away at that mortgage as well).
Drug Wars sounds interesting, but I haven't had a chance to have a look at it as yet.
Good stuff and good luck mate...it is anything but easy.
drugwars Is worth a look in, I'm hoping it doesn't end up a 'pay to win' game. Right now early players have advantage, but hopefully they balance game play right - you know from IBT I like everyone to have an equal chance to win...its worth a look :)