Investing In & Increasing The Value of $teem For Us ALL: Why I Have Not Once Powered Down or Spent a Single $teem!
Greetings!
Because I see the awesome potential of Steemit/$teem, I am committed to investing in and contributing to the growth and the increase in value of $teem for all of us!
One of the best ways to do this is by powering up all your $teem and NOT spending it!
Now I know some people need the $ or at least WANT to use it for various reasons. Of course this is ok, as it's yours and you earned it!
However, every single time $teem is cashed out the value of $teem is slightly decreased, because the value is all about supply and demand - the more supply there is, the lower the value. The less supply there is the higher the value!
If everyone on Steemit were to do this, the value of $teem would be SOO much higher than it is now and we would all be much more wealthy because of it!
So not only is this good for Steemit as a whole, but it is good for YOU too, because when the value of $teem goes up the value of your account goes up!
Another powerful BONUS to powering up is that the worth of your vote goes UP, so you can pay yourself more with your own upvotes or the people you feel deserve your support, thus increasing payouts even MORE and everyone's account worth!
This is the smart way to guarantee more profit on your long term investment of $teem. You will get a lot more for your investment of time or fiat invested by holding and inspiring others to hold as well.
Then there is a snowball effect where the value begins to increase quickly and more people then want to buy in because they see steady increase. This increases the value MORE and on and on and on!
This is why I always do 100%sp posts and don't ever power down. Now in full honesty, I have donated hundreds of $ of $teem to @gardenofeden but that was to contribute to the various humanitarian outreach projects to feed and clothe homeless people. I myself have not spent a single $teem nor powered down once, not even in temptation to get something nice. I just donate the liquid $teem that I get from winning contests, comment payouts, and other $teem donations to @gardenofeden and it is for a very good cause that helps a lot of people. @gardenofeden is very efficient and sustainable making a small amount of $ go a long way!
As I said, I am not judging anyone for powering down or cashing out, nor am I trying to make anyone feel bad about doing so. I am simply stating facts that are true, which will accelerate the success and increase the value of Steemit!
I hope everyone who is able to joins me in powering up and increasing the worth of this community! This will in turn inspire more people to invest in this amazing opportunity!
As always, I appreciate your support and you can count on me using that support to further ALL of our success here on Steemit!
SteemON!
So nice this message is being spread. This is indeed the one and simple action that will shoot Steem up like a rocket. There is nobody that would not benefit from this. I hope other prominent Steemians will also start seeing this and post about it so the message goes global.
Exactly!
I am doing my part, thanks for the support and comment as it helps spread the potential!
SteemON!
I'd guess that it might be several years until I will even think about powering down. Donations and anything converted to Bitcoin for use elsewhere can come out of SBD, but SP is a number to increase.
I agree!!
SteemON!
that is a cool photo, how did you shoot it?
Which one, the blue sky photo?
I was about to say the same thing. Both photos are rad.
You just gave me inspiration.
I'll think of taking pics with placement of the Steem logo in mind.
Super creative. I loved it.
PS. I'm generally on board with the idea of always powering up and staying in the game.
I'm loving the Steemit environment and all it's positive reach. Just proud to be a part of it.
Yea man!
Your name is a perfect Steemit name!
Thanks for the compliment support and comment!
I have done a power down in each of the last two months, the funds are used to supplement my income.
My first year I didn't power down for anything and I'm really glad I didn't. Now, when I actually need some funds to get me through the month, I can do a power down and then get busy writing more to replace what I withdraw and add some.
Steemit not only motivates me to write but I can see results from my writing even when I don't power down because then I have a savings fund that is going to grow with the currency.
Yes good points!
As I said its ok to power down and I have no judgement about it. Seems like you have your reasons for doing so.
I appreciate your comment and sharing your experience.
SteemON!
man i just love your posts
Thanks, I appreciate your compliment and support!
I do strive to punish quality content.
@shadowspub, just keep it minimal :-) Your montly rewards will at least double if reward pool of Steemians goes back to Steemit, it's worth it...
by doing the power down only once a month and continuing to post as regular as possible, it is very minimal.
This is a great strategy and as I told you before will make you very rich in few years time...you are however very rich in knowledge ...wish you a blessed weekend and greetings to your family
Yes knowledge is more valuable than money but I am grateful to have both!
Thanks for the post, @quinneaker. I appreciate your perspective given your tenure here on Steem.
I have similar thoughts regarding holding onto, and powering-up, whatever Steem I am able to acquire, although I am brand new to this platform. However, simply from a boot-strapping point of view, maximizing your influence by plowing "profits" back into SP ought to propel one forward to higher gains later.
I appreciate your philanthropic efforts although I do not know much about @gardenofeden. Certainly to maintain a healthy and positive environment, some portion of what we do here ought to be of a Service nature and not simply self-serving.
Thanks for the post. I have followed you so that future posts will be in my feed. Feel free to follow me back and good luck here on Steem.
Thanks for the comment.
Yes there is little more important than organizations like @gardenofeden of which do so much for the betterment of the entire world.
I appreciate your comment and follow. Hope to see you around. Steemit has SOO much potential!
I love how the more experienced members here support the site and help us newcomers get along 👍🏼
Me too!
What a great community!
Glad you are here and appreciating it!
Really good post, the same principles apply to any crypto you actually believe in. The more you hold the more worth.
Yup
Crypto fell due to ICO banning from China, but amazing very fast recovery and going very high, Good Future predictions!
indeed, though this seems like a copy paste comment
Im trying to power up but damn its slow lmao i need to make some better content !
It takes time, I have been here over a year, thousands of hours put in. Really good comments are the way to go for a while. Focus on that.
HODL crew i want steem at 10$ so ima promote HODLing im going to FILM hurricane Irma now post my first video then walking outside to FILM im in SARAsota florida,,, prolly have to watch without sound lol its windy
yup