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RE: Dancing with a Bear - Thoughts on Steem's Future
My problem isn't with the temporarily lowered profitability of Steem, it's my irregular business cash flow that keeps me chasing fiat. If I had had the sense to cash out even 25% of my holdings during the bull run, I could have had the financial insulation to be very active on this blockchain during the off season...
Instead, I'm having to pursue new client projects in the offline world. I got too complacent about the great prices of January and missed out BIG.
I'll see to it that I never miss another bull run again! :-/
I'm of the same mindset, when the new bullrun comes, I'll be cashing out my SBD's and preparing for the next bear market. This is a pendulum, and right now we are ripe for a swing to the upside.
I appreciate your feedback. The last bull happened so unexpectedly - and I was traveling - so I missed the optimal cash out window. From there, it was apathy and vain hopes during the gradual slide :O
Lesson learned!!