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RE: Let's Talk—Why Are You Not Buying and Powering Up Steem?
Ha ha, I would delegate some of mine, but I use it all up on my own everyday. 🐳
Ha ha, I would delegate some of mine, but I use it all up on my own everyday. 🐳
And that is what is especially unique about steem and SP - for those that can't blog or read the platform and curate every day because of other obligations, SP delegation allows them to potentially earn a passive cash flow on their otherwise idle voting power. And even better, users compete for the privilege - it is a free market in and of itself! Investors in stocks would liken this to dividend payments, though the underlying mechanics are obviously different.
This is something I definitely have to look into, especially if I'm like going on vacation for awhile or something like that.
Definitely. I just followed you by the way. I appreciate insightful discussions here. You can learn more about SP delegation by reading the following guide.
Hey thanks, I've checked you out, and I think I'll follow you too. I try to stay away from prices though, as a devout long-term holder, they don't mean too much to me in the short-term, but I will follow anyways.
No problem! And yes while I post about price action analysis, I am not a day trader and focus on more longer term time frames. The big picture is what I strive to understand as an investor and market enthusiast.