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RE: AskLEO: Power Down Leo, Hive or Both?

in LeoFinance4 years ago

Power down? That seems a good idea but what about in the long term? What about in the future. If that will happen, the thousands of tokens you have in Leo will make you richer. I'm just talking for a long run even though I'm powering down here. Well, I have no choice for now because of being jobless. lol

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sometimes we need to cater for the short and long term. we don't actually tell what the future holds. it can go both ways. taking profit ocassionally or even paying yourself isn't such a bad idea...

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I do agree. Maybe at least hold a little.

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Anything can happen. If Hive would end up at $0 none of us would hold anything of value. I don't think it's likely that Hive will crash and burn though, but it can. That would result in zero profits if I never cashed out anything so I can totally see why people power down some of their stake.

There are many reasons to cash out, but there are many reasons to stake and hold as well..

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Very true, not a bad idea though. Talking about 50/50 here.

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