People see powering down as something nefarious or bad, something detrimental to the platform. If used the right way, it can be an awesome feature.
What I personally like to do is keep my stake always powering down so that I can get a portion of my locked Steem Power liquidized. That way if I need to trade it or something, I can! I haven't, to this date, traded any of my Steem from a power down. So if I don't need to utilize the liquid Steem, I just shuffle it right back into my Steem Power. I repeat that every week :-D.
Power up yo' power down!!! That's what I do.
From my understanding, that's kinda the purpose of the mechanic, so you can have a nice little weekly "pay check," if you need it.
Thanks for always dropping solid blogs!
Thanks for your nice comment and compliment.
You are right. I have seen many do this power down/up rotation and it makes absolute sense if you want to trade or take profit when there is a huge price spike or any reason really.
The only downside I can see is that you have to ask yourself these questions every week before you power it up again. I don't have to think about it. Just less worry :)
But besides that powering down rotation makes more sense.
If I want to trade Steem, I just buy it on an exchange and trade with it haha. What I have invested in the platform will only grow. I do sometimes send friends/family Steem to give their account a little bump. My wife ( @kotturinn ) for example just got me for 500 Steem and then powered it up :-(. She's evil.
Cool that your wife is on here too! Bianca (my girlfriend) is as well but not as active as I would like. I don't think your wife is evil. Evil would have been selling that STEEM to dollars and go cloths shopping :). Powering up is a wise decision!
I say evil in a joking manner haha.
Yeah she is super active on here and on Golos. He posts are always super high quality, I wish she had more followers/voters. She puts so much effort into her posts and does such an amazing job, she gets sad when not many people react to her stuff. If you look at her content, you'll see she absolutely kills it.
nice thank you