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RE: STEEM: Compounding Your Way To Big Results Part II

in #steem7 years ago

Thank you for the nice comment @simplifylife.

I am glad I could help lift your spirits up.

It is true, when we compare ourselves to people with larger accounts, we lose perspective. If we use if for motivation ala if they can make it so can I, then it is great. However, when we get discouraged, that is not a great thing to have happen.

To start, we all must remember, no matter what we are getting, it is most likely more than what we received on all the other social media sites we were on in our lives.

Secondly, the payouts, even on the not so well voted posts, is still significant. Even 50 cents a post adds up and with SBD so high, that is highly possible.

Thirdly, as the price of STEEM increases, which it should, we are going to see it take a lot more money to equate what you have in your account. You already see the effects of buying in at $2 as opposed to now. Imagine this difference if/when STEEM hits $20.

For that reason, I think those powering up now are going to be in fabulous position. Even a few hundred SP will be worth a great deal at some point.

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Yep exactly, that's the point I was missing, that down the line, even not so high SP right now will become worth a lot more!!