That is a great goal...get there as soon as you can.
I power up immediately since there is an equal chance of the SBD to STEEM ratio going down as there is it going up.
I try not to play the market like that...the market can win. But that is just me.
I hope it does go up to 1.5...then we all will be powering up at a quicker pace.
I was stupid to not power up when the rate was at 2. I kept thinking what difference is this lame 500 SP gonna make...I was always comparing to other people's SP and when I see successful ones having about 10k 20k 30k SP I got really discouraged and at one point i actually left steemit for about 2 months, which was a big mistake.
I recently decided to give it another go and came across a post of yours where explained even 500 SP is worth a lot!! Since my return, I have been lucky to get a decent payout on a lot of my posts xD xD
But you deserve a lot of credit for keeping my spirits high!!
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.
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!!