I found myself having nightmares because of ceaseless contemplation to power down in order to meet some very necessary and disturbing financial obligations. I have heard several persons talk and write about powering down and why it should be the last resort for any steemian, but in my case, It was the first and last resort as I had nowhere else to turn.
Powering down from 132.300 hard earned steem to the current 80.404 steem is the hardest decision I have taken in years
I have never been thrown into a state of helplessness than It so happened recently. It all started few weeks ago, soon after I was done organizing my first steemit breakthrough workshop where I spent much to make it a resounding success (See evidences HERE, HERE and HERE ). Part of what I did was rolling out those steemit-promotion materials as pictured in those linked posts above as also shown below:
About 300 copies of this was printed.
Four (4) of these shirts were printed because of lack of support.
About two hundred copies (200) of this card was printed.
HEY! I BURNT MY HANDS SLIGHTLY and then the creditors came calling.
The only regret I had was that I had to power down to settle debts. Aside this, I had joy and happiness untold, because very many persons has heard of steemit through my little effort.
When I began to analyse, I soon discovered I had brought sixty (60) persons to steemit through the steemit breakthrough workshop, daily distribution of my business card and even with my Steemit community group on whatsapp with twenty one (21) members.
Even though I barely got something tangible from the seven (7) steem I was getting weekly from power down, I still continued because I was pretty sure a series of power down would be enough to settle my bills.
Powering down has very many grave consequences both to you and t the Stemit community generally. Very many times when I remebered the above described power down saga, I bite my thumb. Upon grasping the full importance of holding much steem power, coupled with seeing people power up or ivesting in Steem daily, I quickly vowed never to power down for two years no matter the situation.
To Personal account: you must have known this (if you have been active on steemit for 5 months). If you are new on steemit, you must know that powering down has a grave consequence on your Steemit account.
Powering down will definitely make you regret when those who held theirs will be rewarded later....I got this Idea from 
To steemit generally, powering down has some consequences and I have vowed never to be a party to engaging in an activity that will bring down the community. We need investors on steemit (I.E. people that will put in their monies into steemit and watch it grow.), and powering down is a minus to that goal. Aside this, I believe strongly that there are other consequences that powering down has on Steemit as a community, Please feel free to drop them in the comment below for my learning.
Thought of Powering down should be one which gives you headache instead of smiles, knowing that you have a lot to gain from holding your steempower.
Friends, I was a victim of powering down as you already know and I really regretted selling off my steem so cheaply because of financial strains both emanating from organizing a steemit workshop and other personal stuffs.
