I see a lot of people say to devote all rewards to powering up, and I get that -- people are really excited about the prospect of STEEMIT and the new asset class of user-generated-tokens. And so am I!
However, my plan is to do a 50/50 split, and every Monday I'll skim my SBD into Bitcoin.
Diversify... or something.
And then, eventually, 100 years down the road, I'll be a millionare from steemit.
I'm not claiming it's a good plan, or that it'll even last for more than a month, but that's the working train of thought over here .
When it comes to aquiring bitcoin, I find that doing big buy-ins just isn't my style. I don't have the skill, time, or money to buy the dip and sell the peak. So I like to collect a little bit on a regular basis and hodl with the assumption that Bitcoin will be worth $3000 by years end and $10,000 by the next halving.
What do you think? Is this dumb? I'm not an investor, so yeah -- it's probably dumb lol