Powering Down! by bearbear613

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· @bearbear613 ·
$12.15
Powering Down!
![2784067D-5CEA-4BED-9C87-639F519A893B.png](https://steemitimages.com/DQmRzXhDSCAyWCs8yZSQoEP3TYriHSFsApAzah8BazTUUdh/2784067D-5CEA-4BED-9C87-639F519A893B.png)

The drama on steemit....

DOES NOT EFFECT MY DECISIONS 

Yes, I’m powering down. However we don’t have to look at this as a negative. It does not mean I have lost confidence in STEEM or steemit as a platform. The flag wars, the reward pool, the infighting has nothing to do with it.

The main thing I am looking at is a LONG position. SBD reliance is unfortunately to get some boost out of posts. STEEM takes about 3 months to power down fully; which I am NOT planning to do.

I removed myself from the crypto markets a while back to re-invest a little back into STEEM. Of all my market decisions this was the best because it helped me earn more rewards. After watching the crypto markets, sometimes we need some liquid steem to re-invest and profit take. I don’t like the idea at times, but right now I believe STEEM is on the way up.

What is the old adage? Buy low, sell high. Right now I am accumulating liquid steem (meaning not locked in Steem power), and will re-invest into some alt coins I feel have massive potential. Hopefully after which can be used to power up again. Sometimes our blog moves slow, and 7 day payouts is very long in terms of re-investing.

![5A52EA74-A54C-4250-839C-4576BC0C91C7.jpeg](https://steemitimages.com/DQmcG66uTyxYvEXJ62BnmmZxigJtEtEKhCCi8cHxiL1DW5f/5A52EA74-A54C-4250-839C-4576BC0C91C7.jpeg)

If anything I’m doing is correct, then a year from now i may be able to tripple my current SP. Thanks to steemit I’m in the crypto-market to begin with. If anything I wish to protect this platform as it has been so giving. Powering Down long term does not mean divestment from the platform.

![12B74BF2-83D8-4F85-AA7A-BBF3326AFB23.jpeg](https://steemitimages.com/DQmTnDJXKxtfwvYj3x7VDr9SMKcWp2UBWUiGNWLpKuJ1XY4/12B74BF2-83D8-4F85-AA7A-BBF3326AFB23.jpeg)
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vote details (33)
@nishanaz ·
Nice job
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@sirstacksalot ·
$3.64
There is absolutely nothing wrong with taking a little bit of profit.  If you invested money in Steem in the first place, use this run-up to cash out your original investment (plus a little more for fun).  That will leave you with "house money" to do with on Steemit as you please!
👍  ,
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vote details (2)
@bearbear613 ·
It tooks about 7 months but now I'm starting to cash a little out into other crypto's. Cashing out into FIAT is so difficult in Canada. The only way I have been able to get anything is order some gold/silver but they screwed up my second DASH payment and waiting for a refund. - There are problems and not so much crypto adoption to buy things here in Canada.
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@oldtimer ·
$0.36
Use quadriga. It's easy.
👍  
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vote details (1)
@bizzz ·
$0.06
I think stories of being able to convert SP or whatever equity you build on steemit into other cryptos or fiat payouts will ultimately help the success of steemit. No one is really getting paid if no one cashes out.
👍  
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vote details (1)
@abir97 ·
I am relly need this post . This post helps me . Thanks for sharing this valuable post
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@slayerkm ·
$0.05
Good luck @bearbear613 been a silent follower for some time and always love reading your content. Good luck with your plan and I understand powerdown does not mean you've lost faith in Steem
👍  
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vote details (1)
@jafernandez ·
good work
👍  
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