RE: If You Had Your Hive Valuation in Cash

As I recall the original power down period was something outrageous like 54 weeks.

I like the long power down design as it forces people to think long term. 12 weeks isn't really a long power down. It is not even a full quarter.

The alt-coins on Hive-Engine have different power down periods. It is interesting to see how that affects investment in the coins.

The CHARY power down took place in five transactions over a year. Taking a year to power down in an interesting idea. The problem with the CHARY power down is that it took 73 days to get the first payment.

BTW: I was very close to powering down a few hundred HIVE last November. Had I followed my instincts I would have been in a sweet position to capitalize on the market correction.

I decided against powering down. My thought was that one should first achieve one's investment goals; then start the power down. I achieved dolphinhood last month. I am now powering down 10 HIVE a week. It will be interesting to see how my attitude to HIVE changes now that I am actually withdrawing cash.

!WINE

Posted Using LeoFinance ^Beta