Uncertain about cashing out STEEM

Partly because I don't have enough time to go around updating a second social blockchain, I had first thought about cashing out my STEEM. Then I could focus on updating Hive. I got my first power down installment and cashed it out. It wasn't...

4 years ago, comments: 4, votes: 11, reward: $0.07

Partly because I don't have enough time to go around updating a second social blockchain, I had first thought about cashing out my STEEM. Then I could focus on updating Hive. I got my first power down installment and cashed it out. It wasn't much, about $5 worth. It was enough, however, to get me thinking.

I don't necessarily have to cash out STEEM. My stake will earn interest simply by holding it. It can also earn extra interest with Dlease. I could leave my SP leased out and earn some passive income that way. I would just have to check in every once in a while to lease out any spare SP.

The downside to this is that STEEM is being run by a maniac. I don't know that my SP will be worth much in 13 weeks. In addition, I have a reasonable expectation that ETH will appreciate in time, as one of the leading blockchains. I would be better served betting on a winner. I could move any loose STEEM to ETH.

Another alternative is to move STEEM into Hive. I just learned that it is an option on Blocktrades. That would really pump up my HP.

I'm torn between leasing out my SP for passive income or cashing out and using it elsewhere.