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RE: The complexity of Blocktrades. Delegation chapter

in #blocktrades7 years ago

You were featured by @headchange in their entry to the Pay It Forward Contest.

Ok as for leasing SP, it's a lease and you are paying to use someone else's SteemPower for a period of time. The examples you show above are 30 or 90 days. You can also look on MinnowBoosters and lease by the week.

Once you pay for the SP your money is gone. Just like if you lease a car or pay rent for an apartment. The money paid is for use of whatever you are leasing.

I personally use leased SP to help boost my account so my vote is much stronger then I can afford to purchase. The first time I did it was once I knew I wanted to be serious about steemit and knew I needed to get the slider bar for voting which requires 500SP. Once I did that I have always had leased SP even now that my SP is over 500 and it's not needed for the slider bar.

Maybe this will be my post for this week to help show some options on how to lease and the benefits of doing so.

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Thanks for explaining here @thedarkhorse; I came to do the same, but see you have it covered!

@triplef, there is a steemian named @terminallyill who has done a complete series on cryptocurrency. I have learned so much from him, so you might want to have a look too :)

Thank you Mrs @lynncoyle1 . I have heard of him and I am following him.
Saw a couple of his articles, but I have been kind of busy the last couple of days.
I'm of on the two coming days so I will try to be as active as possible.
Thank you

You are most welcome!

Are you a member of any Discord groups as well? @terminallyill runs @greetersguild and there's also @newbieresteemday; both of these groups are there to welcome, support and mentor new steemians like yourself. If you are interested, I can give you the invite links. They're also a great way to build your community too, or to just have people to talk with if you need it!

Let me know; I'd be happy to help :)

Yes i am a member of @newbieresteemday
group on discord.
I was invited by Mr. @davemccoy .
Unfortunately at this time,
i am not able to be active in more than one group.
I have connected only to a few of them so far,
but will be more active.
One of the strugles is the time schedule.
I am from central europe andi see a few people online during the day so i believe they are from US.
Anyways, i will take my time to check and connect with most of the members in the team.
Thanks again for your help and offer.
Have a great day.

You are most welcome! And don't feel pressured in any way to join more. @newbieresteemday is a great group; I've been involved with it from the beginning and I've seen how helpful it can be to so many.

We do what we can, when we can...it's all anyone can ask for!

I have been around for so short time
but have received so much so far.
Took some precious info
i didn't find elsewhere.

I've been here since mid-December and still learn something new everyday! I'm glad you have connected with great groups and people so far. Be sure and tell others who are new about newbieresteemday too, then you create a group of people like yourself, who will all learn and grow together!

There is a group called @greetersguild that is so very helpful to new folks here. I'm going to leave you the link and you decide.

Perfect explanation.
I am perfectly clear on that now.
How about I ask you
for an opinion then:
Do you suggest me to rent the steem power
if I have enough SBD?
I think it's a good idea,
but since I never tried it
my opinion is not that head filling.

You did not only help him, but now I know how it works also, I just never looked into it. Now when I see that question next time, I too will e able to let someone know how it works.