O goodness this sounds like a disaster waiting to happen. It will be like if they ask me to do a presentation on blockchain or steemit for that matter - at least I know how to post and vote,hahaha but the rest I will leave to the experts. A lot of people out there like this one who think they are 'experts' and ready to dish out advice. I really do not know what to believe. Like I say I know little to none about this so it confuses me - like a simple question - so I rather cash out sbd or do I rather buy steem? Everybody has a different opinion
Everyone does have a different opinion. I am happy to offer mine if you are ever stuck with the whole what to do with steem/SBD nonsense :0)
Please feel free to enlighten me - I feel this way - It is nice to cash out and have the cash but being a mother, needless to say you know where the money goes, so I figured putting it into steem gives me more voting power and I can keep it for 'one day'. I do not know if that is silly?? And I need someone to tell me steemit will not dissapear and take my steem with it hahaha
That's the tricky bit. Knowing what you want to do with your steem/SBD.
I am almost 100% confident that steemit is going nowhere, add in going but or anything. Also they are working on a steem wallet. That's important because it means if steemit.com ever closed down you would still have your steem.
Anyway, I get what you mean, is good to take money out. What I do is buy a little steem each week. Obviously it depends on what you earn but for example if i withdraw 50 sbd i will buy 10 steem and then keep the rest. And periodically send my steem back.
If that makes any sense. I do think it is worth while building your steem power up because you do better with more steempower and it is bound to become more valuable in future. It's always there for you to take should you get desperate as well
Thanks that makes totally sense - thanks for the advice - this platform is still mind boggling to me , but I make some money, can read great posts like yours so all and all I am just thankful
I think we all are! Who knows where we could end up in a few years!