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RE: Jumpstarting with STEEM Power ~ Boost Your Influence and Capitalize on Explosive Steemit Growth!

in #steem9 years ago

How much of your BTC are you putting into Steem?

I'm holding my precious BTC. I bought Steem just to increase my BTC holdings. But I'm considering purchasing Steem separately and turning it into SP.

2 years is a long time though.... there's so much that can happen in crypto within that timeframe... I.E. last week's hack. I wouldn't even put that much faith in bitcoin

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I agree with pretty much everything you said. I'm putting about 5% of my BTC into SP at a time, and looking for a sharp correction to possibly buy more at once. I'm definitely still holding both BTC and SP because I see BTC becoming a true currency and that is a tremendous accomplishment and obviously has huge value to the world.

As for 2 years -- yes it's a long time, but I should also update this post to show that you get 104 payments over the 2 year time if you "Power Down" your SP into STEEM. So you would be receiving installments over the 2 year period and it would finish converting in 2 years.