Hello! I just wanted to post a quick update to let you know that I'm planning on buying some STEEM and investing in some STEEM POWER today.
I just purchased some Litecoins via coinbase and I'm waiting for them to transfer over to my wallet so I can trade them for STEEM which will I will then convert to STEEM POWER.
I think this will be good for everybody in my Steem Network because my upvotes will be worth more, so the people I follow will hopefully earn more as a result! I'm not sure how much more my investment will make my upvotes worth, but we will see!
I already have a little invested into BTC, LTC, REP, BTS, ETH and GNT - time to redirect some into my new favourite social network.
Steem on guys!
Yes, Iwill do the same great
Cheers, and good plan!
Good Luck !!
Thanks @prakashghai
Cool! But just a question: why did you not buy directly Steem? why did you have to pass through LTC?
Thanks for the question - I'm currently buying via coinbase so my options were BTC, LTC or ETH. I plan on keeping some of the LTC and also putting a bit in some other Altcoins so I thought it was easiest to do it that way.
LTC also has the lowest fees amognst the 3, so its deff the best option.
ah ok! Makes sense :) And yes, the best is to diversify your portfolio!
Thanks mate!