Thanks for the informational post @krnel! I personally did not know about this for a few weeks when I first stared to use Steemit. Having been aware of this for a while now I choose to elect my posts in the 50/50 payout option. I do this because I like to have more control over the rewards that I earn. I like to watch the price of SBD on Bittrex and look for times where the market is at a demand for SBD and then sell them for a premium. This is a great way to incrase your overall reward, as I was getting on average of $1.50 per 1 SBD. That can buy you a lot more Steem!
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Thanks for sharing this advice, @elderfinancial. That's a good reason to be open to using both payout options depending on the market and your goals. Good to know. Onward and upward!
Exactly. You should be looking to maximize on each transaction you make on the blockchain. Penny's saved now, will be worth much, much more in the long run.
That's a great point! Thanks for offering that perspective.
I keep thinking about this concept. Love it!
Yup, if SBD goes up in value, you can sell for more than $1 and make more. It does happen once in a while. The past few weeks had it last a while.