I'm holding Steem Power...I split 50/50 on my author/currator rewards..the SteemDollars I convert to BitCoin daily...
I'm holding Steem (in SteamPower) and bitcoins..
amiright?
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I'm holding Steem Power...I split 50/50 on my author/currator rewards..the SteemDollars I convert to BitCoin daily...
I'm holding Steem (in SteamPower) and bitcoins..
amiright?
FOR example...just now...I transferred and sold 18.430 SBD .
I now have $ 42.3936 worth of bitcoin...(I think..)
For the long run, it will be more valuable to keep your value in STEEM. Of course, you can offset the risk by keeping some of your assets in a "safer" currency, like Bitcoin, that's up to you.
But the potential of growth for STEEM may be bigger than Bitcoin (and SBD, obviously). Bitcoin grew 8 times over year, STEEM grew 14 times. You do the math.
How much did Steem fall in that same year...seems like it's high was $4...and it's low was about $.04
It's only regains 1/4?
yes, exactly. But we're talking the first year of existence. You don't want to know how Bitcoin did in its first year of existence :)
I already know...
irregardless...I only have my TIME invested...it's not like I'm going to lose anything.
I'm considering diversifying my investment...(from the 50/50 reward thing)...leave 50 in Steempower...50 as SBD which go to BTC...then what?
meep