Thanks for your reply very helpful:) So you don't convert the steem you earn into steem power? And if I've understood correct it takes over 2 years to totally convert the steem power you have to steem if you want to power down?
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Converting into SP is even better because it makes your upvotes more powerful and earns you more curation rewards. It used to take 2 years to power it all down, now it only takes 13 weeks (~8% per week turns back into Steem while powering down)
Oh wow that is a lot better when I've got some money to spare I'll definitely get some steem to power up thanks a lot, you've been very nice and helpful to me! :)
Thanks this is very helpful to me too. What would you say are the optimal ratios that you should keep in STEEM, SP, SBD, SAVINGS if you are busy building your reputation. I am just converting everything and powering up the whole time.