Are You Torn Between Staking or Selling Your SteemEngine Tokens?
Happy Mid week everyone, today I thought we'd talk about our very own Steemengine tokens on the platform. What are you doing with yours? Staking or Selling for Steem? Here's My 2 STEEM Cents.
XO
▶️ 3Speak
I am staking 100% of my tokens and delegating where required.
Always remember your investing strategy can differ from others.
You will be most successful if your system addresses your known weaknesses
I also advocate for attraction networking and ream building cause this game is forever
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I am staking most of them. Some of them I sell for Steem and then I use that to buy the miners.
For example, Cats Make Kittens is a miner that produces Kittens tokens. I wait a few days and the sell the Kittens enough so that I can buy more Cats Makes Kittens tokens. So I am making more Kittens tokens faster.
Ideally I should have bout the Neoxianag miner because it’s worth thousands of Steem now.
I didn't even know there were kitten tokens, what good are those? Lol, Very interesting to see how this platform is evolving lately. So many communities coming up.
I don't know what they do, but they are worth about $0.10 Steem each.
What I do is look at some of the gambling ones and they will have tokens. What I do is stake them and every day I start getting dividends. GAMER tokens are probably the best, but to claim the daily dividend you have to go to Kryptogamers every day. I delegate to them to get free tokens every day.
There's another one called Epic Dice which will automatically pay you dividends, but you can't stake the tokens you just hold them. I got in while they are cheap so that they start paying for themselves after a while.
I do wish I had a lot more money to put into Steem, but at the same time I need to find a way of putting it back into Australian dollars without attracting government attention.
@elsiekjay, I am going forward with 50/50 Mechanism and by that i mean, 50% Staking and 50% selling. Stay blessed.
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It's important to have a plan, whatever works for you.
Absolutely true.
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Hey EL, Nice questions!
So I am staking until I get at least 1000 Tokens locked. It also depends upon the price of the token. Sometimes I stake till 10000 Tokens locked.
Once my initial goal is reached. I sell half and stake half my weekly earnings. xD
It's so much easier. Wish I could write some code to automate all this. :P
I think that's a good way to do it too. I do also have certain goals for certain tokens, as well as Steem. Hopefully when I meet then I can be able to exchange the rest for Steem and Keep on building my Steem Power/ Influence on the platform.
Keep on Staking ;)
STEEM is just $0.12 today. I'm gonna convert all those tokens to steem and power up... After STEEM fest and the SMTs... I hope STEEM price will shoot up✌💗
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I can't help but buy steem with my tokens and then take a chillI and wait till steem hit a price above $1
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