Dear steemit - Advice please - Another quick question from some plankton. @minnowsupport @minnowsupportprojectsteemCreated with Sketch.

in #advice6 years ago

If I'm not interested in accumulating personal wealth at the moment and I just really want steemit to succeed, should I be converting all my STEEM into STEEM POWER and setting my rewards to 'Power Up 100%'?

This is how it seems to me now but I'm still really not sure...only been here a week and am still trying to figure out how all the crypto-currency side of it works round here. I've reread the FAQ section on it pretty much every day this last week (and looked up other resources) but I still only have half a clue.

Am I also right in thinking that holding STEEM is only useful if you want to get into trading? Is there any other reason to hold onto it?

Think I'm starting to get to grips with everything else but thought I should doublecheck and ask for some advice on this, before I start putting it all on 'Powering Up' my account.

Cheers steemians.

Sort:  

I think those settings are simply your personal opinion. I change them from time to time, you can also change it post by post. I fear that i don't post enough to really see a big difference.

But after all, i don't really have a clue how all that works and why :p

Hahah! OK, cheers anyway. :D

If it turns out not to be a matter of opinion and I get a definitive answer, shall I let you know?

Congratulations @ann-narkeh! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

Award for the number of comments

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Do not miss the last post from @steemitboard:

SteemitBoard - Witness Update

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @ann-narkeh! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You got your First payout

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

SteemitBoard - Witness Update

Support SteemitBoard's project! Vote for its witness and get one more award!

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.029
BTC 74831.10
ETH 2823.14
USDT 1.00
SBD 2.52