What is the best way for my account to make the most money? Power Down and buy back or auto-vote for steemsports, curie etc.?
My situation: I have no money from outside to put into STEEM. What do you recommend I should do now after looking at my account and situation?
Thank you for your quick analysis.
I'm afraid that is something you must decide for yourself. Any advice that someone else gives you could well work out to be wrong. If it was me I would hang on to the SP and try to build it up with posts but I don't know what the price will do for sure. It could be you could increase your holdings by powering down and buying back but if you power down now it will take 7 days for the first payment so you may already be at a disadvantage in terms of price by then.
I did not know that it will take seven days, damn, thx!
Edit: copy from chat:
i lost all advantages. As a small guy I can read a lot and be early but then the falling price enables everyone to buy cheap and my advantage is gone.
First with bitshares. bublle and I didnt sell. Now with steemit. Everyone said power up and again I lose everything
while the people with money win
it does not pay to be a part of a community and do things for the common good as a minnow
I have to take the mentality of a trader and speculater and put all morals aside
Most of the people have a jon and external income. I belong to a small group of poor people and therefore have to think different
Because nobody gonna send me money or help me when I get broke
When all minnows power down together, they will win
because the big investors made a ´mistake´ so they also have to pay for the loss
So I could make a post: All minnows Power Down! Then the price will maybe go down further and the minnow investment group will win
You should bring value to the community. Invest your time, energy and thoughts into creating valuable content.
I tried, it doesn´t work.
Edit: This post is bringing value to all minnows without external income!