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RE: A newbie POWERS UP for SPUD2

in #spud2 • 7 years ago

I respect your decision and the structure of the contest -- it's no problem! I gained knowledge of how to power up, how to turn SBD into Steem, how to understand my wallet, and why SP is where the action is. I also will be able to make it to 500SP on my own ten times faster than otherwise because I know now what to do with my SBD and Steem as it comes along -- and I found out about @wherein and @smartsteem, and will be able to make use of them once I get enough SP to work with! So far as I am concerned, this was definitely a win-win proposition -- and having your support is just icing on the cake! Thank you for doing all of this for us!

7 years ago in #spud2 by
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     7 years ago 

    Thanks for the understanding and for the support. Also so glad that things are making sense here. Take care!!

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       7 years ago (edited)

      Two more tips for you that you might not know about, but that will help you make the most of your steem experience!

      Check the value of SBD here: https://coinmarketcap.com/currencies/steem-dollars/
      and if it's significantly ($0.90 or lower, I'd say, YMMV) below $1

      1. instead of using the market to trade for steem, you can convert it directly to steem at a value of $1 (averaged over the course of three days. It takes three days to do it this way - steemworld.org has an easy tool)
      2. If you think the SBD might stay below that $1 threshhold for a while, use the 100% SP power up choice in settings rather than 50/50

      Of course, when it's above or near its $1 peg, like it is now, do the opposite of those two things ;)

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         7 years ago 

        Thank you so much -- this makes sense, sort of... I was giving thought to going 100% SP, but it looks like it isn't the right time for that.

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           7 years ago 

          I mean, if you don't want to think about it, it's not a terrible thing to do. Maybe you lose those two pennies per SBD, but it might be worth not having the minor annoyance of checking your wallet constantly.

          Posted using Partiko Android

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