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RE: Steem Resumes Price Drop
So are you selling the LTC for SBD or for Steem? Are you trying to stock more Steem or just holding SBD?
You can edit posts after making them. You have until post payout.
So are you selling the LTC for SBD or for Steem? Are you trying to stock more Steem or just holding SBD?
You can edit posts after making them. You have until post payout.
Was converting LTC to SBD to buy upvotes on smartmarket until I ran out. Now I don't know. Interested in converting see for more SBI shares if I can find a trade, or just holding either SBD or STEEM, want to get my power way up.
I know how to edit, but the post payout doesn't seem to be available for change
Although I don't give investment advice, my personal strategy is to avoid buying any votes when the market is in decline. The reason for that is that the rewards are paid out based on an internal price of steem that's based on a three day trailing average. So if the market is dropping the votes you're getting are at the live price which means they're lower than they would have been. However, the internal price of Steem is still the average from the three days before, so if the market keeps dropping, you don't get as much in rewards as you would have if the price stayed the same, or if you waited for the price to bottom out. The best time to buy is when the market is headed up. Again, all that is just my opinion, it's not investment advice. You'll want to do your own research. ;)
Ahhh, sorry, I misunderstood your question. The answer is, "No." Once you have selected a payout option, you can not alter it. Therefore, with the price this close to dropping below $1, you have to ask yourself if you think it will drop below $1.00 in the next seven days. If not, stay with 50/50. If you think it will drop below, then do 100% powered up. Make sure that matches with your strategy though. I can't advise you, I can only give my own opinions. ;)