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RE: I Am Bullish On BTC And Why I Sold Some Of It Last Night: HINT: Think STEEM
Do you think it's worth holiding all in Steem Power though or some in Steem? Just in terms of liquidity, would it not make more sense to keep a portion of it in Steem rather than having it all locked in and dependent on the Power Down schedule.
still learning, genuinely curious
powering it up avoids inflation....i personally like that it forces you to wait as it prevents me from dumping and jumping ship to another coin
Why can't I understand how this stuff works even though I read a tutorial on it?
I'm still mytified by all of the terms...
Also, powering up gives voting power, you can vote your favorite contents, and earn curation. You will also earn 2% APR in your SP. Or, you can delegate SP for different purposes. If you are a trader then liquid STEEM is better option since you can always transfer to exchanges. You can check your voting power at https://www.steemnow.com/
I prefer SP for a couple reasons.
Like @tt-dogg said, it avoids inflation since SP owners are compensated for the inflation rate.
Also, it adds to you voting power which helps your return since it makes all your votes worth more.
I'd say just keep the SBD you get as rewards and let it be your liquidity. STEEM has way too much room to grow. So don't power down yet. Instead you can HODL your SBD. Over time it should provide decent liquidity.