Steemit tips #4 Dont convert your steem to SBD yet.
As the steem rally dropping from at high 4 usd ++ in april this year , it going down to 0.35 cent in today graph , which mean the value of every steem you get from your blog only cost 0.35 cent .
Let us see what is the different between steem value in april and december .
In april 3 steem equal to 12 usd which is equal to 12 SBD if the value at that time is at 4 usd for each steem .
But today , if you got 3 steem its only equal to 1.05 usd which equal to 1 SBD according to current rate.
For you information , the default setting for steemit is always 50% SP / steemit power and 50% SBD / steemit dollar for every steem conversion .
My suggestion is change the setting to 100% SP where it ll convert all your steem to SP which is good to hold because it ll still in same value to steem.
The value of steem will never go to minus value because there is always blockchain created from this social media . And for me and may other writer ,now is the right time to power up . Where people start to buying steem to power up and keep it for long term until the value of steem crypto is growing.
Hope these suggestion will help you to grow your steem account in future.
Follow me at @tommyl33 for tips , art , photography , travel and more .
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Terbaik ini tips tom.
thanks mate
Thanks for suggestions dear @tommyl33 . I will surely consider. Have a great day.
Posted using Partiko Android
cool man :).
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