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RE: 🖖 Hi Everybody! I'm Crypto Connie of Blue Rock Talk and this is my Intro Video to D-TUBE!
@eric-boucher, ok... now i am more confused. lol...
🤔 hmmm, let me ask you this, and thank you for your great patience!
Ok, I want to pay off a credit card... the quicker the better. What is my best strategy in terms of 50/50 or full 100% and also what to do when these prices are so high. I feel like i should be doing something to grow it, but not sure what that is. Please feel free to look at my wallet and see where to start there. It will help me greatly. I am confused by the STEEM and SBD too. 😳
Thank you again if you have time, I am around (so is my interest on this darn credit card-arg) 😜
~ @bluerocktalk🖖
Looking at your wallet, I'd say you don't have tons of revenue to acquire for the moment, even if you want to pay for your credit card... If you want to allow for Steem and SBD to come into your wallet as quickly as possible in order to use it to pay off your credit card. I'd suggest posting a lot of quality and go with the 50/50 option as, at least this way, you get half of the reward in usable/tradable Steem Back Dollar! Especially now that the SBD is so high in value, you'll be able to make a lot of "cash" quickly. Meanwhile, the other 50% goes into the Steem Power to uplift the Steemit platform, sort of like a back up for the whole ecosystem to be supported safely thus not having to worry about dropping like a bomb. The people invested can't suddenly withdraw and leave with a large chunk or all the assets of Steemit.com! Notice how the so-called 100% refers to the Steem Power? That means that if you click this one, you end up investing everything into the platform and don't leave yourself any space to maneuver with liquidity Steem or SBD. Using the 50/50 is the best option in your case and, as an investor myself, find it very useful to have some extra cash to reinvest into what created the possibility for Steemit.com to see the light of day: Thus, I reinvest into cryptocurrencies that are its relatives and, more often than otherwise, I choose to invest it into BitShares.
How's that? I hope it shed some more light on the nebulous vision that you had earlier... Namaste :)
Wow, that was awesome @eric-boucher, thank you!! IF you are ok, I have a few more questions.... ready?
~ @bluerocktalk🖖
Shoot! :)
Lol, i couldn't find your reply. 😁
Ok, i hope this isn't too tedious. I need to learn this or I will never do it, or might do it incorrectly. If you can help-thanks:
Once I can learn this,I will be happy and on my way to more financial success (mainly debt-free) but I can do a video on it for others so they can do the same.
For now, I can't help them without being able to do it myself.
When I try, I get very confused. If you can't help I understand.
Thanks @eric-boucher!!
~ @bluerocktalk🖖
Now your question is getting to the crux of the matter, when it comes to cryptocurrencies! HOW DOES ONE GET CASH/FIAT FOR THEIR CRYPTOCURRENCIES!?! This is still a nebulous subject for me... I don't really know as of yet and am still in the process of finding out myself.
To answer the second question: If you want to turn your Steem Power into Steem, you need to go on the right hand side of your Steem Power, press the little arrow beside where it tells you how much STEEM you are worth in STEEM POWER. As soon as you press this arrow, a little window comes on where you have three options: "POWER DOWN", "BUY" and "CANCEL POWER DOWN".
As you press POWER DOWN, nothing seems to happen. It is because the process of powering down from the total amount of STEEM you have in your STEEM POWER takes a total of 13 weeks to be "extracted" or converted, if you will, back into liquid Steem readily available for usage. Of course the BUY button is for buying more STEEM POWER and the last one is to stop the powering down process from turning more STEEM POWER into STEEM. For you, as you might want some liquid, I'd POWER DOWN as much as you need liquidity. From there, to turn your STEEM into CASH, I don't know and look forward to reading or seeing the vlog you will present us about this puzzling matter! ;)
Namaste :)
Finally, i just found this message. I can help you with your question, imagine that!!
Hold on whilst i find a link.....
will this do it for you?
I will know when I have done well for you When i get 100% of an upvote from you, lol
Any of these 3 links or ALL of them are very useful! The first one should do it for you! (I think @jerrybanfield is great):
https://steemit.com/steem/@jerrybanfield/steem-authors-get-an-epic-pay-raise-with-sbd-usd10-usd
https://steemit.com/guide/@jerrybanfield/introducing-steem-guide
https://steemit.com/bitcoin/@jerrybanfield/8-digital-currency-exchanges-with-usd-to-bitcoin
Thanks for helping me, @eric-boucher!!
~ @bluerocktalk🖖