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RE: A quick list of questions from a semi newbie looking to invest in Steem with money and time!

in #steemit • 8 years ago

Hey @Acidyo,

Thank you for the reply. I am also trying to power up as quickly as possible.

I currently have an Ethereum miner that I am selling and going to move the cash over Steem Power. I want keep the SP for the next 5-6 months. This is more less the time I would have mined for 200 - 250 Eth

By selling the miner and reducing my electrical costs plus posting voting and commenting. I gain more and have opportunity to profit. Plus I won't have that loud stuff in my guest bedroom. It just seems easier in the end but a lot less liquid.

I get the SBD SP interest and payments now. I mean if you hold SBD overall it helps the network and you gain 10% interest growing every second. The SP is way more profitable but less liquid.

I would guess that the ultimate goal is to have a percentage of SBD and a higher percentage of SP to have a certain amount of liquidity.

Thanks for the info!

Cheers

8 years ago in #steemit by
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