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RE: What is the best way to invest in Steem for the long term?

in #steemit7 years ago

I think powering down below 1,000 STEEM Power does not make any sense. Try to reach 1k STEEM Power first, then plan further. Getting that first stage takes quite some time already unless you are willing to put in own funds.

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I agree that it may not make sense to go below 1000 STEEM, but as I said, not only am I willing to put in own funds, but I am planning to do that almost every month, so even if I use a 1 week power down, my overall STEEM POWER will grow (it will also grow by itself anyway, due to the compound interest, even though at a slightly lower rate than it would with no power down at all).