Steemit, powering down, and transferring. A curiosity

yaboygotti (30)in #steemit • 7 years ago

I noticed with powering down, I barely received anything, if anything at all.

And more so out of curiosity. When I had transferred $562.51 of LTC to Steemit, many months ago. And I ended up with around $350 of whatever is the currency to which I converted to Steem power. Is this normal to lose nearly a 1/3rd of your money when transferring bitcoin/altcoin to Steemit?

#community #help #bitcoin #steemdollar

7 years ago in #steemit by yaboygotti (30)

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pele23 (68) 7 years ago

Price of Steem has dropped from 4 USD to 1.4 USD now, so that will be the reason!

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ragetester (47) 7 years ago

Power down is a very slow way to cashout, that is why I don't suggest investing into steem power...
If only you held those litecoins lol

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yaboygotti (30) 7 years ago

Oh trust me, I regret it. I had purchased the LTC when they were around 20-25, and when Ethereum was low 200

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steemitboard (66) 5 years ago

Congratulations @yaboygotti! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

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Vote for @Steemitboard as a witness to get one more award and increased upvotes!

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