RE: Things to do and expect before August 1st Bitcoin event

You are viewing a single comment's thread from:

Things to do and expect before August 1st Bitcoin event

in bitcoin •  8 years ago 

To what bot did you delegated it?
I was also planning to delegate my 100 SP to msp-creativebot

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I've delegated almost all of my SP (-1,187.715 STEEM) which earns me 1+ Steem per day @ 41.6% APR, which is more than my blog posts make (before I summon the VoteBots). In the future I will try to save at least 500 SP for weight voting. http://www.minnowbooster.net/market

So that will be more than 365 SPs per year income?
To think that if we convert it to BTC or Litecoin to be used in cloudmining will give us much more as I see it.
So I am in a dilemma of converting all my steem and sbds to BTC and then cash it out or invest it back here. I don't know which is the smart move because I also need some money.
If I would invest it back here, the income from self vote wouldn't be as much so that is what I am contemplating about.
So maybe the best bet is delegate to bots in Minnowssupport group I think.

494 SP per year income, if leased for a whole year (which would not happen at the moment, more like 1-4 weeks) and then a week to get the SP back.

It’s more profitable, faster, and safer for me than cloudmining since I still own my Steem, receiving a payout everyday from an upfront paid contract. All in house.

As you know, your Steem and SBD doesn’t affect your upvote, only your powered up steem, so sell your Steem off to claim the free Bitcoin Cash (and maybe BTC-U) and then buy back in if you want, or keep the money.

“Delegate to bots in Minnowssupport.” I think they pay a lot less APR.

Steem and sbd is too cheap now that is why I can't sell them, I will just wait a little.
How can we get back delegated SPs?
I also learned that the value of BCC or BTCU could be sliced off from the price of BTC itself, plus other complications like price crash because I assume that many people will just sell them quick.
I soon have to learn the benefits of delegating to bots from minnowsupport group.

Getting back your delegated SP is automatic, you will be sent a link via your Wallet Tab to sign in, to end each delegation. That's it, very simple. I use my Active Key for all of that and I use my Posting Key day to day.
You can also delegate to minnowbooster and cancel when you want.