Savings and Steem are the same value because it is the same coin. Savings puts a 3 day hold on it for security. Steem theoretically has inflation. Think of it like US dollar. A dollar today is worth less than it was in 1970. If you buy Steem Power, it is like buying a US savings bond. You get just enough interest to protect from inflation. Steem Power comes with additional benefits such a share in the voting pool. You will earn additional Steem in the form of Steem dollar and Steem Power when you convert to Steem Power. I see you have savings. If you are holding that for long term, you should hold it in Steem Power. It will give you more security as it takes a period of 13 weeks to Power down. If you want to stay liquid and still want to have security, then keep it in savings.
Even though Steem has the potential to loose value due to inflation, this is insignificant compared to market demand.
So when I’m provided steem power or steem i should put it all back into steem power if I’m here for the long term?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@socky it’s better to not have savings in steem dollars and to buy market steem to power up your voting power if your here to stay right?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit