First time investment into SBD, need advice

in cryptocurrency •  7 years ago 

I just purchased some SBD from blocktrades with bitcoin. im assuming it will show up in my wallet soon, but i wanted to know what i can do from here. Rather what i should do. I wanna keep it for a month or two to see what happens. Do i just leave it alone from now till then or do i need to move it somewhere else or anything? Any help will be appreciated.

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If you just want to keep it for a month or two, put it into your "Savings" in your Steem Wallet.

If you want to use it to grow your value on Steemit, sell it into Steem then use the Steem to "Power Up". If you power up, bear in mind that powering down divides your withdrawal into 13 equal weekly payments (about 3 months) to avoid "gaming" the market.