Is there a strategy to claiming rewards?steemCreated with Sketch.

in steemit •  8 years ago 

Being a newbie on Steemit, just over a week, I'm not sure if I should claim my rewards after 7 days. For example, can I let them sit and accumulate? Would they be worth more when steem increases, or less if it decreases? Can someone with more experience explain this to us newbies?
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Thank you readallaboutit. I will read it.

Gracias. I do not know Spanish. . .

My Spanish is limited, and I was wondering the same thing!

Hi swenger, i just learned that you can see everyones rewards and how they redeem them. So I checked out some Im following and it seems that they redeem payouts daily. :)

Thanks for the update, I appreciate it! I'm finding this community is very willing to help others.

You're best off just grabbing rewards when when they become available so they start adding the benefits of the increased Steem Power. If they were to sit there unclaimed, they would stay at the exact same amounts..even if the price of Steem or Steem Dollars changed and not provide any benefits. These values get locked in when they do the payout, being put into that 'to be claimed' section.

:)

Thank you. Will do. 😊