RE: @tipU Investors Report 26.09.2018: HF20 Problems

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@tipU Investors Report 26.09.2018: HF20 Problems

in steemit •  6 years ago 

Hi @earlmonk :)
The reinvest happens before payout so technically with 100% reinvest there is no payout - only 0.001 SBD to send the message.

So both SBD and STEEM income are being reinvested to virtual STEEM POWER and you dont have to do anything :)

steemit
6 years ago by

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      ·  6 years ago 

    Thank you @tipu! This means that the amount of the virtual STEEM POWER changes according to STEEM price, right? So as STEEM price goes up and SBD stays at 1$ the SBD invested will be translated in less virtual STEEM POWER, is this correct?

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        ·  6 years ago 

      Correct :) but only for new investments, the price fluctuations don't affect already made investments.

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