HELP! 50/50 vs. 100% power up? I'm confused...

in the50 •  7 years ago  (edited)

sbd.JPG

On several occasions i saw information, that it is better to go 50/50 than 100% power up, as long as the price/sbd is above 1.03 because you can sell it on the internal market.

I have not seen anybody doing the math, so i am not sure if this is correct information. I don't trust every common view without a proper explantion ;-)

So if anybody can help to clear this up for me and everybody who is new to this site, don't hesitate and do so in the comments!

Your help is greatly appreciated.

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:  

Unless SBD is at $1, when it's break even, but there's a profit for 100, because of conversions. Or, if SBD is near one dollar, but SP is cheaper than a dollar. # If SBD is over $1 value, always use 50/50

@Steemgoblin explains it pretty well right here. @markrmorrisjr check out #dolphinschool for more great tips!

I personally prefer 100% Power Up simply because I have a history in investing long-term and I can appreciate the power of compound interest. The more Steem Power you have the more Steem you can get every month which means you can earn coins even if you aren't an active member on Steemit. Just my opinion though.

So 100% is better when you believe in a bright future for steemit?

I think so

If SBD is over $1 value, always use 50/50

@Steemgoblin explains it pretty well right here. @markrmorrisjr check out #dolphinschool for more great tips!

I prefer 50/50. Trading SBD for Steem is very nice.

What do you do with your steem? power up or trade it for altcoins?

Power up.

If SBD is over $1 value, always use 50/50

@Steemgoblin explains it pretty well right here. @markrmorrisjr check out #dolphinschool for more great tips!