Could You explain me please, about this higher interest rate? And how could I later change this Steem Power back to cryptocurrencies or fiat currencies? Sounds interesting...
RE: The Delta Sky Club ATL Challenge: all 2 specialty cocktails
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The Delta Sky Club ATL Challenge: all 2 specialty cocktails
STEEM Power takes 13 weeks to convert to STEEM, which occurs in thirteenths every week. While this decreases how quickly you can sell your investment, it also provides security. For example, you'd still have 6 days to recover your account before the hacker could get at any of your STEEM Power.
SBD are currently trading on markets for over $1 USD, which doesn't make sense. So if holding a liquid currency, you should hold STEEM over SBD. However, unless you plan to sell your STEEM soon, you should hold STEEM Power, since that collects interest and gives you influence whereas STEEM doesn't.
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Thanks, I'll think about it. Personally I bought lately SBD when it fell down, hoping to get a quick rebound, but now the exchange rate does not change so quickly. On the other hand, it may be impossible to make profit from changes in rates using Your method, which, however, is something really worth thinking about it :)
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