RE: Suggest Me - What Should I Do With SBD???
Thanks for upvoting me...
Indeed, Steemit smartmoney is difficult, to say the least. I even see veteran steemians make incorrect statments every day which only makes it harder to understand because you have to unlearn it.
To answer your question, do everything with SBD that you can and keep some on hand for a rainy day.
Each individual has their own take on money. Overall, my recommendation for you, since there is not a great deal of money at stake, is to practice using cryptocurrency yourself. IMO that is the best way to learn. Do all the different things you can do with it. Change SBD into steem. Power up. Get a savings account. Trade a little SBD for steem and vice versa on the in-house exchange, just to see what it is like etc.
If you get comfortable with it, you could even get an account at Bittrex and send steem back and forth to Steemit.com. Learn how to use the "memo" text box. Be careful! It's easy to make mistakes and lose you money forever, but that's why you practice with small amounts until you get confident. Unbless, you are a currency genius, it takes time to learn, but you are learning the skills that will benefit you in the future world of blockchain and crypto.
thank you veruy much i' will follow it
i can increase steem power by transfering sbd to steem right??
Your statement is incorrect because "steem" and "steem power" are really 2 different things. You could, however, convert your SBD to steem and then "power up" the steem to get "steem power". Going directly from SBD to "steem power" is not possible, as far as I know.
"Steem" it different from "steem power" and "SBD" is a third currency. You can buy "steem power" one-for-one with steem. it is called powering up. Furthermore, you can buy "steem" with SBD at the going rate, but you can't "power up" SBD or buy "steem power" directly with SBD.
The diagram below depicts what can be converted to what. The Internal Market is where you can trade steem for SBD and vice versa, but "steem power" has nothing to do with the Internal market.
I hope this helped.
*FYI as you go deeper, there are also "vests", but that adds another level of complexity which you probably don't need to know now, so I won't go into that, but if you hear about them you will not be totally blindsided. You can function perfectly without worrying about vests.
yeah !!! i got it..... thank you so much