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Power up or HODL?
Which do you think is a better idea right now ?
7 ANSWERS
Power UP. So many benefits to powering up. Your vote value gets higher, you get more in interest(yes you get interest on your SP), you make more in curation. So by powering up your STEEM, you will get more STEEMPOWER and can power that down in the future if you need to.
The only reason I see to HODL is to sell in the near future. If you don't plan of selling anytime soon, power it up.
The only reason I see to HODL is to sell in the near future. If you don't plan of selling anytime soon, power it up.
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I think Power up would be the best choice for the beginning.
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4 Comments
Power Up! There's really no benefit to holding unvested Steem unless you plan to use it for trading or selling. On the other hand, the benefits of powering up are many!
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I don't see any good in Hodling aside from it being withraw-able anytime.
Power-up for sure. Since I have belief to Steem platform then there is no point for me to HODL and wait till it skyrocket to the moon. I'd rather convert it to SP and use it for curation and earn some rewards from it. And while doing that I'm also able to distribute the tokens to the authors that I think are creating good quality contents.
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hodl is the best option for all time bcoz until you sell it you are rich
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We are in the early stages of the blockchain. We have not seen the big picture yet. So powering up is the way to go to get ready for the party. If we are doing hard work today we will reap the fruit after 2 years may be.
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Power up or HODL in practice it's almost the same thing.
When you Power up you are buying vests with Steem that can be converted to Steem again when you Power down. So, all your vests (SP) are HODL Steem.
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