What should I do with liquid STEEM?

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What should I do with liquid STEEM?


Hey folks,

I know this might be a basic question for most of you, but I still need to learn a lot about STEEM.
So my question is which is the best way to utilize liquid STEEM?


  • Hold

  • Power Up

  • Do SBI giveaways

  • Sell it for SBD and invest in Steemmonsters

  • Other - I will write it down in the comments

Answer the question at dpoll.xyz.



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34 comments
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Voted for

  • Power Up
  • Do SBI giveaways

It's best to do a hybrid of the two options I chose. Powering up is ALWAYS a good idea, and SBI shares add up over time. Find the happy medium that works best for you. But both of those options are good ones.

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thanks for the detailed comment!
Will probably do as you suggest :)

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Voted for

  • Power Up
  • Do SBI giveaways
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Voted for

  • Power Up

Steem is more fun when you have more steem power.

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Congratulations @goodguymate! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

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Voted for

  • Power Up
  • Do SBI giveaways
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Congratulations @goodguymate!
Your post was mentioned in the Steem Hit Parade for newcomers in the following category:

  • Comments - Ranked 7 with 17 comments

I also upvoted your post to increase its reward
If you like my work to promote newcomers and give them more visibility on the Steem blockchain, consider to vote for my witness!

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Don't power up, let that come naturally through your posts' rewards. Don't do SBI giveaways yet...

Sell it for SBD and invest in Steemmonsters

Steemmonsters also takes steem payments.

Hold or invest in profit-guaranteed opportunities.

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I have also seen in your beginners guide post you mentioning minnowbooster. Why is it different to send them steem and they give you an upvote which has the same value as if you would have powered it up? (only some part of it will be transfered to sbd)
Is it better because it brings attention to your post due to its increased value and it might lure further upvotes?

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Yes but it also gives you a little profit. Like 5-10%. You can also use minnowbooster to buy SP delegations.

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Voted for

  • Other - I will write it down in the comments

Invest in @dustsweeper so your low votes get payed out too.
Invest in.SBI (steembasic income)
Power iup depends on how much you have now. Otherwise hodl till steem's price goes up. That is what I do. Good luck 💕

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Voted for

  • Hold
  • Power Up
  • Do SBI giveaways

Hi mate, great to see you around.

Steemmonsters is an endless investment and not something I would advise someone to invest on.

Maybe invest on Steem engine tokens if you have an idea about how that works.

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Voted for

  • Other - I will write it down in the comments

If you have low SP - under 500, it gives more bang for the buck to lease delegated sp. Your natural sp will grow much faster if you curate well. Join the engagement league of @abh12345 and follow the top people in the curation part of the league and study how they vote to learn about it. You might not do what they do, but you will get ideas.

I lease delegated sp slowly - 70 sp at a time for 24 weeks each time with dlease. This is about 5 steem cost. So if someone decides to pull a lease out, it does not kill me.

I would do the sbi contests with some. Be sure and use the contestkings method so you get people to come to your contest and they will also sometimes give you a good upvote from the kings. Pick a theme and do one contest each day or each week in the same manner.

I have a lot of minnow tips in an older post from my other blog. These tips might help you. Good for you to poll about this.

You CAN Succeed on STEEM

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Thank you so much for the very detailed answer.
Leasing sounds like a reasonable idea but as you wrote I really need to learn how to get the maximum out of my votes.
Also, I am quite certain that everybody can succeed on Steem if they put in enough effort. :)

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Voted for

  • Hold
  • Power Up
  • Do SBI giveaways
  • Other - I will write it down in the comments

Power Up a part of it and hold and use the rest of them.
For example promote your posts either with your liquid Steem or with your Steem Dollars (SBD) with Smartsteem.
Nowadays they have a fixed 10% ROI.
You need to send at least $0.1 Steem or Steem Dollars (SBD).
The post will be voted on once it is at least 15 minutes old.
You can also use your liquid Steem to buy tokens (for example dividend paying tokens) on the Steem Engine.
For example Plankton Token (PLKN), Epic Token (EPC), and QuratorToken (Q).
I currently have 10 Plankton Token (PLKN),
I bought 10 Plankton Token (PLKN) for 3 Steem, and I am receiving 0.008-0.009 Steem per day.
Maybe this is not the best short term investment, because it takes approximately 1 year to earn back your initial investment, but you can sell your tokens anytime.
You can even use your Powered Up Steem as investment in multiple ways:
For example sell your vote on MinnowBooster to earn Steem Dollars (SBD).
And/or do the same thing on Smartsteem to earn Steem and Steem Dollars (SBD).
According to the Smartsteem calculator, if you invest 100 Steem Power, your daily revenue will be 0.043 Steem + curation.
You can also delegate Steem Power to them.
According to the Smartsteem calculator, if you delegate 100 Steem Power to them, your daily revenue will be 0.05 Steem.
They write that the calculations displayed are an estimation and may vary due to the very nature of steem's valuation.
All in all these could be good passive incomes in the long term.

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Hi @goodguymate

and what did you decide to do at the end of the day? :)

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Ohh hello. :D
Most people believe powering up is the best choice and they are probably right :)
However, I got some pretty good advices in the comment section and I might write a summary post about them and the overall results.

Posted using Partiko Android

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