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RE: ๐ŸŽ How To Use Steemit! ๐ŸŽ FREE course for newbie "minnow" Steemians! ๐Ÿšธ

in #minnowsupport โ€ข 7 years ago

@robcubbon enjoyed the course Rob! Thanks. I plan to get into Steemit properly from here on. A question for you - and I hope I didn't miss it in the course - I bought some Steem on Poloniex some months ago. They are just sitting there. Do you think it's wise and/or possible to send them to my Steemit wallet? Can they be transferred to Steem Power here? Worth it? Don't worry if you don't know, can always do more research. Cheers again!

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Hello @alexmathers actually I would say definitely put it into Steem Power on your wallet here. As it says in the course, as Steem Power it will earn interest and boost your clout on this platform. The downside of putting it on here is that it take 13 weeks to withdraw it (13 payments of a 13th of the total value every week). But if you are holding the currency for the medium- to long-term then it makes sense to keep it here. That is, in fact, what I've done. Although in the course I don't recommend that it's necessary to purchase any Steem.

But please know that this is not investment advice. Just a suggestion.