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RE: STEEM totally decoupled from BTC - following its wave count

in #steem7 years ago

Well, now that you read it all and feel like you have it figured out let me ruin your day a bit. The white paper is hopelessly out of date. There is no interest being paid currently.

Holding SBD is fine if you want stability and steem power is good if you want it invested but DO NOT just hold liquid STEEM. It is devalued slightly every day by design. If you hold 1000 STEEM for one year and the price of STEEM does not change you would get less steem power for your STEEM a year from today than you would right now.

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Thank you for the tip!
I was planning to throw all my steem into the savings section in my wallet. Do you think that is still ok or just power & SBD?

Not that I am a financial adviser but the only way holding steem in a savings account would be if you are convinced that the price of steem will outpace the reduction of its SP buying power. Really the only reason at all I can see to put anything in that savings is security as it protects your holdings if someone gets into your account.

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