Hi @xedal, thanks for the post, can you tell me, is holding SP like holding stocks, stock price will go up or down but number of shares will stay the same.
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Hi @xedal, thanks for the post, can you tell me, is holding SP like holding stocks, stock price will go up or down but number of shares will stay the same.
It's a little different but SP is certainly what to hold if your looking at Steem as a stock. The total outstanding shares of Steem is always going up. So in order for SP to maintain its relative value, the amount of SP you have is also going up at roughly the same rate. It would be like a stock that issues 100% new shares each year and also pays a 90%+ dividend.