Big STEEM power down coming in today, 6500 STEEM PAYDAY!!!!

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Hello and welcome to this SPinvest post
SPinvest is a tokenized investment fund/club for all users of social blockchains. Everyone is welcome! The concept of SPinvest is to get rich slowly by using time tested methods of earning, saving and compounding long term. This lets SPinvest offer an ROI of 20% per year on SPI tokens. We encourage long term investing on and off the blockchain. We hope someday everyone will HODL some SPI tokens that can be bought directly from @spinvest are through the steem-engine are dex.steemleo exchanges.

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First STEEM power down comes today

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Today the SPinvest club will receive it first STEEM power down payment from the @spinvest balance. The power-down is worth 6417 and we have 1462 idle meaning in a few hours there will be 7879 liquid STEEM in the account. I have a few ideas on how we can invest and generate consistent incomes from these funds but i think the consensus is that we convert all power-downs into tether until all STEEM is converted and then decide what how to reinvest should that be on are off the blockchain are both. It'll be another 12 weeks before all STEEM funds are released and we all know a lot could happen between now and then, just look at the past 4 weeks as an example.

Now before i go ahead and start converting STEEM into other cryptos, i would know to know if it would be a good idea to hold some STEEM back during the power down? Looking at today's HIVE price and going on past history of forked tokens always being valued at less than the original token, it might be a good idea to hold some STEEM. If we are planning to invest any into HIVE, we might get a better exchange rate compared to tether at the time plus STEEM "might" have a 15-20% day within the next 12 weeks also which would, of course, be an excellent opportunity to squeeze out a few extra pence.

Fun Fact- SPinvest was able to convert 500 STEEM to BTC recently when STEEM hit $0.36 pre HIVE hard fork

Should SPinvest keep some STEEM?

When i say keep STEEM, i am not suggesting to hold any that is powered up to produce earnings. I mean instead of converting 100% of power downs to Tether tokens, we convert say 90% and hold back 10% in liquid STEEM.

The power-down comes in around 8 hours so you'll need to be quick to get your feedback in. In a nutshell, what percentage f any do you think we should hold in STEEM until the power-downs are complete?

A
0% none
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B
5%
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C
10%
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D
15%
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E
20%
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F
25%
.
G
50%
.
Z
100%

Leave a comment below with your selection :)


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Posted via Steemleo



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13 comments
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A - absolutely nothing

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Thanks for your feedback

I think most will agree with this

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Yea no sweat 😅

I’m looking at all that is happening and feeling a recession is in bound... some smart gambles will win but largely stable coins and pairs of are my choice for trading atm

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This same question isnow running in my mind, where should I put my steem. But one thing is for sure those coins need to get rid as soon as possible since it will soon undervalued.

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For sure, maybe STEEM will never 30 cents again

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It goes with massive pump and dump... Remember there are lot of Chinese people out there with poor English comprehension. JS is Chinese he call sell them STEEM with his lies.

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I bet you're going to buy a shit ton of Hive with it

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C- 10%

Can never go wrong with holding a little of a coin.

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agree, 10% is plenty for just in case money

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Maybe c 10% but I'd be just as happy if its all sold asap.

P.S. Id much prefer BTC to Tether, maybe a vote on that is needed?

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agree, 10% is plenty to hold just in case something happens between now and full power down.

I think for this week, I'll get tether and get it staked as bitcoin is doing very well and might be cheaper another week. I'll DM you on discord as far as BTC and explain what im thinking.

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