Hello to the Ask the Hive community.
I thought I'd pop in here to get some ideas on what people are doing with their STEEM Powerdowns. Are you...
- Selling STEEM, Buying HIVE, Powering up.
- Sell STEEM, cash out.
- Sell STEEM, buy other HIVE investments (tokens, Hive-Engine, Games etc)
- HOLD Liquid STEEM, wait for a potential Pump and Dump.
- Not powering down at all, sticking with STEEM.
- Swapping it all into Bitcoin?
- Something else?
As for me, I reset my powerdown last week, just after the Heist-Fork. The first one came in a few hours ago. I used about half of it (300ish STEEM) on Splinterlands. I am working on building up to a max level Yodin Zaku Summoner. Todays funds took me to Level 3. Over the next couple weeks I'll buy the remaining cards I need to max it out.
This little beauty is worth around $100 currently, and is something I would not be able to obtain without having powered down STEEM.
I did Power up some HIVE from this, not a lot but I'm happy with my HP for now. The remainder I spent on Workerbee tokens on Hive-Engine. I am looking for passive income investments as much as possible, and have been steadily buying these over the last week or two. Is it a good investment - I dunno.
So, "Ask the Hive", what are you doing with your STEEM Powerdowns.