| json_metadata | "{"app":"Musing","appTags":["steem","based","dollar"],"appCategory":"steem","appTitle":"What is a better option 1. Convert SBD to steem power as SBD is priced higher 2. Lease more steem power 3. Get bot to vote your post?","appBody":"<p>I would definitely convert SBD to SP if you are sitting on a significant amount of SBD. The exchange rate right now is really favorable. In fact I have been powering up pretty much all of my SBD into SP. I even bought some more STEEM yesterday so I could get a little more involved in Steem Monsters and so I could increase my SP.</p>\n<p>I have not seen great returns on investment for leasing Steem Power. Especially right now with the price of STEEM being as low as it is. The curation rewards you receive for your upvote are not going to be worth too much.</p>\n<p>The ROI on vote bots is still pretty low now as well. Imagine if you take that SBD you have an invest it into building your SP. As you gain more SP, you will surely draw more followers. Likewise if the price of STEEM were to go up in the next couple of months you have now made money because you were investing in your account instead of selling it away.</p>\n<p>Keep this in mind too if you build your SP you can then lease out your SP as a delegation and earn passive income off of that. The more SP you have the more you can delegate out and the more you can earn.</p>\n<p>I think converting SBD to STEEM Power is the clear choice.</p>","appDepth":2,"appParentPermlink":"fkbmv2285","appParentAuthor":"vedvati","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
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