I understand that it is more profitable and at this point, it just flat out makes sense to invest your Steem Dollars (SBD) back into to Steem Power (SP). Steem Power not only gives you more influence in the community, but it is also possibly, a more profitable long term decision. I like to call them passive investments.
Now before I get going, I had to sit down and give myself another crash course on the whole topic. For this, I had to go and check out
Having Steem Power is equivalent to having a vested interest in the company. The price of you stock can rise and fall with the market and right now, Steem is looking nowhere but up.
However, bills gotta get paid right? So, what do you do?
Cash Out!
So with this quick video, I had to jump back in here and help out whoever is lost, trying to find there next digital dollar or even the person probably jumping from page to page trying to make sense out of this new digital asset arena. Once you are here you are going to find a way to make some digital currency, then, you are going to want to know how to convert it back into a a currency that you would prefer.
Using Bittrex
Even though there is more than one way to convert your Steem and Steem Dollars, The method that I am going to use, is Bittrex. Bittrex is one of the next generation currency exchanges. The Steemit platform only makes it easier to convert your Steem or Steem Dollars.
Step 1
get a Bittrex https://bittrex.com account free
Step 2
watch the video
