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RE: Is SBI Still Taboo Or Is It A Valuable Tool On Hive?

in The CTP Swarm2 years ago

Thank you very much @steembasicincome. I really like those answers!

I agree that it would take forever to get your money back but it is nice and positive growth. I like the fact that you can reward someone else like a gift with HBI and also get some yourself. Building up my family accounts helps the kids with low payouts as they arent expected to be Hive rockstars. It takes little to motivate them and it helps.

I was not aware that HBI was transferrable? How does one manage it? All I have done up till now is buy it on peakd.

I learn new things every day!

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There is also an option "sbi skip" I forget how to use it. You can skip your upvotes while the price of hive is low, so you can save you SBI votes for when the price of hive is high.

Ooooooh! That's interesting! Let me know if you figure it out again!

But I suppose with 24 HBI it does not matter too much?

#sbi-skip

has to be in the body of the post, and it skips out your vote.

I don't really know how much difference it makes, its just a tidbit I read about on a post the other day. Someone only posts when hive price is "high" so they can save up their SBI upvotes. Its easy enough to do a similar thing by skipping the payout.

Indeed. I guess it is a valid enough a strategy as long as you have significant quantities os HBI store up.