i was going to buy a couple hundred dollars worth of one of these cryptos on the hive-engine. should i buy DEC and get the daily airdrop, or buy sps and stake it? Thanks in advance for all the help! @robbywasabi
i was going to buy a couple hundred dollars worth of one of these cryptos on the hive-engine. should i buy DEC and get the daily airdrop, or buy sps and stake it? Thanks in advance for all the help! @robbywasabi
Hello, @robbywasabi
This is @fionasfavourites from the @ocd (Original Content Decentralized) curation team. We noticed you shared your first post here on Hive - congratulations and welcome! It would also be awesome if you could do an introduction post, so our community can get to know you better. For an example of what an intro post is like, you can check out this one by my friend & curation team member - Keeping Up With the Buzz – My Introduction to the Hive Community.
Speaking of community, we have many different ones here on the blockchain, devoted to all kinds of interests. Here's a link so you can check them all out – Hive Communities.
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Also, as this the hive can be quite confusing, the newly launched Newbies Guide is a growing repository of useful – easy to understand – posts about how the Hive ecosystem works.
For now, @lovesniper will follow your account and we are looking forward to seeing your intro post. Also, you are welcome to tag me (@fionasfavourites) and please mention @lovesniper in your intro post in order for us to be notified, so we can consider your post for OCD curation. Feel free to hop into the OCD Discord server if you have any questions!
I am not a financial expert, but I only keep DEC and every day I convert the SPS I get from the Splinterlands airdrop back to DEC.
The benefit from DEC is that you can convert or withdraw them at any time you want, while SPS has to be unstaked first before you can convert or withdraw them.
I am of the opinion that you make more money by reinvesting SPS back to DEC then staking SPS, but I must admit that DEC has decreased quite a bit in value, while SPS remained stable.
great advice! I will start to sel the sps that ive accumuated!