I've only been around since January, but here is my two cents. If you intend to make a lot of money on here, I would advise you to have as much Steem power as possible. Then use that steem power by curating and voting on posts. The more steem power you have the more influence you have, so if you intend for this to be a main source of income put in what you can afford to lose in steem power. As far as post reward settings, I would suggest putting it at 50% PowerUp & 50% SBD because SBD are actually trading at a premium above $1 since the USDT issues. When you get your SBD rewards, convert that to Steem power. This is my strategy until the SBD is back to $1 range. As far as people who are cashing out a lot of Steem power, that doesn't relate to your situation at all. These are most likely people who got in really cheap early along and are securing some profits after the recent price spike.
If this was helpful consider following me @crystalgeometry
Excellent thanks for your '2 cents' !!!
Thank you! This was quite helpful! followed!
Though I'm still trying to figure out some of the lingo. I've spent most of my life studying economics and in the past 2 years brand new monetary language has come to the forefront of conversation on many of these platforms and it's been difficult to soak it all in. But doing what I can do understand. :)
Thanks again!
Happy to help, and I followed you as well. I completely get that; I am still learning new terms as well. Feel free to ask more questions and the community and I will help to the best of our ability.