Steemit, powering down, and transferring. A curiosity
I noticed with powering down, I barely received anything, if anything at all.
And more so out of curiosity. When I had transferred $562.51 of LTC to Steemit, many months ago. And I ended up with around $350 of whatever is the currency to which I converted to Steem power. Is this normal to lose nearly a 1/3rd of your money when transferring bitcoin/altcoin to Steemit?
Price of Steem has dropped from 4 USD to 1.4 USD now, so that will be the reason!
Power down is a very slow way to cashout, that is why I don't suggest investing into steem power...
If only you held those litecoins lol
Oh trust me, I regret it. I had purchased the LTC when they were around 20-25, and when Ethereum was low 200
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