#ctp

Should We Power Up In Various Tribes Or Steem? Or Both?

So it's no secret...The birth of Steem-Engine's tribes has been a roaring success for the Steemians that have been dreaming of SMT's since day one!

I know in my journey, it's exactly what I've been waiting for...The ability to combine by two passions and bring it to that blockchain!

I had a fantastic question asked tonight by one of my most valued customers over the years and a brand new Steemian @RussellStockley

He asked....

Question: is staking CTP just as effective as staking steem ??

This is such an important question and I'm going to do my best to give you what I do and how I manage my Steem / Tribe tokens...

First, I'm a huge believer in the Steem blockchain. And with that, I know the potential that Steem Power has on all our journeys. Heck there was a 'gut check' post done yesterday by @Stackin that showed us how affordable it is to become 'Minnow Status' on the Steem blockchain with these cheap prices. (Minnow status is any account over 500 Steem Power)

So yes, I think we should all get as much Steem Power as we can get...Especially if you have a long term vision of this entire blockchain and it's various projects.

Now...When it comes to specific tribes, I power up in them as well.

But right now there are hundreds of projects using the Steem-Engine platform, so powering up in all of them would be a nightmare...Logistically.

However I do power up in the Tribes I believe in and want to contribute to.

I'm a huge fan of @Steem.Leo @ReggaeSteem @SportsTalkSocial @Splintertalk and a few others. So I stake (or Power Up) in those individual tribes.

And obviously, I'm working full time on the @ClickTrackProfit tribe and developing the CTPtalk.com condenser. But I'm taking that out of the equation in this example, simply because I want to focus on the tribes I have no 'ownership or management' stake in...

Here's my game plan for let's say....The @SportsTalkSocial project.

I produce 'Sports' content every week. You should check it out ;)

This is a tribe I believe has the power and potential to branch outside of the 'blockchain' space and attract some amazing content creators. Sports is BIG business and the more awareness this token creates, the more creators it can attract. So I not only power up from the curation and rewards I get...I have purchased quite a bit of SPORTS as well.

(I just bought 10k SPORTS during this post and powered it up....LOL)

So there's an example of 'staking'...In a project I believe in!

And that goes for multiple projects on Steem-Engine...There is a lot of potential being built here every day :)

So to answer the question Russell asked...

I do both!

I believe in STEEM, more than ever these days...And see what is being built here. Real community. Real potential!

But I also believe in some of these amazing project and tribes forming on Steem-Engine as well.

So for me, it's powering up in both....Steem and the Tribes I believe in!

The Union Is Here!

Blockchain meets Affiliate Marketing....

=> CTP Condenser - https://www.CTPtalk.com

=> CTP Token on Steem-Engine - https://steem-engine.com/?p=market&t=CTP

=> CTP Miner on Steem-Engine - https://steem-engine.com/?p=market&t=CTPM

Posted from my blog with SteemPress : http://plus1daily.com/should-we-power-up-in-various-tribes-or-steem-or-both/

Comments · 32

@hirohurl(70)· 2402d
Thanks for this, @jongolson ... I'm just a few days into my CTP / Steem experience and so far have focused mainly on CTP tokens (approaching my first 500 including mining and staked tokens). That will still be my main focus but I will start staking Steem tokens as they come my way from now on.
@crypto.piotr(65)· 2571d
Greetings friend @jongolson.

Undoubtedly if we are in steemit it is because we believe and trust in the blockchain of steem. Many abandoned when steem lost value last year, but I think we are the majority who stay.

With the birth of steem-engine and the new tribes we now have a new way to continue growing within our favorite blockchain.

It will always be necessary to increase our steemit SP, I think that is where we should place the strength of our investment. But when we increase our stake in any tribe, we are also supporting blockchain steem. Then we all win.

The question is: what will be the best tribe where to place my stake?

With these analyzes that you have brought us we can have a correct vision. Similarly if we later decide to remove the stake from one of these tribes, we must remember that the recovery period is 8 weeks. Evidently less than the 13 weeks of steemit.

All best, Piotr.
@caroline675(37)· 2571d
Thanks for that explanation Jon. It`s like learning a new language and your articles really help.
@dmilliz(73)· 2571d
Man looking in my steem-engine wallet sometimes I’m like WTF is this? I haven’t sold any tokens yet as I understand what it does to the price of their tokens , I’ve put in maybe 1 sell order for dporn that I bought as I feel it’s an insane project ! Just what this crazy world needs. As time goes on though I’ll be selling a few of them tough and bulking down. I shall get on my first CTP post this week :)

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@sigskeie(48)· 2571d
Thanks for putting this out, and thanks to @RussellStockley for bringing this up to you Jon. As this way I well all can read this information, really happy I am around steem now... And wow I finaly can start vote as in give when upvote!! Keep up the great work, I am in, and here I STAY! Period!
@doggodfroglog(57)· 2572d
Power up in the best
@frankvvv(68)· 2572d
When I get a new kind of token, I look at it to see if it's a good project. I also check if the max amount of tokens makes sense. If it's a project I'm not interested in, I sell. If the max amount of tokens is crazy, I also sell. All the rest I power up if possible.
@arcange(79)· 2572d
Congratulations @jongolson! Your post was mentioned in the Steem Hit Parade in the following category:
- Comments - Ranked 6 with 58 comments
@flaxz(75)· 2573d
Great advice @jongolson, there are so many tribes that we don't really know which ones will make it, so just go for the ones you beleive in and have a personal interest in and stake as much as you can across the board, and especially the ones that you really like, Steem as well as Tokens, that's what I do.
@rechylove(56)· 2573d
Nice write up dear @jongolson, it's really an eye openner 👌👌👌
@newageinv(74)· 2573d
Great points! Every time I get into that Wallet, I see more opportunities to stake but have only done a handful; I think since I really am just holding them all, I might as well stake them as the next great project may already be here like CTP!

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@emergehealthier(66)· 2573d
I currently am staking all the tokens I receive in airdrops. I will keep them staked for a while and determine later which ones to sell. I have been adding to the ones I use the tags for on my posts. The other ones I'm tracking my curation earnings. If I'm earning from curation then that means I'm supporting people I follow.
@jasonbu(65)· 2573d
Absolutely, power them up. I've been posting under several of the front ends and finally started my own NATRL. It's extremely exiting!

Love that you've launched CTP as well. I'll be visiting it often, as I'm putting a ton of time onto managing the marketing, quality of content for our niche and the token. I'm sooo, so, stoked about Steem and it's future.

I think steem-engine has ignited the Steem under Steem Inc's ass around SMT's.
@shadowspub(77)· 2573d
there is one caveat I'd suggest for new Steemians... get yourself to Minnow level before you consider buying any tokens. You need the RCs to function with so powerup any liquid Steem and shoot for Minnow.

Had a guy in Pimp Your Post Thursday not long ago who said he was having issues with not enough RCs. I took a look at his account, saw he wasn't earning badly but his SP wasn't very high.

I asked him about it as I thought maybe he was cashing out consistently. He wasn't cashing out, he was using all his liquid Steem to buy tokens. I delegated him some SP and cautioned him to build his Steem account first... then buy tokens.

Learn more about SHADE here
Join the fun promoting your post at Pimp Your Post Thursday. Win SHADE or SBI, make friends. Every Thursday in The Ramble
@steemstreems(62)· 2574d
This is what I'm doing currently:

When I'm dropped a new token, I try to decide my level of interest and the level of potential popularity/success of the tribe.

If both are low, I usually sell it and move on. On a couple, I have not and now wish I did. I just don't have enough time or attention to fool with them. If you stake them and decide to get rid of them later, it can be a pain and take a long time to get out!

If one of those things is high and one low, I stake and kind of forget about it.

If both are high, I stake AND actively curate.

In the ones that i have a very high interest I plan on staking, curating, creating, and investing funds.

One of my highest interests is investing, so I have actually stopped powering up STEEM temporarily to throw some funds at LEO. Ironically, it probably makes more investing sense to stay with the base token (if STEEM dies I don't think any tribe will make it), but I gotta go with the passion.

All in all, none of it really matters. None of them cost me a dime initially anyhow :-)

Oh yeah. I did stake and do curate (well...some) CTP ;-)
@mickvir(68)· 2574d
Definitely power up those tokens . 1 ) They give you a greater chance of being heard in that community. 2 ) You should be supporting the community you are in and helping it to grow. So find the community that best suits the niece you are interested in and start Staking those tokens. Great post @jongolson. Have an awesome day!

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@bigtom13(69)· 2574d
I love Steem. You know that.

I'm no where near so happy with Steemit Inc, but that isn't the point. Or maybe it is. I have a strategy similar to yours. Pick the tribes I want to support and stake their coins. In the case of PAL, I also buy when I can.

Speaking of buy, I wish I had some 'non essential to life' money right this instant. I'd be buying all the Steem I could. But I'm so broke I can't pay attention right now so it's a slow go.

Thanks for addressing what could be problematic for some. It's important.
@ericburgoyne(65)· 2574d
Great advice @jongolson having to many tokens from air drops that you are not interested in can be confusing. I have sold most of the tokens that I am not interested in and have bought ctp miners and tokens, sportstalk , gg, epic, steem leo,palnet , jahl, and a few more. Also still working on building up my steem somewhere around 675 steem now and by the end of the year I want to be at 1,000 steem power. So for the rest of the year it is earn stake, buy and stake as much as I can.
@iamraincrystal(75)· 2574d
Thank you for this post, Jon! Really helpful for a newbie like me. ^_^
@chesatochi(73)· 2574d
You invest base on your own interest and then the money will follow.
@tonimontana(58)· 2574d
I think buying both is a good idea. You do not need very many tribe tokens to get a decent amount of influence. For example i think you are already a "whale" in CTP if you have 300 CTP staked. And Steem will probably be much harder to earn in the future so buying now should be a good idea!
@gadrian(76)· 2574d
For me STEEM comes first.

Tribe or community tokens, whether SCOT or SMT have and will have value, but in a different way than STEEM. And I appreciate them too. Currently, rewards on some S-E tokens are pretty impressive compared to STEEM rewards, but I'd say the more mature a tribe will get, the more this will stabilize, and not through the roof. Won't stake all these tokens, but I do some for creating content, others for curating as well.
@adedapo-glory(60)· 2574d
You have just said it all. Looking at the new steem and the introduction of many tribes, powering all them up might not be the option. I believe we should just pick the ones we Feel goes with out heart and power up. Steem to the moon
@travoved(68)· 2574d
Ok if we power up both and Steem and some tribes but then it will take much time to curate content at tribes and at Steem. And that's why I have question do you know maybe service or somebody to whom I can delegate my tokwns(SP) to get passive income for that?

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@russellstockley(70)· 2574d
Thanks for the post Jon , what you say makes great sense and is good advice for directions to take, I am coming to terms with Steem and what it has to offer, and will be looking closely at subjects/tribes that interest me and put some power into those as well

Great stuff :)
@partiko(66)· 2574d
Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!
@luca1777(69)· 2574d
I stake up my #Jahm Power, too.... but, maybe it's gettin' too much tribes in tough Steem times...and the results speak for itself... And then dealing with this when i want to power up: https://steemit.com/steemit/@luca1777/blocktrades-is-this-request-consent-normal Did you ever get this on blocktrades? Greetings
@athomewithcraig(59)· 2574d
I'm slowly climbing to Minnow status. I know it's a marathon, slow and steady. I stake CTP and Steem as often as I can. I also stake in the tribes I'm active in. It only makes sense to do that. I see no value in staking every crap free token I get thrown my way.
@freemanjaro(40)· 2574d
Way to go man, big ups. The way I see it, I'm powering those I know I will always want to power up because I feel part of, and its hard to not feel part of a bunch.
@niallon11(77)· 2574d
Steem is the basis for everything that happens on the chain. I'm powering up on pal and sports as well but neither of them has the same utility as steem will in the future.

I think that they can be a big opportunity in their own right in the future as people join the tribes rather than through steemit but at the end of the day any profit made will be through steem. It is what you need to operate on here and what all the tokens are traded against.

Future users might only earn fractions of steem and lots of engine tokens but the profit will be made by the steem holders. The other tokens will be more about utility than making money. Good for using the tribes and getting their benifits but will be traded back to steem if they want to spend it.

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@shinersfamily(61)· 2574d
Thank you for this advice. I will also do both.

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@denmarkguy(79)· 2574d
My approach (so far) has been to look at the various tribes and be pretty strict about only staking those I feel are interesting and/or relevant to my typical writing and content creation habits. Just because I get "some free tokens" in an airdrop doesn't mean that's automatically useful to me. I also don't think I can realistically expect to put in worthwhile effort towards more than maybe five tribes, tops...

I don't like being spread too thin... and I prefer a focus of sorts. Already today I ran across the first post I have seen where ALL 10 tag slots were simply different tribe names... meaning that the tags no longer did ANYthing to tell me what the post was about. That pretty much is counterproductive to effective content discovery.

Mind you, I am more of a "content creator" than a "money maker," in my approach.