Using a level shifter with 1.44 inch TFT 128x128 GLCD ILI9163 and a 5v Pro Mini

is this an either or situation? use the trimpot or the voltage divider? If so, is anything else needed on the lead to the LED beside the trimpot?

i didn't reallize you can connect grounds together even if they are a at different voltage. I would have thought it needs to be seperated.