As a new Steemit user, should I be avoiding powering up?
I have received delegated Steem Power, as a new Steemit user. When I use some of the Steem I earned to power up, the delegation goes down so I still sit at 15 SP--- no net increase.
Is there a better way to reinvest my Steem, until the delegation goes away in a few weeks?
My question exactly. But without powering up, I noticed that my vote has no value. So, I guess, the only way is to power up. But am not in a hurry.
I'd power up for sure. At least in the begining until you get a decent SP amount.
Get your strategy right and go for it :)
Steem invests in a new user. As the new user earns steem or steem power, the delegation is slowly withdrawn. from my experience, it is better to lease some steem power and upvote your posts and comments till you make a decent amount and have your own steem power. It took me months to understand that without being able to vote at least 0.01 cents, you make nothing out of it. Commenting is another way to make some sp. Write meaningful comments and others will vote you and the interaction also helps a lot. All the best
I'd suggest you power up as fast as possible. Better if from your post reward. The benefit of staked steem power outweighs what little liquid Steem you choose to withdraw.
You get more "power" on the platform with more SP. More bandwith, more voting power. Voting power can be used to build your community buy passing out votes. It is a complex system but you get a annual rate on SP.
My suggestion is to power up your steem as you get it. This increases your voting power. I help teach a class on discord in steemschools that teaches the basics of steemit and would like for you to attend a session. The are held every day and are free classes. https://discord.gg/TaZFW5r
We win together!
But the problem is, right now it doesn't increase my voting power, because the new-user delegation is decreased by exactly as much as my power-up. So instead of being at 15.1 SP I'm still at 15 SP.
https://steemblockexplorer.com/tx/54d0707e4be6fa9739e9b9be2f2f95051b01b8c5
I would suggest to try play on the market and earn more steem from day trading. Bitcoin UP - steem up, bitcoin down and steem down. You can earn more steem