When I first started out on Steemit, the price of Steem was very high and for a long time my voting power produced no more than a cent worth of vote. It left me frustrated so I decided early on that there is no point in complaining and instead started buying Steem.
I started with about 10SP of stake on the platform and bought Steem with every post payout in the early days. I kept buying all the way to about early Feb in 2017 when I had my crash.
Ofcourse, I did buy into other cryptocurrencies with the SBDs I've earned and even sold some Steem after the first SteemFest to cover my costs of travelling to the event and back. However, I missed the boat on buying Steem for cheap at around and below 10 cents a token in March when the price dipped to all time lows.
I was busy nursing my wounds in the hospital for a month, but I managed to come back to do some crazy work in the past year and double up my stake on our platform. The lowest I have bought was probably upwards of 30 cents-I can't remember for sure.
Anyway fast forward, I have been buying Steem for most past of the last year. I haven't fully powered up my account with some of the Steem I have on the exchanges as I trade in and out of the token frequently in order to maximise my holdings. But I have been powering up a little in the last few days and hope to continue doing this.
My goal is to get to 50K-60K SP on this account before the turn of the year. Seeing as how we are at over $6 a piece, it will take some time to accumulate. Some of my ICO investments have done considerably well which I will utilize to buy more Steem as we go through the year. I'd love to get closer to my all time goal of 100K SP which will give me considerable firepower to curate a lot more content than I do already!
I hope to accumulate as much SP as possible before we cross $10 and continue doing so throughout this year. There is so much new content from amazing new content creators that one can never have enough VP. Indian community is also growing at a steady pace and I hope to put myself in a position to support this and other communities with a higher VP when the platform grows.
What are you doing with your SBDs? What are your Steem Power goals for 2018 and how do you intend on achieving those?
If you like my work kindly resteem it to your friends. You may also continue reading my recent posts which might interest you:
- My Past Year On Steemit—Quick Recap of 2017!
- 4 Tips For Steemit Account Recovery & Wallet Security!
- Steemit.Chat Contest #11 + Contest #10 Winners Announcement!
I just reached my goal of 10 000 :)
Not sure if I have another goal in mind in terms of Steem Power, maybe to continue building up 1k per month jointly from posting and trading.
Moreso, 2018 will be the year where I focus more on building prototypes of applications with my developer friends that I believe can benefit the value of STEEM.
I am selling them for BTC on bittrex and immediately buy Steems with the BTCs.
+30%
Make one or two blog posts every day, now that I am fully retired and have no other day job.
That is until the next selfie contest by @papa-pepper.....then the new day job begins.
:-)
I got a question if I may, why don't you just use the internal market to sell your SBD for Steem and therefore avoid BTC fees?
I don't remember where I read that it was batter for us to do that instead of exchange on the internal market.
That's true, as long as you get good rates on the external exchange.
What this does is increase the Trading volume for Steem, making it feel like a more used cryptocurrency. Sadly the internal market is not included in the trading volumes for Coinmarketcap, making it seem like it is a smaller currency than it actually is.
I am selling them for BTC on bittrex and immediately buy Steems with the BTCs.
Do you get more in return?
I believe so.
it depends, sometimes a little % cheaper to buy via bittrex.
Yeah, you're right that it's often a bit cheaper on Bittrex, but I would suggest that they always check both Bittrex and the internal market before buying anything to make sure they get the best deal possible ;)
Question: for a new account, how long does it take to get a decent amount of steem power assuming you are posting quality content every day?
It is impossible to answer this question, as there are many other parameters involved.
One easy answer is: if you buy Steem powers, you can get a "decent" amount immediately. But I guess your question was for somebody not buying.
To get more Steem power, it is important to have powerful followers that will upvote your quality posts.
To get powerful followers, you need to interact with them, so that they will be interested in you. Even better, if you can, you should help them to reach their own goals. "Give, and you will receive".
Also, their should be a common theme in most of your posts, so that people interested in the theme will come back to your blog and upvote your posts.
I see that your commitment to make at least 10 comments every day goes in the right direction.
Yep good stuff , vecelier. When you say "common theme" do you mean a particular subject or niche we should be discussing (that we have expertise on ) in our comments and posts? Or maybe a person's style of
writing ? Or maybe their general personality and opinions? Thanks. I am a Content producer for over 10 years now with a number of blogs. And just relatively new here and still trying to learn the ropes :)
Yes, a common subject.
Take for example @firepower.
If you look at his posts in the last 3 months, you can see 3 themes:
Another example with @sweetsssj:
Two series of posts that have been going on for months:
Another series, that she seems to have abandoned:
That is what I mean by "common theme".
Couldn't have said it better myself. :)
@vcelier that's great! I hope you get to your goals soon. Good luck to you! :)
My new years resolution is to buy bitcoin in 2011
I buy steem and transfer to my exchange, while i trade in and out to maximize my steem. Sadly i had to power down on my account so as to support my community with steem to get SP.
My intentions this year is to build my account with good enough sp. I intend to invest a lot in buying steem. I hope i am able to go a long way.
I intend 20k sp
@firepower I believe that Steem will explode this year! I sell most of my SBD for Steem and power up! Trying to gather as much SP as possible before it explodes. I prefer to reinvest my earnings because I truly believe in Steem's potential.
Me too. I’ve been powering up for a while now.
That's a good idea, @lordneroo! Steem Power is the best investment right now ;) Just imagine how much influence you get when the value of a single Steem increases by a lot!
That's a true optimist and rightly so since Steem will rise even further post 2018.
Best decision!
In fact it's listed as the best thing to do in Ten Ways You Can Use Steem When It Hits $10 , after I observed that the Steem price could be here to stay.
@firepower - My goals are to become active on Steemit, build a following and make this platform work for me!
I have to admit that I let things slip because it takes a lot of time to build a following and having put in work to my posts which didn't get seen by anyone was a little frustrating!
But the last few months have been big for me! Proposed to my gf in September and we got married in December, just 2 days before Xmas!
I sold all of my crypto coins, except Steem, and cashed out on the profits. I made a conscious decision to get out of day trading and short term holding because I'm spending way too much time checking the charts and market movements, and I don't want to dedicate too much time to that!
I'd rather spend time learning new skills, like programming, building my own blogs or learning to generate passive income!
Today is actually my birthday, 27 today, and it's been a lucky one. So here I am passing on my luck! I wish you all the best and hope 2018 is even more prosperous than the previous year!! :)
Keep Steeming on!
Happy Birthday @soul-thru-da-ink!
Thank you!
Goals?
Tomorrow we will tell half a million people about the power of STEEM!
Hey thanks for the headsup on this!
Yeah sorry for the link spam, I normally dont do that. We got so many Steemians on board already, it's incredible!!
Not really link spam when it's resulting in community action to get more people onboard. :)
Oh wow, you've managed to get to many people to join now. Good job, @fitzgibbon! This will for sure bring in a lot of new members here tomorrow.
I've never seen a community as supportive and amazing as right here on Steem. I somehow feel like we've only touched the surface yet, I'm a small minnow with little reach.
For next Thunderclaps I'll network a bit more in advance, are you on Discord @valth?
Yeah, it's a very nice community in here! I agree that we have only touched the surface, and we will soon have multiple the amount of members here (at least by my estimations).
Yes, I do use Discord every now and then. I'm on some Steem channels such as PAL, or one called SteemSpeak & Golos Crypto with the username Valth #7597.
I am going for 10k by end of year and right now I am taking sbd selling it and preparing to buy a little dip to then power up with steem. I take a small percentage and buy a few alts just incase they go up I can sell some and power that up. I try to post once a day with original art to produce something of "quality". Also am going to be more active since my busy season is over on steemit chat and on twitter.
That's great! I hope we get to our respective goals soon. :)
My dear friend your such Great posts please Support me i liked your posting style I'm trying to post Great but I'm not get Good profit in steem @firepower thank you I wish you will support me
I want to get up over 2000K!
Hoping to reach 5000 SP by the end of this year :)
Numeric SP goals seem to be a bit nebulous to me. I had aimed for 3,000 SP by the end of 2017 but actually finished off the year with 4,300. My short-term goal is now to become a dolphin (10,000,000 vests or about 4,882 SP).
The vast majority of my SBD has been converted to SP. Some has been used for donations, a small amount taken off-site and converted to BTC for no good reason. About half of the SP I have has been earned here, half bought with other cryptos.
I hope to grow my SP by about 1% a week. That would put me at about 7400 by the end of 2018. But if the price of Steem goes up significantly, my buying might go down, not that I’d have reason to complain.
My personal goal is to get to 5,000 SP by the end of the year, unless the price rises too high too quickly and prices me out. Although that would be a good problem to have 😉
My goal is to get to 500 SP in order to become a minnow. In the beginning it was also difficult for me to earn any steem but now that there are resources to boost earnings on steemit it is making it easier for all. Hope you get to your goal of 50k -60k SP and eventually 100k. Thanks.
I have no goal in terms of numbers. But I am still very small and thus power up whenever I can.
You’ll be a big time whale when you hit these goals! Best of luck! My goal is 5k SP by the end of 2018.
Part of my goal for my Visionboard is reaching reputation of at least 60.
Short term goal is our reach my personal SP at least 500. I have about 800 in leashed delegation i got from @blocktrades because the small community we have at @steemitfamilyph has grown from 10 active people to over 100 this month alone.
We have been actively poaching people from Facebook and Instagram and so I made the decision to buy teh delegation so that my vote has omphh or as you say a bit more heft and firepower! Turn these new planktons that contribute to the quality of content here in Steemit.
To be honest I could have used the money that I got but thought of the long term gains and helping these new people. Even my current 5-10% weight of vp gives more than what I had at 100% before so I am able to upvote more content.
I sometimes go gunho and vote 100% if the content is crazy good! I need to learn some restraint but teh allure of giving a 100% is just too much at times lol.
I was lucky i got curied a week ago so I was able to get back what I paid for teh delegation times 3 and I plan to power up using that and also reward myself a little by cashing out to pay off some obligations.
Mostly what I really intend is become a dolphin by stackin and stackin steem power. Reputation is needed if I want to be heard.
Day After Day Steemit Growing , My Goal is 10000 steam power but I just Started Steemit , but I hope One Day I arrive to My Goal I will keep Sharing Great Posts , Steemit is Great & Day after day many people join us STeem To The Moon ^^
I found it very profitable to delegate my Steempower to the @minnowhelper Bot. This Bot upvotes your posts when you send him SBD and you receive a higher vote than you have send SBD. So my steempower will curate every post that is send in and I get a share of the collected SBD. The best day yesterday I received over 6.5 SBD for my 3000SP delegated that is amazing profit on a daily basis. The average Payout is around 3.5 SBD which is still a good outcome.
Hi I’m a newbie here trying to get around. I got curious when u said you delegate your steempower using a bot. Is it ok to use a bot? How does it work?
What SP level do you need for your votes to make a difference?
I see the same 1-3 ct effect you mention and I just can't imagine the value in that.
I have some reservation against 'buying' power. Doesn't seem to be much different than in the 'real world' where money makes money. Part of what makes steem special in my view is the fact that everyone can make a difference but apparently you have to buy your way into power...
My goal is to post daily and comment on several posts a day. I intend to put all my earns back into the platform. I will also invest monthly in Steem. My goal is 5K sp by the end of the year.
Hey there!
-As for power goals I have not given much thought, but I do have a goal to build a collection of historical data on steemit with the tag shdc which means "Steemit Historical Document Collection" !
Here's the post!
https://steemit.com/steemit/@darienparlick/new-steemit-tag-idea
I joined steemit less a month ago, so maybe 1000 SP till the end of 2018. I can't think why it's not impossible?
I would love to get to 30k by the end of the year. Going to give it my all.
With the skyrocketing mode of steem, buying more steem and powering up would defintely be a wise investment.
I'm planning on using some of mine for appics ico. I like that it will be on the steemit blockchain. Other than that I might buy a little silver and power up the rest.
I really believe this year would be a great year for steem, i see steem skyrocketing to $100 by the end of this year..a wise investment needs to be made in steem.
My goal by the end of the year is to get up to 5k, with at least 1000 follower. and to build a community around my interests so I get more people motivated about steem.
thanks for your helpful post.....
@resteem
Good post
Step by Step, Steem by steem, not that heavily invested in crypto so each steem counts on the start :)
wish you luck for your goal..
My goal is to be a steemit whale
TO continue to Power Up and buy some more Steem on a pullback!
I am also like you, wishing I had 10k SP in early february..
Great post 👍
Guess I should set some long term goals for 2018, so far have a 2-month goal set to reach the almighty 500SP which allows for me to have a voting slider. maybe I need to think BIGGER!
You should get a Steem slider at 488 SP (1,000,000 vests).
If you vote from busy.org instead of Steemit.com, you can have a slider right now.
Thank you so much for that tip. I didn't know. I've been on busy.org before but not enough to see what the differences were. Thanks again, I appreciate learning how to better utilize our resources.
its actually a big dream to achieve
@firepower.Thank you for posting this I am new to the site but it has made me feel more positive reading your post about the way you feal Steemit will go. Thank you again
What a lofty goal!
What a lofty goal!
@firepower, you have a very wonderful and strong intention to contribute to the growth of others.
I believe there will always be an opportunity to get anything done, if we really have the desire or the will to do it.
So, i wish you good luck.
@firepower I am interested in participating in the steemit.chat contests but I didn't get the verification email. Does it take time or am I doing something wrong? I had signed up in the morning. Thanks in advance.
Check your Spam. I had he same issue !
Very impressive sir. I too have bought into other coins but never powered down. 1-2 posts per week has still given me a good sum of steem power. If only I had more time to post more!
Wow, congratulations ,my goal is 10,000 stern power and above. Though I'm new here on steemit but I believe with hardwork and more dedication,i shall achieve my goal on steemit. Let's keep steeming
I never had any goals like getting higher SP, but I have been motivated by your post to think towards that direction because steem price will soar this year.
I will be converting my SBD to steem and then power up to SP.
Great post @firepower ! This was the first post of yours that I've read and really enjoyed, I went ahead and followed you and I also just read your other posts. I just got started in crypto about 3-4 months back, but more aggressively over the past few weeks. I upvoted your article, unfortunately my vote is only .03 right now... any ways, keep up the great work!
Keep growing. Almost one year 10€ invest and now 150! great post
Absolutely fabulous post thankyou for the heads up , I am fairly new to steemit but thanks to watching my partner make daily posts I decided i would join in .
I have set my self a daily challenge of blogging/reviewing/uploading/comunicating with of steemians twice daily , reading other posts liking upvoting there my aim is to one day be able to make enough steemit from hard work i have done to be able to treat my family ie.. my children , i have followed you and upvoted and hope you could do the same for me too , look forward to seeing more from you
You definitely still have started earlier than many of us. Good foresight in the investment of steem.
you know i have decided to fotgat about the money and start thinking about the poswer ..so yeah that is what i wouls do from today on ward love you post
So nice 😄 check my channel and see my food posts 🙏💘