IMAGINE that steemit is a GREAT COMPANY. - And each USER is a potential PARTNER, who can BUY or WIN shares within it.
Those actions would be the STEEM POWER.
As normally happens in real life, the more actions you have of something; greater is the possibility of enjoying the corresponding benefits...
But, How do I increase my Steem Power? Winning it or buying it?
I have seen users who obtained excellent profits in a few weeks, we must understand that it is a complex ecosystem and there is no exact formula to operate and have more profits, but these would be the possible alternatives:
• Win through publications with only 100% Power Up.
• Win through publications with only 50 SBD - 50% SP and then reinvest the gain of 50% SBD by converting a STEEM to make a later PowerUP.
• Invest and reinvest SBD in bots to generate a percentage of SP.
• Win through healing, comments and participation in contests.
• Purchasing STEEM in an external Exchange market of cryptocurrencies like Bitrex and sending it to steemit.
• Trading in the steemit market.
Experience has told me that there is no clear way to earn more, but at your side I want to consolidate in this post, some recommendations for your personal experiences and help me that the strategy has worked to develop your account.
All responses were evaluated using the @steem-bounty reward system.
If you are new to the concept check out how bounties work here with this link . There are tutorials in various languages.
I increase my own steem power by several ways: (i) selling votes to users and bots, (ii) trading in internal market, (iii) buying steem in Bittrex and then deposited in my Steemit account, and (iv) winning in contests, especially those organized by @originalworks and @mediaworks . These two contests are great.
What are the bots that give you more profitability?
I sell votes mostly to users privately; I also use smartsteem and minnowbooster to sell votes sometimes, but they deduct 15% fee, so I use them only when there is no one to buy my votes. Recently, I learned that if you delegate your steem power to @tipu, you will get 100% profit (that you would normally earn to self vote 10 times per day) + 60% curation rewards. If interested, visit @tipu and read their blog.
Winning it is a smarter way to increase your SP. You can post dTube videos, join communities to grow your network, work for communities like curie and steemcleaners and participate in contests.
Contest are great ways of earning steem quick
The ifc or information finding contest is a community that im in where there are rounds of almost anything you can think of each round there is a winner and at the end of each season the top 16 gets a chance in the grand prize currently 155 steem
This season is close to an end but there is season 2 which will be done after the grand prize is given
This is a great way to up your sp since every round you also win some steem and at the end yiu have a chance for that grand prize
you forgot to mention @steem-bounty. aside from this, joining contests that have an associated SBD prize.
basically, those are the ways and means to gain more SBD (then power-up through conversion to STEEM).. either that or i could be missing out on another way.
I agree with you, @steem-bounty is another way.
Just hit 500 earlier in the week through a combination of everything you mentioned. The most important thing is to maintain the quality of your posts and curation effort. Can't really tell you when to buy and sell Steem. Eventually through upvoting and commenting you will slowly build a following. I'm definitely more active with followers and people who upvote back then people who just expect a freebie and I'm certain dolphins and whales are the same.
Thanks for comment, you have one more follower!
Great question!
In my opinion, the answer is "yes!"
I haven't put any cash into Steemit, but I'm very well aware that a small investment of cash can give you enough SP to make a real difference.
In my early days, I had two strategies...
Writing good posts and trying to get people to see them by leaving meaningful comments on other posts - worked well enough, but not super fast.
Writing posts for various contests. That worked much better in those early days. Investing everything back into SP was vital too.
Now, I'm also on Discord groups which has given me a huge boost.
I'm also using a small number of paid upvoting services (manual curators for the most part) which also help to boost my posts as well as the SP coming in much faster. (The ones I currently recommend are: @zenbot - currently "resting", @treeplanter, @thundercurator and @minnowbooster for that instant upvote for getting your post going. I plan a future post on this topic.)
Everyone's strategies are different and by-and-large, there's no wrong way as long as you are producing good content free from problems of plagiarism, etc.
Thanks for the post.
Your balance is below $0.1. This is your 2nd notification that your account is running low and should be replenished.
How it Work You can Check Here
Definitely doing things with the highest quality, you gain more followers, more healing and it is the fastest way to level up, everything else less merit itself. Perseverance gives its rewards.
Although not a prolific blogger, with only about 23 posts, currating and commenting is my main way to interact in the community. In my 5 or 6 months of activity it allowed for a slow progression of my rep and SPs. A little over a month ago after purchasing 500 steem so as to get a sliding voting bar it surprised me how much greater rewards that started rolling in. My estimate was that my ROI was about 6%. It is probably more as there are an extra 20 SBD in my wallet in that time, not counting steem or steem dollars made in that time. So investing seems to pay off is my observation.
My interest is not so much the rewards as the project itself, so the rewards are a nice bonus. 😎
Yo no recomendaría colocar las publicaciones en 100% para steem power , mientras que el SBD este sobre 1 dólar es mucho mas rentable colocar 50% y 50% luego pasas lo sbd a steem y ahí hacer power up,
Creo que el mejor método es reinvertir los SBD en bots pero hay que tener cuidado , porque algunos bots tienen un retorno negativo de inversión
Saludos
What is a bounty exactly?
A bounty is money sent to a post to be distributed to the users commenting on it. It provides a way to reward users directly and works in addition to the steem/sbd they receive from the blockchain. It works independently of SteemPower.
You create a bounty by sending any amount of sbd/steem to @steem-bounty together with a post-url in the memo.
How can I earn a bounty Users are then competing for the bounty by writing their answers to the post in comments that will achieve upvotes from the community and especially the bounty creator. The money of the bounty gets distributed to all top level comments of the post at the same time when the post is paid out (7 Days after it was written). How much everyone gets depends on the votes the comments received. The sender of the bounties votes are weighted higher so that she decideds where 80% of the bounty money goes and all other votes determine the rest.@jmhb85 has set 0.650 SBD bounty on this post!@steem-bounty does all of this for you automatically. You can use this service to automatically pay out a challenge, ask a hard question or simply to reward the people that interact with you.
Read more about how it works, even in different languages here.
Congratulations to the following winner(s) of the bounty!
I'm new to steemit.
This tutorial help me a lot.
Thank you
I hope so, it's done for those of us who started.
Hey, @jmhb85 Great work! thanks for share this information..
Buying it is the best for now...
Justify me why is it the way you would choose?
seems to be a strugle!
There are allot of different strats here on Steemit. I have choose to grow my account organically. I never knew how tough that was going to be until I started that journey. While I can't give advice on what you should do ... It would be allot easier to grow your account if you start with a decent amount of Steem Power to being with. You are likely to get more attention to your articles from those wanting upvotes from you thus in return get more upvotes and rewards yourself.
Good luck with your account !
My blog is exactly about this stuff. You can read this one in particular for your answer: https://steemit.com/crypto/@mightypanda/should-i-power-up-or-buy-sbd-for-votes
Few things:
As long as SBD is above a dollar: always go for 50/50
There's is a exact formula for winning. Since the whole reward is based on mathematics, you can figure out exact reward and there is a way to maximize earning. Again refer to my blog because its too long to explain here.
Powering up is not as beneficial as you think. Its better to buy votes at 10% ROI with the same money instead of powering up. Powering up gives to 25% yearly ROI whereas buying votes gives you roughly 10%/week
i think best way is to take 50/50 rewards, bcus then you have more options all the time
Using the bot route is a bit of a gamble. It was working for me initially, then it all went downhill. Non bid bots were an option, you get almost all back, then your profit is in SP. It's not feasible, now that the price of Steem is down. Winning is the best, if you are good at what you do. All the steem in my account now, (120) I won them within a two week period.
I plan on sticking to that.
Regards
I guess the most important part is that you stay and grow.
The first half year on Steemit is hard, but if you comment, stay with some / your toppics and use other networks where they have steemit groups
You can do it!
And than, you win!
A win here and some help with delegation there will help