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RE: How Does Steemit Reward System Work? Complete Research Paper on Steemit Economy and Reward System!

in #steemit7 years ago

Hi again Ilyas,

I'm trying to boost my second post and I'm considering the information you gave about voting bots. But, I have also found the Promote option, in which you spend certain amount and get your post included in the section Promoted.

Do you know if this option is also affective or is better to use voting bots?

Regards,

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Promote option is waste of money. I would encourage you not to rely on bots for now. It is very easy to have good interation, gain followers and get upvotes. Smaller upvotes will ensure your reputation growth as well.

Another question:

What do I need if I would like to buy some SBD or STEEM?

I have read in some posts that you can use exchanges like Bittrex and Poloniex, but when you choose buy or sell from your steemit wallet, BlockTrades is deployed.

Is it possible to buy SBD using BlockTrades instead of Bittrex/Poloniex? I suppose I would also need a wallet like Coinbase.

Any suggestions?

For all buying, you will first need to have BTC somewhere. A wallet or an exchange deposit address. Yes, you can send BTC to @blocktrades and receive Steem/SBD in your Steemit Acct. I have written a complete guide on how to buy Steem (two parts covering Steemit Market & External Exchanges).

Thank you for the info!
I will check your post :)

Ok! I have just wasted 0.005 SBD :'(

But it was good to learn about how it works, I'm checking the results.

I'll take your suggestion regarding not to use bots for now.

Thank you for your help! :)