RE: The Golden Rules / No Upvote Needed For this Post / If You Support New Steemers, Just Resteem It.

[tinfoilhatnights]

Could you please explain more about the "penalties" please. The way I understood this is, if I make a post, but then edit it straight away (within 30 minutes) then I loose a percentage of any reward I would have got if I had not made the edit. Is that correct, or am I way off? Thanks kindly.