CONTEST:STEEM EDUCATION FESTIVAL

in hive-120861 •  2 years ago  (edited)


Good Evening!


Hope you all spend a good day and wish you all will be good by the blessings of the Almighty Allah.Welcome to my publication. This year is going to end and there are a lot of things that have changed on the steemit as well as in our real lives. I am here for the contest on the 2022 festival of education in the Steementerpenuers Community.

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So let's start to answer some questions that are assigned to take part in the contest.



Why we do powerups

Gaining more and more power is the wish of every steemian on the platform. There are many benefits of powering up. Converting our Steem into SP gives us a more worthy account. If we have more SP there will be more worthy of our vote and we can earn better curation rewards by Supporting other Steemians.

On the other hand, taking SP into our account is a great investment because it is expected that in time the prices will rise which will give a huge benefit to the SP stakes. Thirdly the account with more SP is more supported by the curators.

With more SP we can support witnesses on the platform and the witness played a significant role in building the blockchain such that they have to validate blocks to build the powerful blockchain.

By powering up the steem or by staking more SP there will be a low circulation supply and the price of the Steem can be maintained which is an important factor for the balance in the supply.

Are you optimistic about the future of Steem?

Optimization is a noteworthy thing for building the future, Positive consideration is momentous to start a successful journey. In the answer to the query are you hopeful about the future of Steem so yes? We know that the prices of the overall market are going down at that time. I expect in the future the market will show a bullish trend.

In regards, to the Steem by staking the Steem and by powering up more and more Sp it is expected that in the coming years we will be able to see a significant change in the price. Change in the Price will be a factor of great benefit for
the people who are staking Sp. So this is the right time to store the SP more and more or to buy the Sp for future benefit if you have some savings.

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Screenshot taken from coinmarketcapCurrent price of Steem

Currently, we are burning the SP by supporting the null and adding the 25% beneficiary in it this factor is beneficial because by doing so we are transferring the steem to an unspecified account means the Steem will be minimized from the circulation supply, and if the circulation Supply is decreased due to which the price will be maintained or increase. In the future it proves good.

It is an important step for the future of Steem that the Steemit team has taken to sustain #null or the #club100 and I think if the step was not taken we may see the more decrease in the price, So I hope for the future of the Steem that it will be immaculate.

How much steem do you empower during 2022

I joined the steemit at the end of 2021 but did not work in the starting. I have powered up all of my Steem that I have earned and maintained the status of club100. I have almost powered up 500 Steem in 2022 but I consider it low because in some months I did not even work for some reasons. You the amount of my power up you can see below.

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My current SP

I have never taken any reward from the reward pool since I join the platform the first causality is that there is a bearish mania in the prices since I entered and the other reason is I want to assemble my account to grow more by accumulating more Sp and powering it up.

How much is your steem power up a target in 2023?

As we know the year 2022 is ending now and the new year is starting with new hopes and ambitions everyone should set a target for every new journey. I hope that 2023 brings happiness to us and about the steemit I target to gain the 5K SP and include myself in the club dolphin.

I expect that I will increase my work on the platform and power up to make my account more worthy in the coming year, I know that the task is not easy but I hope the best to achieve the goal next year.

Conclusion

Steem price will hopefully raise in the future and the crypto market will enter the bullish trend it is expected. I hope that I will also power up my earnings to gain more sp in the coming year as I explained above. So that was all from my side I hope you all will like to read the post.



I would like to invite @steemdoctor1,@adeljose,
@jasminmary to participate in the contest.



10%beneficiary to @steemkindness
Regards:@mateenfatima
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Welcome to the Steem Entrepreneur Community, I hope you feel comfortable and happy working with us...

You interpret steem as a big investment very well, we hope your goals in 2023 can be realized. Thank you for participating in the contest.

Team verification results :
Verified userYES
Plagiarism-freeYES
Bot-freeYES
Tag #steemexclusiveYES
Beneficiaries of #steemkindnessYES
Status Club#club75
Voting CSI14.9 ( 0.00 % self, 93 upvotes, 66 accounts, last 7d )
Verification date
December 27, 2022
Thank you for supporting the empowerment and charity program by sharing rewards :
10%
to @steemkindness

Kind regards,
Steem Entrepreneurs Team