Steem4nigeria Accelerator Contest Week 48: The Benefit of Investing on Steem through Steemit Platform

Hey 👋 steemians! it's feel so good waking up each day as a steemian. please never choose the opinion of regretting being here because I have check around and I see no place as good as Steemit, it offers so many in just one place.

• "please do well to settle down and see the very need why we should all invest in Steems."

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Investing in the Steem through dynamically the Steemit platform can really be nothing else than a smart choice for all round, both the new and experienced investors in the digital world. The Steemit here which we all know as a social media platform where definitely we the users get pretty rewards for creating and also curating content.
So by really investing in Steem, we can definitely be part of this amazing and unique ecosystem.

• Please I beg to stay with me till the very end while I dearly explore why this very investment might so be beneficial for me and you as well.

Which investment method is more beneficial to you? (Steemit platform or exchange wallet) Give reasons for your answer.

Definitely Investing perfectly through the Steemit platform is of course generally more beneficial to me so compared to just holding the Steem in an exchange or wallet. On the Steemit here, I can definitely earn more of the Steem by creating unique and quality posts, as well commenting, and definitely upvoting others' content too.

• This definitely means our very investment can massively grow not just only from the value of the Steem increasing, but here also from our active and consistent participation on the platform. An exchange wallet probably on the other hand, only do or simply stores our Steem without really giving us additional earning opportunities at all

If you are given $5000 to buy any cryptocurrency of your choice, which cryptocurrency will you buy and why?

I definitely would choose to really invest it in STEEMs and also HIVEs. These very cryptocurrencies are so directly tied to the Steemit and the Hive platforms, which really reward users for their unique contributions. By really investing in these, I am supporting a quality and great thriving community and can really benefit from the rewards system too.
Both the STEEM and HIVE have uniquely active user bases and really strong development teams, which always help in the maintaining of their value.

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Give a detailed explanation of the benefits of investing in Steem through the Steemit platform.

1. Earning Rewards: On the Steemit platform, we a earn rewards by really posting, also by commenting, and definitely upvoting. So the more you engage with the platform, the more you can earn as well, making here our investment grow over time smoothly.
2. Community Support: The dynamic Steemit community is very much supportive. By really being active, we all can gain much followers and also increase our earnings potential easily.
3. Long-Term Growth: As the Steemit grows, the desire value of the Steem is so likely to increase too. So one being an early investor in the ecosystem can give well a significant advantage to take.
4. Diversification: The Steemit here allows us to really diversify our income better. So Instead of maybe just relying on only the market value of the Steem, we can then also earn perfectly through our content and the activities we indulge.

What are the challenges associated with investing in Steem through the Steemit platform?

1. The Market Volatility: Like wise all the cryptocurrencies, the very value of Steem can really fluctuate significantly too, certainly to what is happening currently to "steem value" in the market.

2. Time and Effort: To really maximize our earnings opportunities on Steemit, we all need to be so active and consistent, which so requires time and much of the efforts.

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CONCLUSION

Investing here in Steem basically through the Steemit platform offers us a unique benefits and much amazing opportunities. With our active participation and also a long-term perspective, we can potentially reap our significant rewards from it.

I'm inviting @uduak01, @kidi40 and @bossj23 to please accept my invitation, let's all relate our views towards investing in Steem.

      Thanks 🙏 I Appreciate