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INTRODUCTION
Good evening my fellow steemians @steem4nigeria, it's always a pleasure for me to be here all thanks to Steem For Nigeria community for organising such an amazing contest (The Benefit of Investing on Steem through Steemit Platform) for fellow steemians to participate on.
Which investment method is more beneficial to you? (Steemit platform or exchange wallet) Give reasons for your answer. |
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Investing on the steemit platform is a very good idea that a person is supoose to think of mostly fellow steemians who aren't taking the platforn serious.
In steemit here you can use your money to buy steem coins and use to power up, for instance you can use 1 million naira to buy so many steem at this particular time that the steem coin isn't that high at the market and use it to build ur steemit account for recognition on the steemit platform.
Steemit platform is more beneficial than exchange wallet cause with the act of buying steem coin or even though yoi dont have the money to but steem coin and you post consistently on the platform to earn the steem coin, there's a particular stage that you'll reach that you can just apply for the role of moderator abd other steemit representative which wil really increases ur earning on the platform and you can withdraw at anytime.
If you are given $5000 to buy any cryptocurrency of your choice, which cryptocurrency will you buy and why? |
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Luckily if I'm given $5000 to buy any cryptocurrency of my choice ,I will definitely buy steem coin to invest on my steemit platform and to be more recognize on the platform and also apply for other role on the platform which will actually boost my earnings rate as a moderators or admins of particular community.
Give a detail explanation on the benefits of investing on Steem through the Steemit platform i.e., tell us all the aspect which this investment help you to make more money. |
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Investing in the steemit platform has a massive benefits in the way that if a person have a community now ,the earnings of thr post inwhich the community account posted will surely go to the community account wallet and you been the foundee of the community you're entitled to the account earnings
Investing on your personal account on the steemit Platform in the way that you buy a huge amount of steem to power up you can actually apply for moderators or you can be appointed as an admin to a particular community which ur duties is to organized and moderate others steemians post which that particular of your will mostly be voted and the earnings of the post is all yours. Another way is by giving out delegation to community of to other fellow steemians.
Investing on the steemit Platform will also help individuals to meet around the world and interact ,get to learn new things from other steemians, you'll be aware of things happening around a particular areas and also in ur area and you'll also learn everyday from others.
What are the challenges associated with investing on Steem through the Steemit platform. |
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The challenges faced while investing on the steemit Platform are , as a steemian who's just building his or her you should have in mind that voting isn't guarantee but you should never give up but rather you continue engaging on the platform
Another challenge faced in the steemit Platform is that the market rate of steem coins isn't always steady but being a steemian you should try to exercise patient anytime the market value of the steem coin isn't always favourable.
I will be inviting some of steem friends to participate on this contest; @cornessycare,@jozzie90,@jeph001
