Introduction

Hello beautiful people of Steem schools community, i am glad to participate for the first time in Steem Schools Community contest. In this contest, it is assumed that i am an investor and i want to invest on steemit, what are the things that i will look out for before investing. In other words; how do you attract and convince investors to buy steem, raise their steem power and support creative users. if you missed the contest announcement post, you can visit it here.

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How To Convince Investors To Invest On Steemit

Basically on my own, i had been able to recruit more than 20 users to steemit since i joined steemit July 2020. It had been an amazing journey so far. Some of these my recruits had invested on their steem power after seeing the benefits of investment on steem power. So in this contest entry of mine, i will be sharing the practical things i tell people to get them convinced to join the steem blockchain and invest their money in it.

Define Steemit And How It Works To Them:

Steemit is a blockchain social media platform that pays users in crypto currencies for writing and posting in the platform. Steemit is not a ponzi, steemit is not a referral business, users are paid via their content on the platform. On steemit, it is all about consistency. Steemit is not a get rich quick scheme, consistency is the key. when one joins the community, socialize, explore the community to find out how it works, then build your reputation gradually.

How To Earn On Steemit:

As far as steemit is concerned, there 2 ways to earn.

• By creating blogs as an author:
  One of the primary way of earning on steemit is by becoming a steemit author and creating original and quality contents. These contents gets voted with some amount of dollars which pays out in crypto currencies.

• By investing into Steem/Steem Power.
  Another way to earn on steemit is by investing on your steem power. How do you invest on your steem power?, by using physical or fiat currency to buy steem and power up to your steem power. By doing this you are able to vote for people and earn curation rewards. Basically, the more steem power a user has, the more influence he can be able to exert on posts on the steem blockchain. Again when a user invests on steem, as the coin rises in the market, the initial investment capital also increases, hence the user is making profit by this implication, which is one of the good benefits of hodling steem.

How Steemit Payment Works:

Steemit rewards it's users in 3 basic currencies.

• Steem
• Steem Dollar
• Trx
  As users make posts or curate posts on the steem blockchain, they earn steem, steem dollar and trx equivalent of steem. This is so amazing, no platform can be able to reward it's users this much, steemit is the best so far. So investing on steem, you have nothing to loose, rather you have a lot that you stand to gain.

Hello @dobartim and Steem Schools comunity , thank you for hosting and organizing this contest; here is my contest post entry.

Best regards

My tweet

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