RE: Current price of STEEM, BTS, EOS, PPY and GOLOS - THe Graphene Brothers

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Current price of STEEM, BTS, EOS, PPY and GOLOS - THe Graphene Brothers

in steem •  7 years ago  (edited)

With that being said though, Steem is a good investment because you earn more on here when you have more Steem Power (: And it WILL be hitting that $10 mark soon!

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Can you please elaborate on what you wrote above? "... you earn more here when you have more Steem Power" How much Steem Power do you consider is "enough" and how do you earn more with more steem power?

Thank you for your answer.

Good question. When you have more Steem Power, you have more influence on Steemit, as in, you help others find the quality posts. Because of this, people can get what are called Curation Rewards, in the form of Steem Power that comes in depending on how popular the posts you upvoted turn out to be, or how much you influence the post.

If you zoom way in on this picture of my recent curation rewards, which I got from SteemNow.com, you will see that rewards come in quite frequently, which is pretty cool.

I recommend everybody get to ~ 500 SP so that they can become a "Minnow" or what I call Level 2 User, which allows you to earn more curation rewards and also choose what % of your maximum upvote you want your upvote to be.