Hello friends,
I would like to share this YouTube video made by @andrarchy that helped me a lot when I was trying to learn more about Steem, Steem Power and Steem Dollars. Since the platform is growing and we have more and more newbies I thought this could be fairly helpful.
Some thoughts on that from my own experience with my time I spent on the platform each and every day as well as studying and researching about other coins out there I am more and more persuaded that the Steem is one of the better options out there. I do have few other core holdings in my portfolio in order to diversify but I believe that Steem is a no-brainer. Especially now with the price hovering around 1 USD levels. The best thing I personally believe is straight powering up and making your steem to work for you. There are not many financial products that you will be able to use that will generate income for you on daily basis. The beauty of powering up and the Steem itself is that even if the price does not move up over time you will still be able to make a considerable ROI! Being active on the platform and getting your rewads will really set of the power of compounding effect that will significantly increase your Steem holdings over the time. Take that with a future price increase over the time and you have a real wealth building tool in the form of social media Steemit. Let's see how that works but for now I am very pleased with my choice as well as joining Steemit. Have a great day everyone.
Please feel free to check out some of my other recent posts.
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Tomas
CEO & Founder of CGH
nice description of steem technology.
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hello, @czechglobalhosts
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fantastic post, this video is so much helpful to understand the steem, steemdollars and steempower and andrachy really defines the terms with simplicity, so it so easy to understand, thanks for sharing your good knowledge with us my friend, stay blessed.
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great 101 for new users!
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Very interesting, well explained.
Thanks for sharing.
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great job
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great job....thanks for shearing
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Great post for newbies! Keep up the great work!
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I agree with you, I really want to succeed in this steemit. and my dream is to travel abroad with the results of this steemit. I am trying hard for it
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an article that is very interesting and useful friend, I like this, nice work comrades
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May be you should add little about the interest earned on Steem Power and how autovoting may help to boost curation rewards.
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This video is really very good and instructive. Its worthy to resteem it time to time as the community is growing and there are constantly new users who might be a bit lost like we were at the very beginning. Thank you for taking care!!!
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this is good information, you always update the data to facilitate and analyze. This is a good job
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nice work dude ! thank a lot +
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Great post thank you for this information
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@czechglobalhosts,
Thank you very much for sharing this video! Actually I was seeking that kind of video to get a clear idea about the platform! Now I got it! Really appreciate your effort!
Cheers~
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Can someone answer me this - am I spending Steem/Steem power when I upvote or comment or resteem articles? Or does it just affect how much influence I have over those actions?
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Very well explained very useful for all thanks a lot for sharing this :)
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