Steem Investor Guide: How To Make Money With Steem Power

flauwy (73) in steem • 7 years ago (edited)

View this post on Hive: Steem Investor Guide: How To Make Money With Steem Power

I have moved all my content away from the now centralized and controlled Steem blockchain to the decentralized Hive blockchain.

7 years ago by flauwy (73)

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cendana287 (40) · 7 years ago

Trying to make it at Steemit will require sustained effort. I've been encouraged by the progress made by some of those who came before me. Therefore I will continue being somewhat involved.

After seeing STEEM's rise in price, I've been tempted to send my units to Bittrex and cash in. However, that will mean my Steem Power will be reduced. And I will be back at upvoting posts and comments I like for only $0.01. So I'm leaving my STEEM here.

By the way, I've observed that my replies had brought in more upvotes than my posts. Maybe this is the niche I should focus on - commenting(?)

flauwy (73) · 7 years ago

Commenting is a fantastic way to make money. I upvote every comment with effort gladly. With me alone you can make many Dollars over the week.

Don't cash out more Steem than you need for your living. Leave everything else Steem Power. Trade your SBD on Bittrex into Steem and power them up. This will change your life in one year from now forever! this is at least my personal strategy. :)

heremonium (57) · 7 years ago

actually I like more commenting then posting (sometimes it might be hard to post something good), so this way we communicate and share and agree or disagree
sometimes it pains to cash out, it seems like you're selling your voice for few dollars, sorry for being so extreme.

flauwy (73) · 7 years ago

Yes, commenting makes this whole thing work. If it would be just for the money it would have no soul!

But cashing out is also the key why this place is so unique and rich in conversation because it draws people to the blockchain and makes them interact. I would not spend so much time here without the monetary component. But due to that element I am having tons of fun to answer the 107th comment to my post. Not because I hope to get an upvote in return but because I know that somewhere on the line we are both getting something out of it which provides for us and the future of our children.

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emolleno (25) · 7 years ago

I am new to this platform and I find it very interesting. Making money commenting will be a great opportunity for many people...

mproxima (54) · 7 years ago

same here and the encouragement of intaraction on steemit is something I never seen! Really cool

cendana287 (40) · 7 years ago

Hopefully Facebook will come up with something. Wouldn't it be great if our posts and comments there would become like at Steemit!

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mawit07 (66) · 7 years ago

Not saying this is impossible for facebook to do but it is not a blockchain. I would imagine facebook would have to integrate some new type of platform for users to earn.

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leahlei (57) · 7 years ago (edited)

I will follow your advise @flauwy upvote articles on Steemit, dMania, DTube, Utopian. Thank you for always sharing very informative advise especially for newbies who need to power up.

flauwy (73) · 7 years ago

Yes, this post is particularly meant for all the investors who helped bringing the Steem price recently from under a Dollar to over 3. They need to work with the system to make it a great experience for them, for us and for the Steem price. ;)

yinkaknl (54) · 7 years ago

So the price of steem have negative and positive effect on steem power or delegating power. Am hearing this for the first time.

No wonder if I upvote 2-3 post, my steem power run down faster than before.

flauwy (73) · 7 years ago

No, the price of Steem defines how much your upvote is worth. Your SteemPower never changes with the price and delegated power is also influenced by the price.

When you upvote 3 posts you have burned 6% of your total power (assuming you upvoted each with 100%) which makes your next upvote 6% less worth.

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rawdawg (61) · 7 years ago

Hey flauwy, first time reader of your material. I like what I see. Thanks for taking the time to put out some info to investors who may not be familiar with our ecosystem. Hopefully they take your advice.

flauwy (73) · 7 years ago

Hey, I recognize your name from somewhere. Great that you like my content! Check out my Steemy videos which is the main thing I do here.

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viraldrome (67) · 7 years ago

That steem world thing is cool I was trying to figure out when my voting power was back to full strength and that tells you exactly when that will be

flauwy (73) · 7 years ago

Yes, it is a tool that runs always in the background is fantastic to watch your incoming votes and comments and much much more.

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teenovision (52) · 7 years ago

bring more and more people under steem and increase its value

sanuk (48) · 7 years ago

Im not an investor, and definitely my SP is minimal. But this gives me an idea to power up so i can earn more. Thanks for sharing @flauwy

flauwy (73) · 7 years ago

I have earned all my Steem Power here on Steemit, DTube and Utopian. And I will continue to safe more and more of it. It will become very valuable one day!

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allcapsonezero (61) · 7 years ago

I was totally unaware of 'curation trails'. This is a great idea. Sometimes I have a lot of time to read. Sometimes I don't have a spare minute. It might end up upvoting more quality than simply selling the upvote.

flauwy (73) · 7 years ago

Yes, if you follow the right trail you can do a lot of good. I am building the 1UP project where the hivemind decides with equals votes who gets upvoted. :)

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allcapsonezero (61) · 7 years ago

this is awesome! I am going to check out the project now... kudos for the good work you do!

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seanmalex (48) · 7 years ago

I recently sold most of my SBDs to buy steem, i felt i was doing the wrong thing, i also felt i was going to lose, so i decided to power all my steem up..but i was still not satisfied with all i did, because i was not sure of what i was doing..not until this moment.I still need more eye opening articles on this issue anyway.i would really appreciate a reply.

flauwy (73) · 7 years ago

I think that was a brilliant move of yours. Make sure to use your power wisely. Find the right approach for you and let the money come. Combined with continous posting and your future is secured.

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thecreatorx (25) · 7 years ago

WOW!!! What a nice post! Thanks for the overload of very very usefull information. I learned a few things and will use some of the stuff mentioned in here. Great work!

flauwy (73) · 7 years ago

Hehe, yes it is a ton of info but by far not my longest post. ;)

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felander (71) · 7 years ago

Nice article, just one remark.

The vote slider still only comes after 500 sp does it not? That means for most of the 44000 users that they do not have this yet, maybe edit this?

And personally i like the comments as well and reward the ones that are thought out and check the writers of the random “nice posts comments” to see if they do this often and if so I do not reward those

flauwy (73) · 7 years ago (edited)

No, this only applies on Steemit but none of the other platforms. Steemit has already announced on Steemfest that they change this very soon.

I also love upvoting comments. :)

bizzz (39) · 7 years ago

Great post, most people (including me) don't want to face the fact that you have to reinvest the pennies you make on posts and comments in steem power. to make bigger profits on posts. No such thing as easy money!

flauwy (73) · 7 years ago

Steem Power is incredibly powerful and much more worth than anything you can take our of here. Stack it up now while it is still affordable.

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jasonshick (65) · 7 years ago

Great summary here. I love how there are several ways to make some Steem here on the platform. What I would like to see in 2018 is more focus put on discussions, like how its done on reddit. Great post for new users. Happy holidays

flauwy (73) · 7 years ago

That will happen via the new community accounts. This will be a very cool system which is similar to Sub-Reddits.

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ncyrus (37) · 7 years ago

Thank you for posting this @flauwy . it helps me to understand more about Steem i'm new here so this helps me a lot ! Thank you Very Much.

flauwy (73) · 7 years ago

That is great. I hope many people will find this useful and start powering up. :)

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blazing (70) · 7 years ago

very nice and detailed post this is the one which cleared many doubts too thanks for sharing this one

flauwy (73) · 7 years ago

You are welcome. Stack up your Steem Power now as long as you get so much money for your SBD. :)

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cryptokraze (72) · 7 years ago

Excellent stuff man. You are doing great just keep it up

flauwy (73) · 7 years ago

Thx, it is a constant hustle. ;)

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oliverschmid (67) · 7 years ago

Great. A lot of learning. I like these bots. Even if it worries me a little if it's healthy for Steemit in the long run. I doubt that so far. I like it here and I'd love to put more money in it, but that's what I'm worried about.

flauwy (73) · 7 years ago

Yes, it is a weird phenomenon but it works in harmony with the code and people can use that for many good reasons. It is also a game with a grind for coins.

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oliverschmid (67) · 7 years ago (edited)

Good Morning flauwy, not that we understand each other wrongly, I'm not looking for arguments against steemit/steem/sbd, I've actually fallen in love. And of course I also see the chance for me to rent power to bots, but: just this makes me worry, because in a way this is a rather unhealthy money printing machine. I would like to be convinced of the opposite.

I saw that bots are also used for good purposes, and of course I'm happy about that.

the question is: how does it behave in the long term and is it healthy?

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flauwy (73) · 7 years ago

Nobody knows that. ;)

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mrsexappeal (48) · 7 years ago

Thanks man! Very informative blog.. as a new member of steemit i find it very helpful to me.. a big thumbs up! keep up the good work man! :)

yinkaknl (54) · 7 years ago

Self upvoting is very common, thanks for the great information, I like buying buying delegating power, for the growth of new account and to make money. Keep sharing

flauwy (73) · 7 years ago

Yes, stuff like that can help your account to grow faster and find more readers.

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ameerkhan (37) · 7 years ago

Grrat information you provide sir i am new in steemit and i don't anything but after reading your article now i am able to under steemit and how we can earn thank you sir for your valuabke information

flauwy (73) · 7 years ago

You are welcome. Make sure to get as much Steem Power as you can and you will have plenty of passive income in the future!

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minicooper (25) · 7 years ago

Thank for the information, I am a newbie in steemit, and this feed really help a lot!

flauwy (73) · 7 years ago

Keep coming, I have tons of tutorials and videos. ;)

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cityslicker (58) · 7 years ago

didn't knew about delegation got the answer thanks for the help and for sharing the post

flauwy (73) · 7 years ago

Glad to be of assistance.

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igel2017 (59) · 7 years ago

Super! Endlich weis ich mal was ich damit machen kann.
Hab sogar SD gekauft weil ich nicht wusste was besser ist. Danke für diesen super Beitrag.

flauwy (73) · 7 years ago

Freut mich dass er dir geholfen hat. Die üblich Abkürzung fpr Steem Dollars ist übrigens SBD für Steem Backed Dollars. :)

igel2017 (59) · 7 years ago

Werde es mir merken :-). Alles ziemlich neu und sehr verwirrend hier. Was hat eigentlich der SBD für ein Sinn? Steem ist ja Krypto und Steemit die Plattform. Was der SBD genau soll???? Hab halt mal paar gekauft. Power ist aber besser jetzt wo ich weis was man damit machen kann. Vielen Dank dafür

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kristihh (41) · 7 years ago

Thank you for useful information. Your article is very useful (especially for new Steemers like myself).

flauwy (73) · 7 years ago

Use your advantage to be still early on Steemit. You can now earn plenty of money which you can then power up and make yourself a passive income system. :)

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rajag234 (54) · 7 years ago

Agree and follow your tips
()

samnix (39) · 7 years ago

Thank you for the post @flauwy, priceless information...
I've been on steemit for 6 months and am still in the process of understanding steemit well. This post comes as a refresher and I look forward on how I could use all the other steem services you mentioned to further advance my knowledge. Thanks once again. Have followed you so I can read your posts in the future too...

flauwy (73) · 7 years ago

Haha, I am glad I could even make a difference for an experienced user like yourself. :)

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shencoin (55) · 7 years ago (edited)

really much good post and good advise from ur experience but about delegation i want to get from blocktrades but they said the power is finished and how i get delgation steem power @flauwy

flauwy (73) · 7 years ago

They are overrun right now because of the high SBD price. Everyone wants some delegation so they stopped their service for now but will re-open it soon.

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arahim95 (17) · 7 years ago

I followed your post and saw, I need a very upvote and comment, will anyone help me?

igel2017 (59) · 7 years ago

:-)

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valorforfreedom (66) · 7 years ago

Investors have a lot of power and depending on where they put their money they can seriously ruin the platform.

These comment upvote bots for example are absolute cancer and they put all the better comments below them. It pisses on quality.

Or investors delegate their cash to scumbags that massively downvote others for shits n giggles.

As an investor, you have the potential to destroy Steem, use it wisely.

flauwy (73) · 7 years ago

With great power comes great responsibility.

Some investors don't care enough but others certainly do. The Utopian project lives from the generosity of sponsors. Hence, some use it wisely and some don't.

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valorforfreedom (66) · 7 years ago

Very fitting quote.

There will always be scumbags. It is funny that there ain't a lefty or righty community yet that organized to downvote the other side.

That they didn't do it yet is probably based on this: You don't play with the money of other people.

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wonderwop (66) · 7 years ago

I just powered up and my account went from $30 to about $69. I started looking at people's wallet and noticed that nobody had any funds in other places except Steem power. I don't understand the whole 13 payouts thing yet, but I'm learning more everyday. Thanks for the very informative post. I will upvote you later today when I'm above 95%. I also resteemed you so I can show my sister.

flauwy (73) · 7 years ago (edited)

Having liquid Steem makes very little sense and that is why nobody has it. SBD is just for exchanging anyways so people often quickly sell it. The only thing we all want and need is Steem Power. Without it Steem would not work.

Press power down and you receive 1/13th of your Steem Power as liquid Steem every week for 13 weeks.

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wonderwop (66) · 7 years ago

Thank you for the info, I hope it will be a long time before I need to power down. This minnow is working this platform for all it has to offer and meeting great people along the way. Have a Happy New Year 🎉

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ghulammujtaba (59) · 7 years ago

This is awesome, how about sharing this post outside Steemit? Can I shre it on my twitter and facebook?

flauwy (73) · 7 years ago

You don't need my confirmation to share this. Please go and do so!

brothermic (68) · 7 years ago

very good to put all these things here, we have alot of new users and they need to learn alot :)

flauwy (73) · 7 years ago

Yeah, there will be many more new users soon enough. ;)

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mers (66) · 7 years ago

Hi @flawy... I am trying to stack more SBD into SP. You said it perfectly...there is really a big difference as far as value is concerned.. I can regulate the slider if the user's content is really worth my upvote. I would like to join those communities you said like Chainbb, utopian, Busy, etc...due to lack of time I have not really looked into them ..A teenage friend of mine who I coached before on the steemit basics is a real talent on crypto ... she even outnumbered me in terms of reputation and rewards .. she is an asset to the ecosystem.. and now she's the one coaching me on how to invest in crypto. Thanks for sharing.

flauwy (73) · 7 years ago

The student becomes the teacher. Something we all eventually experience. :)

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bitgeek (62) · 7 years ago

Congratulations @flauwy, this post is the third most rewarded post (based on pending payouts) in the last 12 hours written by a Superuser account holder (accounts that hold between 1 and 10 Mega Vests). The total number of posts by Superuser account holders during this period was 1182 and the total pending payments to posts in this category was $9745.66. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

cristinamuah (43) · 7 years ago

Thanks for the detailed tutorial on this. The pics really help! @mamajeani read this! 😊

dmskihomestead (47) · 7 years ago

pretty nice 😊👍

amahovac93 (63) · 6 years ago

Need to get me some more Steem power!
Nice post btw.

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shaimah (44) · 7 years ago

Thank for sharing.. Very good for knowledge... Ilike

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jerrybanfield (74) · 7 years ago

Thank you @flauwy for promoting this post together with https://steemit.com/budget/@jerrybanfield/introducing-steem-budget-proposals

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pushup (51) · 7 years ago

17.85% @pushup from @flauwy

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buildawhale (74) · 7 years ago

This post has received a 2.26 % upvote from @buildawhale thanks to: @flauwy. Send at least 1 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.

To support our daily curation initiative, please vote on my owner, @themarkymark, as a Steem Witness

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kittybot (39) · 7 years ago

This post has received a 23.26 % upvote from @kittybot thanks to: @flauwy.

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boomerang (56) · 7 years ago

This post has received a 16.04 % upvote from @boomerang thanks to: @flauwy

@boomerang distributes 100% of the SBD and up to 80% of the Curation Rewards to STEEM POWER Delegators. If you want to bid for votes or want to delegate SP please read the @boomerang whitepaper.

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taurus1983 (55) · 7 years ago

Thanks for these useful tips! :)

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allaz (56) · 7 years ago

You got a 2.01% upvote from @allaz courtesy of @flauwy!

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aksdwi (53) · 7 years ago

This post has received a 2.42 % upvote from @aksdwi thanks to: @flauwy.

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kr-nahid (58) · 7 years ago

this post and your helpful idea is helping many steemians.

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starboye (53) · 7 years ago

its good to power up for long term :)

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minnowhelper (53) · 7 years ago

This post has received a 34.54 % upvote from thanks to: @flauwy.
For more information, click here!!!!
Send minimum 0.010 SBD to bid for votes.
The Minnowhelper team is still looking for investors (Minimum 10 SP), if you are interested in this, read the conditions of how to invest click here!!!
ROI Calculator for Investors click here!!!

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cryptomonitor (65) · 7 years ago

Great post there, keep up good work !

This replay was created using STEEMER.NET Alpha ( support STEEMER.NET / Wallet / Exchange Project here: https://steemit.com/investors-group/@cryptomonitor/steemer-net-steem-blockchain-transactor-for-windows-android-app-funding-update-243-1200-sbd-28-12-2017 )

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flauwy (73) · 7 years ago

I really don't like your aggressive link posting strategy. Please stop that on my posts.

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alfi1212 (40) · 7 years ago

Thanks for the valuable information you gave.I also was eager to know what to do to be a good steemian.your guidelines are very helpful for a new user.again thank you.

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flauwy (73) · 7 years ago

Powering up makes a bigger part of the community and you have many more opportunities to generate new Steem for yourself and others. Thats't the foundation of Steem. :)

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wonderwop (66) · 7 years ago

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originalworks (69) · 7 years ago

The @OriginalWorks bot has determined this post by @flauwy to be original material and upvoted it!

ezgif.com-resize.gif

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!

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hattaarshavin (74) · 7 years ago

Thank you for share this tutorial, very useful for me as a beginner @flauwy
Don't forget to visit my blog.

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postpromoter (63) · 7 years ago

You got a 40.60% upvote from @postpromoter courtesy of @flauwy!

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readen (13) · 7 years ago

I'm mining with Hashflare (cloud mining bitcoin) https://hashflare.io/r/13062913-1
and trading on Binance for altcoin https://www.binance.com/?ref=11789561 ! :p
made a lot this year :33

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olawalium (74) · 7 years ago

This is really amazing. So much to learn and thanks for breaking it down to make it easy. Thank you.

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serkorkin (57) · 7 years ago

I think this is a good idea! Good luck in your business!

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luzclaritareyes (43) · 7 years ago

https://steemit.com/steemit/@luzclaritareyes/i-am-new-to-steemit-luz-clarita-reyes-introduce-your-self

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romz410 (61) · 7 years ago

Signed up for all of these. I signed for Steepshot as well. Would you recommend it?

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flauwy (73) · 7 years ago

Yes, certainly. Steepshot is more for photo fans but it is a cool app.

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mawit07 (66) · 7 years ago

Interesting that self upvote is against the rules. It would make sense for users who are whales to not upvote themselves as most rewards fall back into their accounts. However for minnows and red fishes most of the time our posts are basically close to zero. Maybe it is just me and a self upvote gives me the needed pennies :/

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flauwy (73) · 7 years ago

It is not against the rules. There are no rules!

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booster (68) · 7 years ago

This post has received a 8.93 % upvote from @booster thanks to: @flauwy.

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moonhologram (18) · 7 years ago

wish i was smart enough to understand all of that... arghhh
good try though...

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epearson (47) · 7 years ago

This was very clear. Thanks for the explanation. I'm going to stop upvoting my posts. I didn't know that can be a problem.

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tsonkomirchev (30) · 6 years ago

An additional example
https://medium.com/byteball/introducing-a-bridge-between-byteball-and-steem-and-an-airdrop-548d7958b9e9
https://steemit.com/steemit/@punqtured/official-byteball-airdrop-to-steemians

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