Powering Up - Why we should

in #payitforward7 years ago

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Powering up is the single most important thing that you can do on Steemit.

We talk about engaging all the time. We do this because it develops a following. When I say following I am not talking about the number of follows that you have that is listed on your blog page. That number does not count or accurate because it does not indicate the number that actually follow or engages with you. Developing a following or foundation is the only way that will sustain you over the long haul.

A good way or one of the ways to determine your following is by your vote count, averaged over time. Not your payout but the count. Most of your votes should be worth 0.001 if that high. That's ok because your building your foundation and so are most of your followers. In time their SP will grow and so will yours giving you and them a higher payout slowly over time.

There is talk about the whale circle jerk. But most of the whales joined Steemit around the same time. They know each other and have engaged with each other. They received the same payout as you are now back when they started. So it is only natural that they still engage with each other. Is that not what you are doing in the process of building your foundation. Their foundation is already built and now they are putting a grand house on it.

Voting and Posting are two ways to earn Steem. I have talked about voting to many times and will just say, use your vote sparingly and to get noticed. Everyone knows that your vote is very low and that you only have 10 votes in a 24 hour period. Don't use your vote to impress anyone or promis anyone a vote .
As far as posting goes it is a way to build ones following if you also use it to engage. Failure to engage with comments will result in no new followers and the ones you have will drop you because you deserve to be dropped.

It doesn't matter how much you invest in SP. What matters is the consistency over time. This is one diverse place and the income for each of us very. When you add in the hardships that each and every one of us face it makes it even harder at times. Unexpected expenses hits everyone of us and they hurt equally.

I have been preaching that we need a middle class here. I believe that. I believe that it will make this a better platform. In order for that to happen people have to power up. Not only will it help the platform it will also increase the individual payout. The first step is to hit the 500 SP mark. It takes months but once it's reached your payout will start to snowball higher.

wolfhart
Plankton I

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Well said @wolfhart. This is the right time to invest in STEEM. I'm also focussing a lot on powering up now. When the steem price goes high again, we will enjoy the fruit. Cheers!

I have been working on the 500 SP mark. We will see how long it will take. Hoping real soon

Earn and Invest right now....just power up! So many people wished for this lower price yet have done nothing with it. They even have cut back on posting as their rewards are to low for the time invested...so short sighted.

I cant understand the red fish. at least a dollar a day would help. trust me I know but dam something, it pays back way more

If you take a mindset of reinvesting and trying to earn max by posting on a regular basis, self vote at a semi high level, use your votes wisely to help build relationships. I don't see why anyone can't earn around 40% additional steem in a 12 month timeframe.

From there you have the value add of compounding interest on that additional earnings. So now you can earn another 40% on the 140%, or around 60% from your initial investment.

Problem is to many people look at today. They have no concept of planning for 3-5 years out. It's an instant gratification world and people don't want to invest a little time and money today to have a better future.

Power up is right!! It's the only way :)

I always seem to be at 40%-70% power on Steemworld.

Is that why I have no juice to my upvotes? plus no $$$$$$$$ lol

Yea thats one reason. The other is you only have 15 SP. If you have any SBD or Steem now is a good time to power up . maybe it will go lower but we will see Steen $1.26 when I last checked

Yes I am trying to power up fast as I can without going to hard. I just worry about steemit sometimes I like it but new users have a hard time it seems. I know you and others are trying to help them but it is much harder.

it is hard
Steem is the key in the future and SP is Steem by powering up it give you a better return and investment in Steem

For a HODLer, powering up just makes sense. Personally I try to power up more than 1 steem a day. I know its not much but its basically what I earn here, so.................

that's 30 steem a month and it will add up over time. Not to mention as your rewards increase so will your investing increasing the amount of Steem. If you put all your profits into powering up

I was just inputting my data in a new portfolio app and realized that for both Steem an SBD I had to put a buy price of zero dollars since I earned all of them here :-)
It takes hard work but its a pretty sweet deal here

its work but you get out what you put in and more

I really want to ride the balloon is a friend

You got a 31.18% upvote from @ocdb courtesy of @wolfhart!