FUNDING YOUR STEEMIT - what?

in #investment7 years ago

FUNDING MY ACCOUNT 52 USD and see how it would grow.

I am excited at Steemit seeing how generosity of members in sharing information as well as their upvote especially @whales.

Buying Steem Power is fast, it means putting your money in exchange of Steem Power by sending to exchanger that allows steem power to be bought as specified at your Steemit account instructions.

As @minions I started 52 USD so I could understand how far it could go, especially on my upvote.

If you look up at the picture above, you will noticed that fees were at around 8$ and my account received 29.986 steem power, mixed emotion I really do not know what to think just yet by then... and …yehey now I am thrilled to see more details for my upvote value.

The upvote value immediately upon trying is only 0.01. : (

Kind a sad........ and so.... well, i have to move on.. what now... I tried to see and look around, post some, upvote some, read, read, read…and read.. I love pictures especially if you are with those nice places.

What the… From start to now almost 30 days since, i really have not recovered my initial investment nor the fees.

Right now I have 32.651 Steem Power, and if you even try to get your fund back, it would give you a very long time to get it. It would only allow you 1/13th part ( 2.511 of my Steempower to Steem) since I tried to power down.

Let’s get back a bit, you need to fund it and you need to work hard posting good value so that every body would be liking your post and upvote it especially @whales. You must be a good writer to achieved that. Or you must have been sharing something of value to the community in good faith or for good use to everybody. Mixed with the how for them to be able to find your post and upvoted you at the same time.

Unless you fund your account with good numbers to easily recover immediately on fees, it will take quite a while.
As for me, I was charge 16% equivalent deducted to my account on fees upon starting. While my steem power increased by 9% after 30 days. It seems not enough to recover just yet could be for another 30 days with hard work.

Calculating the best way to start to invest is to put at least 200 USD or more to quickly recover the fees. This equate to equivalent steem power around ~190. Assuming the fees is fixed and not 16% of your transferred dollar to steem power. Otherwise it does not make any sense going for more funding, I think it is fixed but I am not sure.

So, to cut to the chase,

Ways in doing a good post would be a best thing to do so far. I am looking forward to try to put 200 USD soon to see how it looks like. I also upvote one post yesterday to try and see, since I been out for while. Surprisingly it gives a lot more than 0.01 as before; yesterday i upvoted the one i liked it gives around 0.22, good to know and i am happy to see that.

What do you think about my journey, share your thoughts , please upvote and follow me… Share the love the your beauty and the world in steemit! Thanks for reading and I hope you enjoy your journey at steemit.

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I powered down to take some STEEM to LITECOIN. Impossible to ever become a whale unless you invest more like $5000. Good luck and good article my friend.

Thank You... I power down as well just to try.

Yeah I agree with you...
I am new here can you people help me with this power up and down issues I am a bit confused

Power up means you are trying to increase your Steem Power to have greater number once you upvote a post. Power down is liquidating your Steem Power to steem so you could cash it out.

Thank you for documenting your efforts. Watching what other people are doing on the network is helping to learn how to use Steemit more efficiently.

Thanks for sharing this information @haroldmagma, this coming week I will investigate this topic, as it attracts my attention a lot.

I think you can rent the steem power.