Why do you need to Power Up ?

in #steemit7 years ago (edited)

Powering our steem account will never be as easy as it is today. That means when the value of steem grows then it will be way more hard to collect steem power.

What do you think about the price of steem ?
You may think the price of steem won't go more than $10. Then you are absolutely wrong. Steem is one of the most undervalued coin. It only has a market cap of $1 Billion and the price is almost 5 dollar. After full inflation even if $20 billion is invested in Steem in about a year or even less, it's price will jump to $90 per steem and it is absolutely possible for a coin like steem to get a market cap of $20 Billion or even more in future.

What that means ?
It means those who join steemit after 1 year will find it extremely difficult even to collect some steempower which you will get it now for ease. It used to be some day that when we use to get 1 SBD and 5 SP in a post payout and now we get almost 0.2 for 1 SBD. That means collecting power will be extremely difficult in the future. It would be no time when you will get only 0.005 Steem Power for 1 SBD and then only rich people will be able to invest in Steem.

Another important fact is you can curate your comments and get you some following. You will have power to upvote yourself and earn. Even if you collect around 100 SP then it will be your best decision and may be able to support your future.

Personally I believe within 5 years time steem will go upto $500 per steem but you always need to make your own decision !

So do your best to collect some power for you !

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Its all well and good, but can you provide a way to invest on steem right now? From Nepal? What is the process.

Message us on Facebook !

How else can we power up our steem power if our posts are not generating enough?
Thanks for this post and the reply in advance.

Convert you SBD to steem and the there is a option to Power Up.

converting SBD to STEEM will power up our posts?

Not your powering up your post. It will convert your SBD to steem which you can power up and get your SteemPower increased !

Thank you for your clarification. :)

Power up ta garana hunthyo ni tara sala sbd ko value steem ko bhnda mathi nai gayena .....1hapta aagadi 1 ma 1.1 gareko aile 1 ko balla 0.8 tanaab xa....k garam

Wait for the right time !

bro how can we power up

You got a 2.50% upvote from @postpromoter courtesy of @teamnepal!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!