Steemit Crypto Academy Contest / S9W1 - Steem performance in 2023steemCreated with Sketch.

in SteemitCryptoAcademy8 months ago (edited)
Hey everyone!
I'm excited to participate in the Steemit Crypto Academy's . contest where we'll be analyzing the performance of Steem in the year 2023. As a cryptocurrency enthusiast I've been following the developments and trends in the market & I m looking forward to sharing my insights on the future of Steem.

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In this post I'll be taking a closer look at Steem a blockchain-based social media platform that has been around for Few years now . despite facing some challenges in the past Steem has remained a popular platform for content creators & cryptocurrency investors like . I'll be examining the current State of Steem as well as considering variou factors that may impact its performance in the year 2023.

By sharing my analysis & predictions for Steem's future performance i hope to contribute to the broader conversation around cryptocurrency investments and help others make informed decisions . so without further ado let's dive In and explore What the future holds for Steem!

Should you invest in Steem now?

I am not investing in Steem. however I do believe That Steem has potential as a blockchain-based social media platform. Steemit the primary app on The Steem blockchain allows content creators to earn cryptocurrency for their contributions to the platform . As a content creator myself I appreciate the opportunity to earn Steem for my Posts .

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While some investors may be Interested in using technical analysis tools like Tradingview to predict the price of Steem in december 2023 it's important to remember that the cryptocurrency market can be volatile and unpredictable . while technical analysis can provide Insights Into past price trend it cannot guarantee future price movements .

For this reason I prefer to focus on creating quality content & engaging with the Steemit community. By building my presence on the platform & providing value to my followers i can continue earning Steem regardless of Price fluctuations . additionally As steemit grows and attracts more users the demand for Steem May increase potentially leading to a rise In price.

Overall while i am not currently investing in steem i do see potential in the platform and will continue creating quality Content On Steemit to contribute to its growth .

transfer USDT to Steem cryptocurrency

Step 1

First you ll Need to log In to Your Steemit Account and navigate to your wallet. You can do this by clicking on the "wallet" Button in the top right hand corner of the screen.

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Step 2

Once you're in your wallet Look for the opton to buy Steem which may be labeled as "BUY STEEM"
Click on the "buy" button next to Steem & you ll be taken to a page where you can enter the amount of USDT you want to convert to Steem. make sure you hive enough USDT in your wallet to cover the purchase.

step 3

Once you've entered the amount of USDT You want to convert to Steem Click on the "confirm" button to complete the transaction. You may be Asked to Verify your identity ORprovide additional information before the purchase is Processed.

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step 4

After the transaction is complete You should see the Steem Cryptocurrency appear in your Steemit wallet. you can now use It to buy other Cryptocurrencies trade on the Steemit platform or hold it as an investment.

How many Steem Power do you currently have? Analyze the expected growth of your Steem Power until the end of 2023.

Currently I have 1773 Steem Power on The steemit platform. as for the expected growth of my Steem Power until the end of 2023 it's hard to predict With certainty since it depends on various factors such as the amount and quality of Content I create the engagement i receive From the community and the overall market condtions .

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However I am optimistc About the potential growth of My Steem Power since I am committed to creating high-quality content and engaging With the Steemit community . to achieve this I plan to continue to post regularly and participate in Steemit contests & challenges to increase My exposure and engagement.

One of my strategies to grow my steem Power is To focus On creating content that provides value to the Steemit community. This includes researching topics that are of interest to the community and producing content that is well researched informative & engaging . By consistently creating valuable content I hope to build a loyal following & Increase My visibility on the platform leading to an increase in Steem Power .

In addition I Plan to engage with the steemit community regularly by commenting on other users' posts participating in discussions and joining Steemit Contests & challenges. By engaging with the community I hope to increase my visibility and potentially Attract new followers and upvotes leading to an increase in Steem Power.

Lastly I may consider investing in Steem Power in the Future to further increase my stake in the platform and earn more rewards. By investing in steem Power I can potentially increase my influence on the platform and attract more Upvotes & rewards For my Content.

Overall while the exact growth of my Steem Power until the end of 2023 is uncertain I am optimistic about its potential growth. I plan to continue to actively participate in the Steemit community by creating valuable content engaging with the community and potentially investing in Steem Power to increase my stake in the platform.

I am inviting: @qasim78 @hamzaarhann @drbehram

 8 months ago 

I am not investing in Steem. however I do believe

Towards the end of post you mentioned that your SP is 1713 , so that is your investment in steem because as bull season arrives your value of steem is going to increase multifold and thats what investment means . Isn't it ?

However I am optimistc About the potential growth of My Steem Power since I am committed to creating high-quality content and engaging

That's actually a testament to your bright future on steem. Keep steeming .

Good luck

oho thanks .. now i get the question .. again thanks for your feedback

 8 months ago 

You have written very well. I enjoyed reading it. Yeah, if you continue creating good and quality contents you have a high chance of getting rewarded wish will help you to grow your steem power and if you keep up with your commitment and consistency, you will achieve that. I wish you success.

thank you so much for your valuable feedback

Thats really nice information thanks for inviting

Once the USDT has been successfully transferred To your Steemit wallet you can use it to buy Steem or any other cryptocurrency on the Steemit platform .

Can I know how to deposit USDT from Binance to my Steem wallet? Is not possible because we having Two native coins only on this steem blockchain that is STEEM and SBD. By using your USDT, buy Steem, transfer those Steem into your wallet, then power up. It's only work.

Cross check once again.

Thanks for an excellent entry from you. Take care of you, my friend.

ok let modify my post

Wonderful mentorship

Thank you so much for verification yes I noted your point i will try improve my post quality more and more..

You made mention of not investing in Steem but I believe being on steemit and building your Steem power already means you're investing in Steem. Your entry is good and I appreciate the clear analysis you have made on Steem cryptocurrency using trading view.

You can easily check out my entry by clicking here

yes i was thinking to invite my money in steemit its call invistment

 7 months ago 

Great content you have presented here dear friend, you do not invest in steem but you see the potential in the coin. You also focus in creating more quality content on the blockchain because of the potential in the platform. Ita true that the market is volitle and that is why we are asked to make prediction. Traders of cryptocurrency do this often and sometimes they get it right but sometimes they get it wrong. In my article i predicted that based on past analysis that the price may hit 0.4$ -0.5$ before the year ends.

 7 months ago 

Hi @hamzayousafzai,

I am not investing in Steem. however I do believe That Steem has potential as a blockchain-based social media platform.

Piyary bhai jan ap club100 ka hisa hain iska mtlab ye hua k ap Steem me invest kar rahy hain, agr ap invest kar rahy hain to isliye hi to ap club100 ka hisa hain. Me dua karta hun k ap mazeed se mazeed power up karain taky ap or tareeky karain.

Apny Steem ko ek wallet se dosry wallet me muntakil karny ka bht acha tareeqa btaya ha. Me apki tareef karta hun.

Apny zahri tor par to apni Steem power ki growth nahi btaii ha, magar apkii mehnat ko dekh kar lagta ha k ap is saal k akhir tak 5000 sp kar lain gy, kunky ap me kabliyat ha.

Akhir me m apko mashwara dunga, k meharbani kar k post upload karny se pehly Grammarly use kia karain.

Achy blog ko share karny ka shukria.


yes thank you so much for your feedback.. i was thought my own money investment in steemit. the question was not clear in my mind

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