INVESTING IN STEEMIT AS A WAY OF SECURING YOUR FINANCE //6TH JUNE 2021 / BY @chilaw // 100% Power-UPsteemCreated with Sketch.

in Financial Security3 years ago

Hello friends, I am delighted participating in this very contest in Financial security community and it happens to be my first post here. Thank you @xkool24 and @kinkyamiee for putting up this contest at this time. In today's contest topic which bothers on investment would be explicitly explained for our use.

Investment as we all know have to do with allocation of monies or what know as fiat in the cryptocurrency space with the mindset or expectation of a possible and positive returns over a given time or future. Investment maybe seen as an act of owing an assets with expectations of holding on for an appreciable increase in value before profiteering from its gains. Investment to people maybe viewed in different perspective but the common goal is geared towards making a better Return On Investment (ROI) over a period of time.

Just like explained above for a given traditional financial system, investment is also viewed in the cryptocurrency space in same manner. It may take different dimensions in doing so but the purpose and aim of any Crypto user is to make profits out this process. Therefore, the importance of investing in the Steemit platform is a YES YES agenda for every profit oriented individual. Investing into the Steemit Platform does not only gives you a higher return on Investment over a period of time due to possible price changes witnessed over a period of time but also makes you an INFLUENCER in the community. This is possible with the Steem Power-Ups process which sees the transfer of Steem to Steem-Power, hence the influencer in the community.

Some of the Highlights of Investing in the Steemit platform

  • MORE CURATION REWARDS: Investing in the platform positions the user as an influence in the community. Investing into the platform simply entails building up more of ones Steem Power (SP) which invariably gives its account an opportunity to earn more from curation rewards. The account user is seen to earn more from curation activities made in the community given to the amount of available SP. (The more the SP = The more influence = The more Curation Rewards)
  • MORE PROFITS IN FUTURE: The act of investing in the Steemit platform does not only guarantee curation benefits in the system but also to make profits as a result of price changes over a given time. As at the time of this post, the price of Steem is valued at $0.55 which happens to be a better opportunity for those yet to invest to take advantage of the low prices seen.

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(Steem Value)

What I'm expected to achieve is as good as my intentions of investing and more. I can tell us categorically that I have already stock piled a reasonable amount of steem I can carry for now the price of steem is low and hence waiting for the due time to make my huge gains. This invariably gives me the opportunity to HODL and wait for when the prices are up. (That is to say that I am already waiting to make some good profits as soon as I see a reasonable bullish trend in the value of Steem)

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(My steem wallet)

What more again, I can also decide to power-Up some of the steem value and have an influence duration curation activities. This sees a more reward value to my account when I up-vote on quality contents in the community.

Thank you everyone for reading through my post.

Thank you once again @xkool24 and @kinkyamiee for this wonderful contest. Expecting to see more of this contests in the community.

Written by: @chilaw

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