Hello there, fellow steamers!I am very happy to participate in this contest; investment in steemit and ways to invest in steemit. Steemit is a social blockchain where people create content and are rewarded based on the originality and importance of the blog to the Steemit blockchain.

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The Steemit blockchain was formed by the basic idea of earning a cryptocurrency (steem) without mining it, unlike bitcoin. Users earn Steem through their curation rewards and curating of their own content on the platform, and others too can invest in Steem by buying it.

Investement in steemit is done by owning an asset on steemit. These assets are steem dollars, steem and steem power. Holding of your asset adds value to the growth of the cryptocurrency to enable it to compete with other cryptocurrencies in the market.

There are ways one can invest in the Steemit blockchain. You can invest in Steemit by powering up your Steem or buying Steem on an exchange such as Binance, Bittrex, or Poloniex.

What is powering up?

Powering up is the conversion of steem to steem power (SP). There are related benefits to powering up your steem on the blockchain to attain higher steem power.

The importance of powering up

• Have more influence on the Steem blockchain. Have you ever wondered why some steamians are more influential than others on the steem blockchain? Are you crazy about how others earn comments and payouts more than others?

Well, you don’t need to be demorilized. Most of these steamians accomplished this by powering up their steem. Bear in mind that the higher your steemit power, the greater your influence on the blockchain.

• Steemit promotion. One of the outstanding ways of promoting is to invest more in STEEM by powering up your STEEM. Studies have revealed that there is a drop in the STEEM price if any of the influential people on the platform have power down.

• Another important power up and investment in Steemit is earning more money from the platform. One can earn more money from the platform by self-upvoting. This is possible provided you have more steem power. This is the reason so many people power up their steem so that they can earn more by self-upvoting.

• Helping other steamians on the platform. Once you can earn money on the platform by self-upvoting, you can help other steamians by upvoting them.

Steps to power up your steem

• Log into your wallet.

• Click on the download icon at the bottom of the Steem. I choose to power up my 3 steem in my wallet.

• Choose power up.

• choose the amount of steem to power up and click on power up button

• confirm your power up process by clicking on ok

Difference between power up and power down

The steemit blockchain has two influencers of the price of steem. The more people power up their steem, the more steem increase in value. The opposite occurs when more people power down frequently.

power up	power down
power up is the conversion of steem to steem power	power down is the conversion of steem power to steem
strength of steemit increases when users inculcate the habit of powering up	Weaken the strength of the steemit blockchain

Users on the steemit blockchain also earn TRX which is also in a formed of investment. users can transfer this token to their binance or tronlink pool account to trade other tokens.

Thank you, @magcarnie, for organizing this contest.