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RE: Can you Earn More Steem on Steemit by Investing?
Investing in STEEM Power will increase your voting power, and people with more voting power usually have more of a following. You can also earn more on your interactions if you have a lot of voting power.
But in my experience you won't earn followers or extra votes just because you purchase extra STEEM. I have invested in STEEM to help me get more out of my account, and I'm glad I did, but I think my followers are coming because of my interactions with them and the content I post, not if I'm buying more STEEM.
Thanks for the thought out response! That is interesting, I guess I receive a vote with a lot of power behind it, I check it out, so that make sense. I'm considering putting a lot of my money I have dedicated towards crypto currencies at the moment into STEEM as a long term investment. If you convert it to STEEM Power and go on a voting spree, would you lose any steem power?
You would lose voting power temporarily and possibly your reputation, but I do not believe you would actually lose STEEM.
From what I understand, you lose a percentage of your voting power with each vote so if you are voting at 100%, you can vote 10 times before you run out of juice and basically your votes would no longer have any value until they regenerate. If voting at 50%, that would be 20 votes. But no, you won't lose SP as a result.
Thank you for the insight, I've been here awhile and I'm still learning.Small bites