Steem Infographic: Basics of the Steem Wallet
View this post on Hive: Steem Infographic: Basics of the Steem Wallet
7 years ago in #steemit by overkillcoin (69)
$58.07
- Past Payouts $58.07, 0.00 TRX
- - Author $49.32, 0.00 TRX
- - Curators $8.75, 0.00 TRX
Thanks! As a new user, this was super helpful
Music to my crazy ears :) Welcome!
This looks awesome and I think it is very helpful for new users already on the platform and for crypto enthusiasts not on the platform. For the crypto uneducated and uneducated in general I think they will need to go to preschool! The first stumbling block might be liquid funds... "is that like melted gold?" Ha ha... but who needs them!
Haha, at that point I throw them a link to a dictionary!
I've been looking for something like this for weeks. How exactly does steem dollars, steem and cashing out my steem weekly? Pretend I'm a total NOOB and I post a piece of content and in 7 days it makes $20. What do I do with the $20 to I move it to savings in the wallet for steem? or do I reallocate it back into steem power or what? I'm so confused as to what to do with the steem or steem dollars once the 7 day payout ends.
am I able to buy steem coins on an exchange? would I want to do this? Im completely new, I keep adding content to my blog everyday but am unsure what to do with whatever is upvoted. id like to contribute to the community as well as generate a great side income. Any pointers. BTW I added you too :)
By the way, a $20 post only pays the author about $15 and pays the voters $5 (split up of course). This encourages the voters to upvote good content. And when you upvote content, 25% of your upvote's value will boomerang back to you.
The steem power from a post power automatically goes into the long term hold (13 weeks)
The steem dollar will show up in your balance. You can decide to:
I think the best way to buy steem with bitcoin would be through blocktrades. If you simply want to convert steem dollars into steem, definitely do it through the open market.
Hope this helps!
It does help I guess I am curious what do I do with Steem Dollars, steem power and all of this. I guess I'm having a hard time understanding what to do with all these currencies and should I be pulling things into savings as a NOOB or just putting it back into steem dollars?
I appreciate your questions. I'm only one person, but I'll try to address this in an infographic soon! :)
Well, in the short term, I'd use the open market to trade steem dollars for steem, and then power up. If that doesnt make sense, I'll try to explain later :)
Great stuff my friend. I’m very close to getting it!
Thanks I'll be sharing this with a lot of new Steemians!
Cool Infographic man, crypto is lacking stuff like this, and it is work like this that brings value to the platform and should be commended. Upvoted.
These look lovely. The only thing that I would tweak a bit is the font or the size of the whole thing, so that fonts don't seem distorted? If that makes sense. Other than that these could be useful, especially for newbies ^^ Good job!
Just changed fonts from "light" to "medium"
Here's the original if you'd like to compare:
Woah nice! A lot better, I think! ^^
@acidyo found an error, fixed it. 3 days not 3.5 days.
Maybe slightly bolder fonts? Sorry can't elaborate more, I'm passengering now 😂
Nice infographic... clear and easy to read and understand
We need tons of these, it's exhausting trying to explain everything to new users there is so much information to take in!
Feel free to send me any ideas, I know you're on the "front lines" of on-boarding new users :)
I would love some help in understanding. and I would assist in advocating as well once I understood what to do
Yo this is genius! Definitely gonna be helpful for new comers! Congrats on this post blowing up! I thought the post you resteemed was your second post and I was like, "Dam overkill must be really hurtin with time right now because he wrote a blog post ahaha"
Today's post though -- wasn't so explosive -- haha -- but Steemit is often like farming, you gotta plant and tend for months before seeing the big harvest...
Thanks - hope to make moarrrrrr! ☺
Haha that’s the realest ish I’ve heard all day haha
Farming's not so glamorous, is it?
Hunting and fishing are "cooler" because you take down a grizzly and have a BBQ - or you smack a giant squid around with an oar till he begs for mercy - then you eat him... But yeah, most of the time Steemit's like farming... although some days you can bag a rabbit or woodchuck lolz...
No aminals were harmed in the writing of this comment.
LMFAO wow can you please take a break from info graphics and make a animation of that exact scene?!
ahaha honestly I would be ok with a series of sketches with that description under it ahaha
Aye ay nothing wrong with a little homesteading from time to time haha
Or i could make it into an infographic somehow...
Today I have very little creative freedom, yesterday was burned up by frivolous client requests that derailed my schedule and increased da PRESSURE...
Will this rat race ever end - gahhhhhhhhhhhhh...
Lmao yeah I could see that becoming a popular infographic haha
And dawg I feel you! Everyone has been quitting my job, so my work schedule has been crazy, but so will this paycheck! Might buy a bag of Steem if this price keeps falling!
I think it's 3 days for savings transfer, 3.5 days is the average price of steem that is displayed on the front-end.
Just getting this now - I'll patch that up - thanks for stopping by! ☺