Hi all, I am Prashant.
Today I want to talk about something important,
I know I am new to steemit but I did a lot of research and
I want to share an important information which will increase our chance of success in steemit.
Some of you may know but for all the new-bees like me it is imperative to understand the importance of steem power.
Steem power is like an investment the more you invest the great the return will. Let me break it down for you.
SP(steem power) drastically increases your voting power, its increases your vote value thus increases your influence in the community
Just think what will be your influence if your upvote value is worth $5, If you upvote some ones post you basically giving them $5.
It also increase your curation reward.
Let say your vote worth is $2 and you upvote someone's post first after 15 mins of posting. You both will get $1.
Another important way you can use your SP to earn money when you are not using your Steemit. You can delegate your SP to a bot and he will use your unused voting power to upvote others people post while you are not using your account.
Delegating you SP is simple as giving some one else your voting power and you should only do this when you know you are not going to use it for a certain time.
My strategy is to add 30$ worth of steem Power into my account every month since the market is going crazy. But you can do as it suits you.