A Newbie's Guide Part 1
As I am not so new anymore, but still fresh. I can relate to what happens to someone new who thrown in here.
(Source: steemit.com)
Steem, Steem Power, SBD, Vests, upvoting, downvoting, powering up, powering down, minnows, dolphins, whales and maybe even sharks!?
(Source steemit.com)
Well, I decided to make a little guide for the newbies to make it a little more comfortable for them.
What kind of fish are you?
Normally, when you start here, you are a "Minnow", don't worry it's what they call you.
Accounts with less than 5000 Steem Power are called Minnows, nothing less, nothing more...
So don't feel small, most of us are Minnows, there's nothing wrong with that.
When you gather more than 5000 Steem Power, you are considered an "Dolphin".
More than 50000 Steem Power makes you officially a "Whale".
(Source: steemit.com)
How and what can I earn here?
Simple, you earn when you share quality content through posts or comments and they get upvoted. The amount of Steem Power vested by the upvoter(s) and the percentage of their upvote determines how much you earn for that post or comment.
You get paid in a combination of Steem Backed Dollars and Steem, exactly 7 days later. You can choose to change the pay-out to a 100 % in SBD or 100 % Steem, before you submit the post. This can not be done with comments!
A second way you earn is through Steem Power, actually by "Vesting" your Steem into Steem Power. It's called "Powering Up". Look at it, as if you are depositing money into a savings account. You put it there and it increases the amount of your upvote. So the more Steem Power, the more your upvote is worth and in consequence, the more followers you will gain, as they will be eager for your upvote on their posts.
Your Steem Power also brings in intrest as it is Vested, today the inflation-rate is +/- 9 %. So your Steem Power gives you an intrest too. Not bad hey. Don't worry too much about the inflation rate, it is designed to drop gradually, and in 20 years will stay at 1 % forever.
(Source: etsy.com)
Conclusion: Be active on the platform by posting, upvoting and commenting to gain followers and by doing so, gaining more Steem Power, because if you want to earn, you have to Power Up!
In Part 2 I will talk about boosting your upvotes by using bots, self-voting, upvoting and curation...
Sincerely,
