Hello, dear stemians.
This is the second part of the tutorial to help new Steemit users understand a bit about how the platform works.
Taringa.net
Understanding Steemit:
I already told you about Steem Dollar and Steem Power, then I detail them a little more:
Steem Dollar (SBD):
It refers to a store of stable value (with respect to the real world), where each Steem Dollar (SBD) has a value of $ 1.00 USD. As of today, 1.00 SBD has a value of $ 1.72 USD. Check your current value https://coinmarketcap.com/currencies/steem-dollars/.
The Steem Dollar is an asset which is intended to have the same value as one (1) US dollar (USD $). It can be bought and sold in the cryptocurrency market as well as the Steem. On the Steemit platform itself there is an integrated exchange value allowing the exchange of Steem dollars to Steem. This process usually lasts a week.
The steem dollars generate an annual interest of 10% as long as they stay on the Steemit platform, but if the Steem Dollars increase in value exceeding the dollar the interest can be stopped. Conversely, if the Steem Dollars decrease their value, this being lower than one (1) US dollar and the amount thereof is not very high, then interest will increase.
If a user of the platform chooses to convert the Steem Dollars to Steem, there will be three things that can be done with the steem:
Sell it
Use it as a cryptocurrency
Convert it to Steem Power.
Steem Power (SP):
It's the way you can vote in the posts, the more SteemPower you have, the more you'll be rewarded
for the creation of new Steem coins. We can even buy Steem with Bitcoin in the menu located in the upper right corner.
The Steem Power represents the influence that a user has on the social network compared to the rest of the users of the community and is measured in the Steem cryptocurrency. Steem Power can not be bought or sold, but can be transformed into Steem cryptocurrencies in a process that lasts 104 weeks. This method is known as Powering down.
Each time you create a new user, the platform gives you a small amount of Steem Power. The Steem Power you spend as you vote for content and comments within the platform, but you can always get more Steem Power through a process called Powering Up where the Steem is transformed into Steem Power.
The more you have more Steem Power, the greater the impact of each of your votes. If the content is voted by someone with a considerable amount of Steem Power, then the post will be rewarded with Steem, Steem Power or Steem Dollars.
The Steem Power has a maturity fund of 2 years, which in order to convert it back into Steem you need to have 104 payments for your items. That is why it is necessary to quickly convert your Steem Power in Steem through the publication of articles to try to get the most votes quickly.
How to make money with Steemit:
For example, you have just generated content in your Steemit account and your post or entry has reached an estimated value of $ 500.00 USD then 100% of that amount will be paid as follows:
75%, ie $ 375.00 USD will be paid to you as the author of the content of the entry.
25%, that is $ 125.00 USD is paid to the curators, that is, to the users who have voted for your ticket.
Of your 50% generated, half, ie 25% ($ 187.50 USD) is generated in Steem Dollars that are interchangeable for dollars through exchanges such as Ploniex, Cryptopia, etc. and the other 25% ($ 187.50 USD) You are paid with Steem Power. The more Steem Power you influence, the more weight each of your votes has made in other posts and the more money you earn for filtering quality content for the community by making early votes.
The faster you vote and comment on content that becomes Trending, the more dollars you earn. If you have been a user who has been able to select quality content for the community when it is just published, Steemit will reward you for having helped to position this publication.
Payments are made approximately 7 days after the publication or comment was created.
Publishing content in Steemit:
To make your first publication you must click on the option Submit a Story. Then you must choose a title, create the content you want to publish, choose 5 tags or labels and publish it.
Next I will guide you so that you learn to obtain your first payment of Steem in just a few hours:
Step 1: You must take care to write articles rich in content, an article with little text in Steemit has little value, and above all your profit goes to Steem Power and as we do not want Steem Power, what we need is to earn Steem Dollars and Steem to see the fruit of our work.
Step 2: Find items that have a profit of hundreds or thousands of dollars and comment on them. Create comments that add value to the article in question, so that the author of the article is interested in your comment and you upvote so that in this way you earn Steem Dollars.
Step 3: The more articles you generate, you will get more votes, which will result in a greater opportunity for quick profits. When you write a new article, try to get faster votes by promoting your new content on the Steem Chat channels where people usually share their votes as an exchange.
Step 4: Each article that you write in Steemit must have several tags or labels, which will be the channels where the community can locate your fresh content. The first label will be the main category where your publication will appear. Therefore, I recommend that you choose the label to use very well. Always use the tags located in Tags and Topics in the right panel, since they are the ones that are being used the most by the community. It does not make sense that you create a new label that nobody is using since nobody will read your publication. I recommend you always use the five labels that Steemit allows you to put on each of your articles so that your content has a greater traffic on the part of the users of the community.
I wait they have liked my publication! Kisses...