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RE: Steem Investor Guide: How To Make Money With Steem Power

in #steem6 years ago (edited)

I will follow your advise @flauwy upvote articles on Steemit, dMania, DTube, Utopian. Thank you for always sharing very informative advise especially for newbies who need to power up.

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Yes, this post is particularly meant for all the investors who helped bringing the Steem price recently from under a Dollar to over 3. They need to work with the system to make it a great experience for them, for us and for the Steem price. ;)

So the price of steem have negative and positive effect on steem power or delegating power. Am hearing this for the first time.

No wonder if I upvote 2-3 post, my steem power run down faster than before.

No, the price of Steem defines how much your upvote is worth. Your SteemPower never changes with the price and delegated power is also influenced by the price.

When you upvote 3 posts you have burned 6% of your total power (assuming you upvoted each with 100%) which makes your next upvote 6% less worth.

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