Contest!!! What investment On Steemit Means And Ways We Can lnvest Into Steemit

in Steem Ghana3 years ago (edited)
Hello awesome fellow, i am @kemfon and am happy to be here, I trust that we are all doing good. Its a privilege to participate in this educative contest, I can recall when I attended a seminar program sometimes ago and one of the guest speaker popped up with the question what are your investment? Thanks @magcarnie for organizing this contest.

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What investment means to me on steemit

Firstly, investment is an assest or Item purchased with the aim of generating profit or an asset purchased with the goal of being sold at higher cost price for profit.
Actually anyone who engage in any activity such as business related with or sometimes without resource seeks for profit. Therefore what investment means to me on the steemit blockchain is diversified and much more than its definition, has an expectations of incurring profit prior to the time spent and energy input solely on the "proof of brain" philosophy.

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Ways we can invest on steemit

One could invest time and energy to carry out task (more like responsibilities to keep and sustain the chain) knowing that time is precious and time is money.

One could invest intellectual resource this includes commenting, creating social and educative content that can yield huge incentives for the creator, the community and the blockchain.

Emotional investment, looking out for others feelings/performance on steemit ecosystem with the idea of building them up through encouragement and upvote. More like groaminng steemians with etiquettes to take up some vital roles for the benefit of the ecosystem.

Self investment/improvement, example dedicating self to learn new skills and strategies to understand crypto academy seasonal class terminologies to earn better rewarding trading benefit. Promoting steemit on social platforms and within the environment. Investment on steemit could be diverse depending on "HOW" an individual would want to go about it.

Majorly, steemit being a decentralized social platform that rewards users with steem, steem power and steem dollars for creating content, coupled with the #club5050 initiative one can invest by powering up or alternatively buy steem on an exchange like binance, poloniex or bittrex, considered as a long term investment in which the individual waits for a period of time for the price to rise so they can sell their steem coin for profit.
POWERING UP means the conversion of a liquid steem to steem power (SP) or with steem dollars (SBD) steem can be bought or converted and then powered up.

ADDED ADVANTAGE

By powering up, you have more steem power and influencial improvement on the steem network.
By powering up one is liable to earn from self upvote, comment, upvoting others post and curation rewards.
By powering up, it grows a community ability to support their subscribers, active users and also places value on the price of steem.
Similarly, powering down comes with the opposite of this added advantage. Therefore embracing the #club5050 initiative is key to a better investment on the steemit ecosystem for users and community growth.
I deeply appreciate the organizers of this wonderful contest
@nattybongo

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 3 years ago 

Hello dear @kemfon,

Thanks for your contest entry, i believe you have come understand the club5050 initiative better and i your ideas on investment is on point.

I wish you the best of luck in the contest results.

Sure and i really appreciate.. Thanks

 3 years ago 

Points well made, You've truly open my eyes on investment,,Thank you and wish you all the best of luck