RE: 5 New User Questions I'm Too Embarrassed to Ask, but Asking Anyways
answer #1
comment other other posts and make friends here. That will get you a following faster than anything. Also just keep posting consistently and quality.
answer #2
it is an estimated USD reward and will change as the value of steem changes and the pool of steem is re allocated to most valuable posts and comments
answer #3
It is decreasing because it is an estimation of the portion of the pool you will get from the upvotes on your post. It's quite complicated actually. For now just assume it will decrease roughly 30% from the highest number you see.
answer #4
Rewards are given 7 days after your post/comment and are split between SBD and steem power. If you are looking to make money here it is more wise to take everything you get and convert to steem power so your votes are worth more. Plus I believe the value of steem will increase and once you have a lot of steem power you can take some out a little at a time over time to have a steady income while maintaining a good chunk of steem power
answer #5
voting up anything helps you and helps others. You only can vote up so many times though because your voting power will not replenish fast enough after 10 votes a day while your steem power is low eventually you'll run your power dry and it will be worth nothing. So if you can pick your top 10 to vote per day and you will be fine. Once you have enough steem power you can adjust how much your vote is worth essentially giving yourself the ability to vote more by decreasing the percentage of power 1 vote takes.
Any other questions?
Thank you so much! So, when and how do I convert to steem power? If you don't mind me asking....
Following you!
go to your wallet, once you have rewards it will be at the top in green with a button to "Claim Rewards". Once you have claimed them, some will be steem power already. To convert to steempower you need to "power up" steem. You can do that by clicking the down arrow next to your steem and selecting power up. If you have steem dollars (SBD) you want to convert to steem (and then power up) you can trade on the market here or convert to steem which takes 3.5 days. I'm glad to help, thank you for following and good luck! If you have any more questions feel free to ask by commenting on my posts or here.
Great info. Thank you!
https://steemit.com/steemit/@shenanigator/the-ultimate-guide-to-steemit-money
this article covers everything
Thank you for sharing this! I'll read over it in a bit.
Tried to follow your instructions....nothing in my Steem, but I do have a little (seriously, it's a little. like-barely nothing a little lol) in my steem dollars. Do I need to move them somewhere?