How To Make Your Investment in STEEM Work?
STEEM is an attractive cryptocurrency for long-term investment. And there are three reasons for this.
1. Bullish divergence .
Thus, the first potential source of profit is an increase in the price of STEEM.
2. Stacking.
STEEM is a cryptocurrency with its own blockchain, linked to the social media platform Steemit.
> Steemit is a blockchain-based blogging and social media website. Users can gain a cryptocurrency, STEEM, for publishing and curating content.
By creating a Steemit account, you immediately get a secure wallet on this platform. You need to transfer your money to this wallet and make a Power Up. After that, your STEEM becomes STEEM POWER.
WARNING! STEEM POWER can be transferred back to STEEM at your discretion at any time. This will happen in 1 month in four tranches.
As you have transferred STEEM into STEEM POWER, the rule applies to you:
> STEEM POWER increases at an APR of approximately 3.10%, subject to blockchain variance.
So, this is the second source of profit.
3. Profit from content curation.
Don’t panic! You don’t need to do anything ๐
At Steemit, you can make a profit from content curation. To do this, you need to connect your account to the Curation Trail. Such a trailer can be found, for example, in the WORLD OF XPILAR community on Steemit. This is the biggest trailer, but there are others.
A specific example. My investment is 16983.06 STEEM. During the last 7 days, for content curation, they brought in a profit of 46.38 STEEM, or 0.273% per week. A simple calculation shows that for automatic content curation you will receive about 15% of the profit per year.
An added bonus is that when you receive STEEM for content curation, you receive the same amount of TRON at the same time.
Conclusion
Yes, it’s a little trickier than just buying and waiting for a price increase to sell. But the one who has the knowledge makes a profit. All of the above can be done in one hour. The next few years your money will make you money ๐
