Hello Steemians, am very delighted to be a part of this contest, thanks to @xkool24 and @kinkyamiee for such an opportunity. Why am I delighted about this contest? Simply put that I am an enthusiast in matters of finance (money, égo, owo, kudi)…LOL!! On account of my keen interest in matters of finance I joined the steemit platform
I am relatively still a new member in steemit but I believe I have learnt a lot so far and am still learning, because there is a lot to learn in the area of investing in steemit.
SOME WAYS OF INVESTING IN STEEMIT
• Creating and posting original contents: This entails putting in time and hard work into creating and posting original and quality contents free from plagiarism. These posts can be voted by curators and earns you money.
• Curation: Here a curator invests by voting on posts which in turn earns the curator profits. This is another way of investing in steemit.
• Purchasing of Steem: Steem is a cryptocurrency and it’s price tends to fluctuate which is one of the characteristics of digital assets portfolio. When one invests in steemit by purchasing steem at a cheaper rate whenever the price increases the Steem can be sold back at the new rate and profit is earned.
• Steem power up: This is another way of investing in steemit. Purchased Steem can be powered up which is like savings/deposit. After a period of time it can be withdrawn with an interest percentage.
I will like to share some ideas on why investing in steemit is a way to secure your finance and its benefits.
It is true that there are risks to crypto investments, the value can go high up or low down but in steemit the above mentioned investments have a high tendency of bringing in amazing returns with minimal risk factors. No matter how low the rate may go it is still better than bank deposits.
In steemit, your money is yours and yours alone. The security and privacy of your wallet is secured. Access to your money is unlimited unlike other financial institutions like the bank where you could be at the mercy of government, other organizations or people. The financial institution could go bankrupt or even robbed. You do not need to pay unnecessary and exorbitant fees or charges.
This simply means that it is very easy to purchase, sell and convert Steem at any time without having to worry about bank charges or commissions. Steem has created basic user friendly tool for such transactions, to make it easy and flexible to access your earnings.
Steemit is a very simple platform where you need little or nothing to start up/sign up with. Unlike some other financial ventures where u need a statutory fee or a particular sum to start up or invest with. Joining and taking part in its activities is simple. No need to visit any office or sign papers, all you need to do is create an account, sign in and you are good to go.
I hope you find this post useful. Thanks for taking out time to read it. I invite @angela2021 to participate in this contest.