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RE: How I Turned $$$ To STEEM: Simple Process
I am a total noob. All else equal -- will you make more $$ on posts if you power up with steem you transfer in?
I am a total noob. All else equal -- will you make more $$ on posts if you power up with steem you transfer in?
Great question!
The amount of Steem you have does not directly impact the amount you make on a post. That is determined by the votes you get.
It DOES impact the amount of value you add to a post when you upvote it. One way to see this in action is to look at new posts in any category. You will see that most have 1 vote (the author) and the values are all over the place. Click through to their account and look at their wallet. The ones with a lot of Steem power will start off with a higher value initially from their own vote. You and me probably start WAY under a dollar when we make a post. 😀
Ohh ok. I had toggled off the upvote for my own post checkbox. I wasnt sure what to do with it. That makes sense.
It is common practice to upvote your own post so you can keep that there. The thing to watch is your voting power but I made a chrome extension that will show you that on Steemit and you can download it here.