5 Things You Can Do With Your Steemit Earnings
HELLO Steemains !
Everyone one can earn to much money Steemit and every user spend in the way he want. That's way i wrote this article to introduce some the ways where you can spend your Money earned from Steemit.
Types of Steemit Rewards and How to Get Them?
before starting the article let's introduce the Crypto that we claim from Steemit. Well Steemit based on 3 Currencies Steem, Steem Dollars and Steem Power.
Steem: You do not get Steem as a direct reward. But you can transform your Steem into your Steem Dollars.
Steem Dollars: You get Steem Dollars when someone upvotes your posts or comments. and the payment will be in 7 days.
Steem Power: I call it Curation Rewards, you can get this reward when you upvote posts or you claim it when someone upvote your articles.
Let's Start with our Top 5 Things You Can Do With Your Steemit Earnings :
1- Spending your money to get upvotes from bots.
This is the most popular way to use your rewards it a good investement it will boost your reputation level and put your articles on trending posts to be able to get more upvotes.
2- Save SBD or Steem and Hold for Future
For a long term investement i think this is a good way to spend your rewards. All analyses show us that Steem and SBD will grw up in the coming months so when you save them will get your money with a big profit. I saw many Steemains use this method and it's a smart one.
3- Buy Steem and Power Up Your Steem Power.
So, Powe Up your account to get a big Voting Power. Many Steemains with big Steem Power we call them Whales used this trick before for a long periode and now they become Whales on Steemit so when you upvotes you post or somebody's post. Boom ! you will nice sum than you can Power down and get back your Steem or Steem Dollars.
4- Send SBD/Steem to Crypto Exchanges and start tarding.
Well for some trader they prefer to transfert their Steem and Steem Dollars to Cryptocurrencies Exchanges to start trading. They got the money without desposting any money on Steemit so they prefer to start trading with these Cryptocurrencies instead of buy with their own money. I used this method before but it didn't work ! I am bad trader hahaha !!
5- Transfer your Cryptocurrencies into real Money.
This is the most common method on Steemit Most of people transfer their Rewards into real money it's good to claim some real money by blogging i really love this.
Conclusion :
Well, there is many ways to spend your earning on Steemit. You can use many other ways that other Steemains use but these are the most common one.There's so much that can be done with Steemit earnings and you are free to chose.
After reading this post i hope you enjoy it and i will be happy if you give me some support this really can give me motivation to keep posting articles. Thanks @damss !