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RE: Milestone Moment - 1000 Followers! To Show my Gratitude... I'm Giving Away 10 SBD (Details Inside)

in #dtube7 years ago

My advice for users on steemit especially new users is to focus on being part of the community as opposed to how to make money. If you can help improve someone's life in a way this then your contribution is worthwhile.

With patience, some investment and discipline you can also can improve your skills on content production and grow your followers and over time will likely be rewarded for this.

Further advice is don't invest into SBD or Steem with money you need for something else. You should try to save a rainy day fund before investing in new technologies such as this, so that you are more secure if you needed money in a hurry in the case of an accident of an unexpected payment you have to make.

Furthermore the price of SBD and Steem is volatile like many crypto currencies so by investing the price can go down. Also on Steemit.com if you increase your voting power by powering up your steem, you can only get the full amount of this back over the next 13 weeks in 13 payments. If you needed the amount of Steem back for example in full in 8 weeks then you shouldn't power up. So be careful about investments and be prepared for a long term view on this technology.