Bluffer's Guide to STEEM - Getting Started, Networking and Growing Your Account

in steem •  6 months ago 

BGTS  Bluffer's Guide to STEEM  Getting Started, Networking and Growing Your Account.jpg

Simplifying STEEM

Perhaps you just joined this pretty cool platform and you're wondering how you can begin to get your head around this place? I know, I was in the same situation in March 2018 when I joined! Maybe you've been around for a long time and still don't know how to get going? I know, I'm forever learning in this vast ocean of STEEM!

This is where the Bluffer's Guide comes in as it is written in plain English (that's pure UK "Queen's" English by the way where I use "u" where other variants of the language don't and "s" instead of "z" because it's the decent thing to do 😛) and tries to keep things entertaining as well as educational so it won't bore you to tears... hopefully! 😆

So what I want to go through today are some things I've found that have helped me to grow my STEEM account that fit in to the current community guidelines of the platform known as HF22 (Hard Fork 22). Please bear in mind that to get the most out of this place, be patient, be friendly and most of all HAVE FUN!

Speaking of fun, it's time for the fun legal disclaimer thingy...


Before I begin, I want to emphasise that this is a highly simplified version of what I have learnt from my own research and I'm sharing my learning with you. If you do know this topic inside out, be nice to those who are still learning about this (myself included) and we can grow together.

Furthermore, this is not financial advice and I am not a financial advisor. I am a crypto/STEEM enthusiast and wanted to create a guide to help total beginners understand what this is all about. Please seek financial advice from a qualified professional if you have any doubt about how to spend your money.

So with that said, brace yourselves, you might learn something! Shall we begin?


Getting Started 💡

When you first join the STEEM network and start posting you're likely to stumble across an error message referring to something known as "Resource Credits". Particularly if you made a post and started writing a couple of comments in a short space of time like a couple of hours. So what are these mysterious Resource Credits and why are they significant?

Resource Credits (RC)

These were introduced to STEEM at the beginning of 2019 as a way to prevent new accounts spamming millions of posts/comments a day, clogging up the network. I think we can all agree, that's not a good look on any platform and this is STEEM's way of combating it.

Every account on STEEM has a certain amount of RC depending on how much STEEM Power your account has. To remind yourself of what STEEM Power is, please check the previous Bluffer's Guide post which goes in to more detail about it. Basically, the more STEEM Power you have, the more RC you have, which means you're able to do more things on the STEEM blockchain (post, comments, resteem etc).

When you make a post, comment or interact on the STEEM network, it uses up a percentage your available RC, depending on how often and how in depth your posts/comments are. If you use up all your RC, you won't be able to use STEEM, which is where that error message comes in to play and is also VERY sad - especially when you have a brand new account, you don't have that much RC to play with 🙁 The good news is, your RC regenerates like a rechargeable battery at a rate of 20% per day 😃

So if you created your account via Steemit, you'll probably have around 15SP to begin with which is enough for a post and about 5 comments. Not so good if you want to comment, distribute rewards or post more than that but realistically, you only need to have 50SP for casual use and 100SP will be more than enough if you just want to use the platform without any risk of these RC error messages.

Why Do We Need "Resource Credits"?

As I mentioned already, they are a good way to prevent unnecessary amounts of spam coming in from new accounts - this used to be a big issue before RC came in. Another reason is that they help to "indirectly" pay for each account to use the platform. If you want to and are able to write 300 comments a day then you're going to have to increase your SP (and that's quite some activity)! In a way, they are a bit like "bandwidth" (think of broadband internet) where you only have a certain allowance to "do stuff".

Remember that STEEM isn't like the conventional social networks (FB, Twitter, YouTube etc) where there's no direct financial consequence by tapping the "like" or "dislike" buttons. Therefore you will need a slightly different mindset as your votes distribute rewards around on created content. So really, STEEM is a "Content Rewards" platform but some call it a "Blockchain Based Social Media". Bear this in mind as you start your journey, network and grow your account, speaking of which...

Don't worry buddy, I got you!

Growing Your Account

Introduce Yourself

A quintessential part to your journey on STEEM is to do an "introduce yourself" post. It's kind of self-explanatory and you can only do this once per account but a great way to tell the STEEM universe what your profile is all about - make sure you use the #introduceyourself as the first tag and any other relevant tags to what you're posting so any one who's searching for similar topics can find you!

Networking

If you're hoping to grow your account just by posting and not interacting with any other profiles then it's likely you're going to be put off very quickly as no-one will find you. That's really no different than having a LinkedIn, Facebook, YouTube, Twitter, ANY other social media account. You need to go out there and meet people with similar interests if you want to make new friends and have some interaction on your posts.

Don't be disheartened because there's a plethora of communities here to get involved with and with changes coming in 2020, there'll be even easier ways to find them but that's a topic for a different time. Currently, the best way of finding similar interest communities are to either use the search feature on steemit, steempeak or whichever website you're using or browsing tags.

A lot of, if not all, communities currently hang out on a chat forum known as "Discord" with invitation links on the main community STEEM profile but here are a few that I'm aware of or have been part of in the past that may point you in the right direction:

Music & Musicians

Image Source

@atomcollector - Dedicated group of independent musicians and crypto enthusiasts who are very knowledgeable, helpful and supportive. Join their Discord here.

Image Source

@dsound - STEEM's version of Soundcloud where musicians can upload their music to the DSound website and listeners can tune in and comment although activity seems to have dropped over the last couple of months on STEEM so not sure if they're still developing. Either way, join their Discord here

Image Source

@creativecoin - A community not just for musicians but also any of the creative arts - poetry, photography, painting are just some of the things they cover but more info on their intro post. Join their Discord here!

Image Source

@sonicgroove - Made by the same folks who set-up Creative Coin, this is more like the "Musician Wing" of it. There's open mic contests for singers and live performers to get involved with. Their Discord, I think, is the same as Creative Coin above but I'm not 100% sure as I don't have a link but if you join Creative Coin, you'll end up in the right place!

Travel

@travelfeed - Travel Feed is the only real choice I have to offer here as these guys are supportive, innovating and looking to make finding AND creating travel posts as easy as possible on their website. Join their Discord here.

Image Source

Cryptocurrency/Investment

Image Source

@steem.leo - Again, I don't really know any other community on STEEM that has a dedicated investing/cryptocurrency interest other than STEEM Leo but there's plenty of interesting topics to read through on their website and you can join their Discord here.

General Topics

Image Source

@steemitbloggers - One community I was involved with in the past was this one. If you like general blogging about all kinds of topics then Steemit Bloggers (now Power House Creatives) could be an option. There are some talented creatives in there who can help get you started, all lead by @jaynie. The guidelines for their membership are detailed in their intro post here but you can join their Discord here.

Image Source

@c-squared / @c-cubed - One of the communities aimed at supporting "good quality" or "high effort" posts on a variety of topics with a team of curators who seek out content. If you have made content that has gone above and beyond then you might get tapped up by c-cubed, which is another layer of discovery. Join the c-squared Discord here and c-cubed Discord here.


Image Source

@curie - The gold standard of quality content is this community here. If you pick up a curie upvote, it means that your post is exceptional and you'll basically feel like you've hit the jackpot! They share posts they find on their website and you can join their Discord here.

Bluffer's Notes on Networking, Discord & Communities

Don't do what I did which was join every Discord community in sight! It will burn you out, particularly if you aren't on STEEM all the time, have other projects going on or even just have 3D world responsibilities (yes, there's a life off the internet)! Hopefully this list gives you a good start point but as I said, there are MANY more out there that would create a never ending blog so you will have to do a bit of searching yourself!

Creating Content

Well, now that you have (hopefully) found the community you've been looking for, it's time to write some content that that community will find relevant or interesting. So... write away! The best way of getting better at something is practice and get feedback so you can develop, improve and come back again. Once you've made a post, there's a 7 day window for the community to distribute rewards to it (via upvoting or downvoting) before the rewards for that post is paid out.

Be aware that there are no guarantees on post payout. You could spend hours writing and creating your content but that doesn't always mean it will earn a lot of rewards. Having said that, since around August 2019 when changes were made to the way STEEM works, a lot more emphasis has been put on manual curating so you do have a better chance than if you joined at the beginning of the year.

This is why I put networking first so that you can find like minded people rather than post to an empty audience when you first start out.

Hey, I got this man, I got this 😉

Curating Content

Maybe you aren't a prolific poster and love reading content instead or hunting for those well made posts that no-one else has found yet, giving them an upvote and comment. This is called curation but I'll go in to more detail in another blog about this. C-squared and Curie do look and (as far as I know) pay for people who curate content that gets featured in their showcases but don't quote me on that exactly. Worth asking if it's something you're interested in.

After 7 days, half of the post payout is split and goes back to curators (voters) as "curation rewards" which means that you get back a little bit for your efforts. Of course, with a small account and 15-100SP, your curation rewards aren't going to be great but as you build your account over time, that will be a bit more significant. You certainly don't get curation rewards on Facebook, Twitter, Youtube etc.!

Leasing

This was something I came across over the last couple of months and it's a little more advanced so if you're just getting started, you may want to skip this section. However, it's worth mentioning leasing as, if you know what you're doing, it can be a good way to grow your account.

Leasing is where you can either ask for people to loan you some SP for a period of time, for a certain amount of STEEM, or you can loan your SP out to someone for a period of time, for a certain amount of STEEM. @dlease has set up a platform where it's possible to do this on a pretty easy to use interface over on their website.

Image Source

Requesting a Lease

Let's say you wanted to borrow 100SP for 4 weeks and you're willing to give someone an Return Of Investment of 15% (ROI is calculated/based on a 12 month period).

This means you'd pay someone 0.377 STEEM per week for 4 weeks (totalling 1.508 STEEM) in exchange for them lending you 100SP. You can then use your temporarily bigger account to get curation rewards over the 4 week period, which could give you more back than you paid (for example 2 STEEM), so, growing your account.

image.png
Requesting SP on Dlease

Bear in mind, I've just used "easy" numbers for illustrative purposes here - you'll have to do a bit of studying yourself if this is something that is of interest and making it profitable. I'd definitely recommend reaching out to dlease in their Discord server here. I've not requested a lease before but I have delegated using the website which I've found to be pretty fruitful.

Delegating to a Lease

This is where you are the one getting paid for loaning your SP out to others on the dlease marketplace. In our example, if you leased out 100SP, you'd be the one getting the 1.508 STEEM back on top of your 100SP delegation at the end of the 4 week period but in daily payments. Here's a screenshot of the current market (7th December 2019).

image.png
Delegating SP to a lease on dlease market

And that's how leasing works - it's up to you to decide what to do with your SP here.

Delegating to Curation Guilds

You can also grow your account AND support content creators by delegating your SP to "curation guilds". One such guild I've delegated to in the past is @ocd who give out a percentage of their curation rewards back to those who have delegated to them. Their website has more information on what they are about but you'll get daily payments (like with dlease) which is automatically calculated. I'm not sure if there are other curation guilds that do this but again, at least you know what it means (I hope)!

Image Source

Buying STEEM

Of course, the quickest way to grow your STEEM account is to actually just buy it from exchanges if you have spare money (fiat or other crypto) that you don't mind spending. I'm not going to go in to the ins and outs of exchanges as I've covered that in chapter 3 of the Bluffer's Guide here but if there's enough demand, I could do a walk through video of how STEEM can be bought via exchanges. As per disclaimer - this is not financial advice and I am not a financial advisor. Please seek financial advice from a qualified professional if you have any doubt about how to spend your money.

Your Top 3 Contest

Ah yes, the final piece I want to talk about today is contests! They provide a great incentive for interaction and some prizes are pretty decent out there but I'm going to have to talk about a contest/community I run with @cheese4ead, @plantstoplanks and @foxyspirit called @yourtop3...sorry... shameless self-promo haha!

3d mockup.jpg

We've given out over $130 in STEEM prizes since we began in April 2019 (thanks to sponsorship from curie and @appreciator) just by posting and chatting with the community in our Discord server about what our top 3 things are for a specific topic each month.

There's a real fun feel about it too because everyone who enters comments on other people's posts so you have the networking effect we talked about earlier, which, we hope will be a great way to welcome new people to the STEEM platform and grow their account.

Now THAT is worth celebrating. Cheers 🍻

Cat Image Source

Concluding Thoughts

Ok, we've covered a LOT of ways to grow your account with STEEM but I think there are a couple of themes that need to be remembered as you embark on your journey. The first is to not consider it like any other social media site. It's different, there's a lot happening and you're going to have to have a slightly different mindset on STEEM, which is why I make these Bluffer's Guides.

But most importantly, what I said at the beginning of this post (around 10 years ago now), the key word is fun.

If it isn't fun then why do it? It's very important to make sure you're having fun with STEEM - find your place of belonging with the communities, get to know people, network, post and growing your account becomes a natural process.

Life's too short otherwise hey?

As an aside, I don't work for Steem, I'm just a guy who makes Drum & Bass music, writes travel blogs and these Bluffer's Guides from time to time, trying to make STEEM as prosperous as it can be for every one so we can all win.

Now, back to the music studio 😉

Nicky

Source

All memes made by me at https://imgflip.com/memegenerator, gifs and images credited where appropriate

For those what wanted to see the body of work behind the Bluffer's Guide, these are most of the posts I did (some of the platforms I reviewed in Chapter 7 have since collapsed, under delivered or lost their way). Enjoy 😃

Contents

  1. Welcome

  2. The history and technology of Bitcoin
    2.1 How and why did Bitcoin come in to existence?
    2.2 How does Bitcoin & blockchain actually work (Part 1)?
    2.3 How does Bitcoin & Blockchain actually work (Part 2)?

  3. Buying Bitcoin
    3.1 Being secure with cryptocurrency & wallets
    3.2 How to Buy Bitcoin & How Exchanges Work

  4. Definitions of common phrases

  5. Portfolio Management

  6. Cryptocurrency News Outlets & Fluctuations in Price

  7. Blockchain Platforms for Musicians & Music Fans

  8. STEEM
    8.1 The Rewards Pool, Upvotes & Downvotes
    8.2 STEEM, SBD, STU, VP, SBD...WTF?
    8.3 Getting Started, Networking and Growing Your Account (you are here)

  9. Concluding Thoughts (never getting here)

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

@nickyhavey

There is so much to absorb in this post and one of the things that, for me, was a lifesaver on Steemit was being invited to join communities, and specifically the #powerhousecreatives formerly known as @steemitbloggers founded and led by @jaynie. Although there are rules which, I gather have been revised, it is a great springboard and a good space in which to meet people and learn the ropes.

Also, #steemterminal - but that wasn't up and running when I started on steemit. It seems that @brittandjosie and her team on the @heyhaveyamet account do really great stuff onboarding folk - as you note. Another great initiative for building minnows is @pifc run by @thedarkhorse and it is because of their support that I reached minnowhood.

Thanks, as always for the useful pointers. Re-steemed because I want it on my timeline, too, to come back to!

!tip

Thanks a lot Fiona and nice points to add with an additional community I didn't mention in the original post! I'll upvote this comment so it can get to the top as a nice addendum.

Can already see this would have been a never ending blog if I included every community out there haha!

That's very kind @nickyhavey and glad to help.

I think the key thing with communities is that they are different strokes for different folks and that's ok. A guide to communities on Steemit would be a bit like Google Maps - often out of date! lol

Hahaha! Exactly and they come and go so who knows, the list in the original post could be old news in 2020 😁 but at least the principles are there and can be applied to new and emerging communities.

Wow what a detailed guide! I wish I had this when I jump on steem last year. :)

Btw, Yes, Curie curator get the fee for post they find (it's called finder's fee)
But c-squared is pure voluntary, it's a home for every curator/curation activities in steem blockchain. :)

I wish I had it too man haha! But hopefully if new people join and read these guides then they will be able to understand the power of Steem and keep at it!

Thanks for the input on c-squared and curie and clarifying the differences, I'll upvote your comment so it rises to the top and add to the information on this one 🙂

Back soon with a "real" comment once I've processed all the awesomesauceness of this post, but for now -

@tipu curate

Upvoted 👌 (Mana: 0/3 - need recharge?)

Haha thanks a lot for the mini juju @traciyork! Think I need to get some shut eye to brace myself for the awesomesauce real comment coming with some mega juju 😀

You know what? I'm going to spare you a mega dose of juju, since you're probably still too tuckered out from writing that monsterously amazeballs post! In fact, you could probably use a !BEER to keep you from getting too !DERANGED ...lol! Especially because I agree - the key word is, fun - speaking of, here's a little fun bit of good juju for you...

Nicky Havey good juju.gif

I'm still really tuckered, that's for sure! This grew in to a monster! Can't believe it went over 3000 words 😂

And thanks for the fun gif! Probably the most important out of everything I mentioned is that!

deranged You just received DERANGED @nickyhavey Keep up the great work, view all your tokens at steem-engine.com



Hey @nickyhavey, here is a little bit of BEER from @traciyork for you. Enjoy it!

Dlease explained. I'm seeing it often lately and i was wondering how it works, thanks for the explanation.
You put a serious effort here!

Thanks a lot for stopping by @cryptomaniacsgr! Yes it took me a couple of days of playing around with dlease but it is relatively straightforward in the end! Glad you found this one useful and appreciate the feedback too 😁

Hey buddy, it's been a while, just drop by to say hi and do some support!

Hey @joelai! No worries man, life is busy so don't feel pressured in to anything, I'll catch up to your latest blogs soon as well.

Great to hear from you, I hope everything is well in your neck of the woods? 🙂

Nice hearing from you too @nickyhavey! Everythings fine, I see that you are more into your music now, that's so cool!

Glad to hear you're doing fine man! Yes trying to work on the music a little bit more in the new year but just going to enjoy myself with as much as possible! There is lots going on as always haha!

Cool, we shall meet again!!


This post was shared in the Curation Collective Discord community for curators, and upvoted and resteemed by the @c-squared community account.
If you are a community leader and/or contest organizer, please join the Discord and let us know you if you would like to promote the posting of your community or contest.
@c-squared runs a community witness. Please consider using one of your witness votes on us here

Thank you very much for the support on this one c-squared!

I think I'll take you up on the offer of joining now as I am Co-running the yourtop3 contest so will be right along!

🎁 Hi @nickyhavey! You have received 0.1 SBD tip from @fionasfavourites!

Check out @fionasfavourites blog here and follow if you like the content :)

Sending tips with @tipU - how to guide.

Will you be writing about tokens and investments in them too? 😉 that's something I've been looking for 👍 happy week ahead!

Posted using Partiko Android

Thanks for the suggestion! I do have plans to write about (I guess you mean) Steem Engine tokens, SMTs? I'll talk about the principle of them and how they work rather than which tokens to invest in because it is just impossible to cover all of them and it becomes a very slippery slope otherwise!

Thanks for checking out the article, glad you liked it and have a great week of steeming too!

Very nice. This is past payout, so I'll see what you've been up to lately and drop some upvotes... small as they might be.

Thank you for finding this one man! I am trying to get one of these guides done at least once or twice per month to help new users out but I mix it up between music (70%, travel (20%) and beginners guides (10%) 😊