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RE: The 10k Minnows project

in #steem7 years ago

Yes and no. Obviously the mindset / mentality / whatever you want to call it plays a role in whether you think it is wroth investing in or not, but sometimes you don't have a choice to invest or not. I've had posts that have done reasonably before and one that did really well in the time that steem was right up, but I couldn't invest it because we were already in the situation due to other life circumstances that we probably at the time couldn't have afforded the bills we had, an appointment I needed but had held off because I didn't have the money, as well as food. A health issue I did get sorted out only got sorted out because I could afford that appointment from what I made from that post. Treating that was more important than investing by far. And I agree with investing and intend to have a diversified portfolio of investments eventually, but at that time we needed the money and no mindset would have changed that fact.

I'm glad stuff is going good for you at the moment and that you are growing on here, and I agree that user interaction is important, but not everyone can invest and sometimes even if they can, but they don't have heaps of cash to throw around, a certain particular investment still might not be the best thing for them to do with their money. Investing in Steem might be the right thing for someone, but it also might not and that's a situational thing, not a mentality thing.

As for goals / mindset etc they do contribute to success but it's not the be all and end all. Some people need to do stuff differently and instead of goals make systems or strategies or a way to track how much they do. Some people work harder than others to achieve the same amount. Some people find it easier. Some people use goals but they use the goals to guide strategies that actually work for them where goals don't.

But either way, it's great that stuff is working for you, but a change of mentality doesn't magically give you money you can invest. I'm not talking about people wasting money and choosing not to invest, but people not having the money to invest. The former group can benefit from a change in mentality but the latter can't decide to invest money that they don't have.

I love certain aspects of Steem as a platform but if investment is key to growth, rather than just a way to fast track it, that's really really sad as it favours people who are already better off. I really hope that isn't the case (though it ofc helps, but we are questioning if it is a key factor in success) and people can find success on here without investing anything. While investing when you have money is a smart thing to do, on a platform like this content should trump already having money.

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We get to hear that quality posts get rewarded more on Steem but this has rarely been the case. I would tell you that posts are rewarded more based on investment levels (bots, other services like SBI etc and SP). You can check out the trending page too.

if investment is key to growth, rather than just a way to fast track it, that's really really sad as it favours people who are already better off.

I would think of "key to growth" and "fast track it" as the same thing as no one will enjoy earning 10SP in 5 months (which is still "growth").

I am not saying everyone must or should invest their money in Steem, it is clearly a choice and you have to choose what suits or favors you or your situation but I do not think anyone here should expect a reasonable growth without investing time and money. It is like saying you want to go to heaven without dying like a Christian would say.

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It's not the same though. Fast tracking it is getting to the same point quicker, meaning the person who fast tracked it got there faster but the other person who didn't fast track it still got there. Key to growth suggests that it isn't possible for the person to get there as they won't grow that big. There's also a difference between fast growth and reasonable growth as one implies the time it takes and the other implies the amount of growth. I'm hoping the concept of it being impossible to grow the same amount, albeit slower, without investment is wrong.

I know things do tend to get rewarded more based on investment levels and that is shit and is really sad and is a massive con of this platform (just like how YouTube or any other platforms have pros and cons) but I'm saying it shouldn't be the case, and I'm questioning the possibility of growth despite the fact that imbeciles upvote based on investment levels rather than quality. I'm yet to get a steady income from Steem but I have had some posts as a very small creator that did really well so I'm thinking it probably is possibly but is just a steeper uphill battle. Still less of a steep uphill battle than growing on YouTube is at least...

Would you say it is impossible as someone who hasn't invested to grow to the same size as someone who has or do you just think it will be a lot slower?

Would you say it is impossible as someone who hasn't invested to grow to the same size as someone who has or do you just think it will be a lot slower?

On a general note, it will be a lot slower but there are rare cases of course.

Networking can be the only difference in this case. I know a few who have invested a lot but do not interact and network with others and as such they mostly upvote every post and comment on theirs maybe to have some ROI.

So, someone who does not invest but spend time networking and collecting free votes and winning giveaways on Steem, Discord, Twitter, WhatsApp etc may be bound to grow more than someone who has invested but does not create a network with others. This is still investing time rather than money, I think.

So, I would say it cannot be possible if one doesn't invest time at least.

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Oh I expect it to be slower. I'm glad to hear that clarification, because I'm much more concerned by the concept of it not being possible to grow without being in the position of being able to invest money vs investment leading to faster growth. Glad to hear that you think it can be done. Thanks for your reply.

I would also agree with the part in your original comment about mentality regarding what you are doing on Steem mattering (not so much goals because goals are very very much just the beginning for some people and for them goals alone WONT WORK without other strategies in play), however I also acknowledge that the mentality or views someone holds towards something and their goals in regards to that something aren't the only driver of behaviour (in the case of investing, actually having money to invest is another driver but that applies to a lot of things) and that's okay and is something we should all remember when dealing with other people.

Good luck with your future growth on Steem :)

Thanks and good luck to you as well. Interesting convo all along! 😎

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