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RE: How to REALLY make money on Steemit!

in #steemit7 years ago

Excellent roundup! I think people really need to sit down and realize what realistic expectations are as well.
It occurred to me the other day that since Steem is inflating at just 9.5% per year, then anything over this means that you're "outperforming the market" in a sense.
It may be a shock to realize that Steemit is not capable of making everyone rich. If your Steem balance is 10% higher at the end of the year then you're doing fine. If you're a minnow, new to the platform and have 20 Steem... prepare yourself for the possibility that 12 months from now you'll have 22 Steem. It's just that simple. If after 1 year you're successful enough to have turned your 20 Steem into 100 Steem, then there are 78 other people who only moved from 20 to 21 Steem. Supply is finite!
Especially as Steemit grows it will become just like the rest of the internet. Some people leverage their Instagram, Twitter, Facebook & personal blog to make millions of dollars. The vast majority make nothing.
Steem is building an amazing system to achieve success within, but it certainly doesn't provide it directly or guarantee it.