How much do a Malaysian need to make a living out of SBD?
I never cash out the author reward into fiat since the day I started writing here. The most I did with the reward was just trading STEEM/SBD, or buy some Cardano with the hot SBD which obviously turned out to be a great buy-in surging from $0.13 to $0.4 as of now. This makes me never realize how profitable for Steemit writer given the recent SBD frenzy and rise of STEEM price.
I'm a Malaysian where the national average salary is about RM4279 (about US$987) per month. How much should I make in the author reward if I wish to make a living out of SBD?
Let's do the math
Assumptions:
- There are 30 days in a month
- Make one post every day
- Rewards payout in (50%/50%)
In order to make $987 (about RM4279), I will have to make 987/30 = $32.9
per day.
![](https://steemitimages.com/DQmSkAypBtN5zPGESyLBXHuL2aiPDt683SxQkbDyDKxJ3Qi/image.png)
One SBD equals to $11.35 at the moment, I will need to make 3 SBD if I author a post every day.
According to the formula,
Author reward in SBD = (Total post payout * 0.75)/2
We know that we are going to make 3 SBD hence the formula to find out Total post payout
will be
Total post payout = (3*2)/0.75
And the answer is $8 that we are going to score a post.
Thoughts
With some consistency, one can easily hit that $8 average payout. You can pull that number drastically up to at least $20 by being a quality contributor for @utopian-io. Not to mention that you can combine tricks like buying or selling votes, renting SP, or making use of quality service like @qurator to score consistent upvotes.
This is quite mind-blowing considering all one has to do is to make an average $8 payout to match our national average income at RM4279. In fact, most of my fellow Malaysians are not even making that much in their current job (under 30 years old).
Keep writing and the surprise will be waiting for you ahead.
我从没把 Steemit 上赚到的钱提现,在最近 Steem 发力和 SBD 疯狂发力之下,想算一算到底需要多少 SBD 才抵得上马来西亚的人均收入。
算法
前提:一个月里有三十天,每天发一篇文,用 50/50 作为奖励方式。
马来西亚的平均月收入大约为美金 $987,意味着我每天必须赚取987 (近 RM4279),意味着我每天必须赚取 987/30 = $32.9
。
一个 SBD 目前价格为 $11.35,那就是每一篇文都必须有 3 SBD 的分成。 参考以下的公式,
Author reward in SBD = (Total post payout * 0.75)/2
把 3 代入 Author reward in SBD
,算得 Total post payout 的公式成了
Total post payout = (3*2)/0.75
答案就是 $8。
感想
平均每篇文 $8 真心不高,如果利用 @utopian-io 更可以大大提高到起码 $20。更不用说那些买卖赞和租借 SP 的小伎俩。还有利用 Qurator 高素质服务也可收取一定的点赞。
事实上,身边的同龄朋友们(30岁以下)多数都没有达到所谓的平均月收入,这就让演算结果更让人震惊了。我所 follow 的写手中有好多每篇收入都是 30 以上,这样的收入目前而言想必在许多国家都很吃得开了。
嚴重懷疑有這麼高 (畫錯重點 XD
讲真的,我也很怀疑,但是数据报道是这样就没办法咯。
Can I pretty pretty please take that Steemit Kakashi and save it and use it forever because that is frikin awesome. ???
I can't wait for Steemit to start giving back to me enough for me to make a living on here. Just the past day it has nearly done that, but considering the stupid high prices of everything where I live (a stupidly touristy part of Canada, in which we are an anomoly becuase we live in the woods), I might need a little more then you. I think that along with artwork and other things I can use Steemit to help me reach my goals though!
I cant wait to take some money out and prove it to my friends and family that i am not just wasting my time on here!
Yeah all you need is some dedication to be successful here. Writing itself is a great habit to form even without any reward. But I guess all of us would perfer the cash would arrive in a packge too! Let's work our way to the goal together!
The footer is reserved privately or you can purcahse the right to use it with 5 Steem. Sorry about that.
Thanks for showing us the calculation bro
No problem buddy.
Your post clearly explains the baseline activities that need to be done to have a reasonable level of success in Steemit. Good use of numerical data and perspective. Thank you!
I was just trying to see things from different a perspective and it turned out to be quite interesting. Thanks!
Hey @fr3eze, thanks for the information. It is indeed beneficial to all of us Malaysian. :)
Fact like this is always quite fun to know. Let's hope the high price of SBD could maintain for a while more.
Yeah, I hope so too! Meanwhile, write more post.
Keep Maintain this up vote each other ! Malaysia Financial quite Cham SIAL !
We need this
Thanks for information and breakdowns 😊, gonna resteem it and share to my friends
You are welcome bro, glad that I helped!
Mind-blown is absolutely right! Still trying to wrap my head around this!
Thanks for the breakdown! It really shows the power of SteemIt and community! I bet there are a whole lot more Malaysians excited at the thought:)
I know I am :D
Glad that you like it! Seems like you are just about to start your journey here, keep creating interesting stuff and soon you can realize that power.
Thanks for the advice and tips! I look forward to seeing more of your content :D
Very informative!
Thank you very much!
It's definitely crazy. I cashed out a fresh grad's pay in just a matter of days (when SBD was higher).
Fresh grad's pay at today standard should be around RM3k? That's a handsome payout you got there!
Yea. Slightly lower in Melaka.
Great info. Resteeming this!
Appreciate that very much!