I'm making a $400 passive income out of $2300 investment

in #steem6 years ago (edited)

Disclaimer: This is not a clickbait

Half a year ago when I first boarding the on the Stem blockchain, I did not only dedicated most of my free time creating content on this amazing platform. But I also bought some Steem with around $2300 at the price of $1 by that time. Adding up all the SP and SBD I earned through the last 228 days by almost writing every day, my total SP is now at 3596.024.

This is of course just a negligible amount in the sea of Steem full of dolphins and whales. I used to think about it that way until I decided to look at how much I could earn if delegating all those SP away to some solid platforms like Smartsteem / @smartsteem.

Revenue Calculation

Without much troubles, Smartsteem provided a handy Revenue Calculation feature on their front page.

So I can roughly get a payout of 114 SBD every month with all my SP delegated to the platform. Math time again. Using current rate 1 SBD = $3.5, 114*3.5 = $400.

I could earn 400 USD every month while literally doing nothing at all now.

Let's take it further

Back to my hometown in Melaka, fresh graduates starting pay is averaging about RM2000 per month. Not a really decent wages, but many of them just managed to survive anyhow.

While 400 USD equals to RM1558, I almost earn as much as those freshmen passively!

It is such a complicated mood while feeling sorry for the low pay that my fellow homie is making, easy revenue like this blew my mind away at the same time. Knowing the fact that we can actually cash out Steem or SDB make the whole thing even more real. I could really choose to resign my full-time job in Singapore and become half-retired in my hometown if I wanted.

Of course, I'm not retiring just for a $400 passive income

Nor I will delegate all SP away anytime soon as being totally powerless makes me feels like standing naked on the street. It is truly impressive to know that the initial investment of a $2300 and dedication in content creating could lead me to a pseudo-financial-freedom like this.

OK, I really have to stop thinking about how those whales could really live like a king, before the envious flame burn me down completely, haha!

Use my referral link to sign up Smartsteem if you found this article useful:
https://smartsteem.com?r=fr3eze


经过两百多天的努力和当初一笔价值 2300 美金的投资,我的有效 SP 终于来到 3596.024。这对各为大鱼面前来说简直不值一哂,我很多时候都是这样想的,那何不换个方法让自己开心点?

要是把这份 SP 完全租出去给类似 Smartsteem 的平台,会得到多少收入?答案是每个月约 114 SBD,换算成美金即是 $400。

这是什么概念?

拿我家乡马六甲来说,刚毕业出来的大学生们平均工资应该介于 2000 马币之间(很少,我懂)。而 $400 换成马币就是 RM1558,几乎都快赶上了他们的月收入。要知道,这可是什么都不用做的状态下的被动收入哦。

当然我是不打算完全把 SP 租出去的,那会让我感觉好像赤裸裸站在街上一般难受。但是换个角度一想,当初 $2300 的投资和大半年坚持写作的努力,居然隐约有可能让我回老乡进入半退休状态,还真的是不可思议。

如果你觉得这篇文章对你有帮助,请使用我的链接注册 Smartsteem:https://smartsteem.com?r=fr3eze


Sort:  

I enjoy reading your blog... I am moving from one of your posts to another happily smiling while reading 😉😊

You made my day!😁

You are more than welcomed! You are are really making a great job. And I learn a lot from you !

There's always a moment when we question ourself, "only if I knew it earlier." There would be a lot of difference being made. But, anyway, thanks for the heads-up on smartsteem. I was thinking of delegating some of my SP for upvoting during my away time for traveling.

By the way! Hello, Malaccan!! :D I'm living Malaccan living in Singapore too. Who knows one day might bump into you :)

Hello homie there! @smartsteem is really solid and you could find tons of way to benefit from it. If you are planning to have the service handling your SP temporarily, going to the vote-selling might be the better idea. SP delegation is good for long term as there is 7 day cooldown to get back your SP during undelegation.

Cheers!

Haha hey there! I actually heard of it, but I never really went it because I wasn't really sure about it. I am reading up some articles about smartsteem and hopefully, I'll be able to come to a decision soon. Thanks for the recommendations :D

Oh gosh I know! I HATE the "if only I knew it earlier" thought...as opposed to just a little over a month ago! Oh well...we can only do the best with what we have now. Looking back doesn't help...only looking forward!

SP租出去有這麼高的收益?

我的姐,你不是不知道吧?看了你和我是差不多的 SP,所以收益也是相近的,每月四百美金左右。

哈哈!的確不知道,因為沒想過要把這麼多SP代理出去

我也没想过,只是知道还是好的。真要的话可以代理几百 SP 试试玩玩。

Hey good job!! That's awesome for you and that you knew about steem so early! Earlier than me, that's for sure! Better late than never though, right?

There are always someone earlier than us and who are later than us. Focus on our current progress and we shall improve everyday.

Exactly! What if's or if only's don't feel, unfortunately.

@fr3eze 哇,这个$400美金的被动收入的确很不错啊(我都不知道何年何日才能做到……)

没什么的,眼观八方,机会还是很多的。不然就在这里坚持创作,也是很好的路子

谢谢前辈的鼓励,我会继续努力的 :D

Yes true Steemit is full of whales and dolphins and you have approximately 3500 Steem Power, and saying it's is not much :) I think it's enough and you can increase more if you continue your articles, because you share always such content which are very useful for community. I have only 54 Steem Power but I have join Smartsteem with your reference I found it good. If you decide to delegate all SP to Smartsteem then obviously you will do nothing and totally depends on only rewards by Smartsteem but your followers will be missed useful information. So continue writing , we will always appreciate you with our little Upvoted. My English is not good :)
Thanks

Thanks for the support buddy. You shall rise to the top one day with such attitude here. And yes, I would not ever delegate all my SP out just for the profit, there are more important things here than the money itself.

That's amazing, dude. Well done on amassing that much Steem Power even if you don't have any plans to retire early and use it :P

Imagine what you're probably going to accomplish this year alone knowing what you know now. Hopefully STEEM itself is as high as 5USD

Thanks buddy. Things could really go 'out of control' if the whole market is surging. I could be retired soon later this year haha.

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