How good is it to invest 1000 USD in Steemit ?
Hello Steemians....
I have thought alot and have come to the point that it's not possible to become a whale without investment in Steemit community.
I mean theoretically its possible but it'll take ages and alot of hard work. So the good reliable shourtcut could be to invest money in it and become the whale you want.
Now, how much money do i need to become a small sized whale, i mean would 1k $ do the job ?
OR should i avoid investing in this community ?
And if i do invest, then how much time i'll need to get my original money back and are there better options then to invest in here ?
How much monthly passive income can i generate from the said investment ?
And once i invest, what are the ways with which i can earn the most in the least bit of time.
Waiting for your advices.
Thanks.
(Pic credit : http://dollarfield.com/2017/03/01/make-crazy-money-on-steemit-with-zero-investment/)
its good if you will buy in lows
This should give you an idea of what is required:
https://steemwhales.com/
The top 25 holders of SP all have at least 725,000 SP. 1,000 SP may be a start but you'll still have a long way to go!
Use https://www.steemnow.com/upvotecalc.html
You would get about $0.17 per vote. Ofcourse you could earn a lot if STEEM obtains a high value too.
I think it's a great idea. Someday 1 STEEM can be $5 possibly
Craig freedom has 100000 sp with an average of 50$ up vote.. So I would assume you would get a ten cent up vote for 1000 maybe
I was thinking of taking 20$ from each paycheck to fund my account. Lol to see you talk about 1k I guess I'll try an invest $30 haha.
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