Steemit Motivation: The Power Of 10.....
Can anyone identify with this? You spend a fair bit of time writing a sensational post, proof it, and add in wonderful picture to make the article a work of art. As you hit the post button, you are so excited. This one is really going to wow them. Everyone will upvote this.
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You go to take care of some things, returning an hour later full of excitement. You open up your Steemit page, click on your posts, and BOOM....total let down.
The damn post netted you $.25. How can you get anywhere with that? You go to steem.supply only to be further disheartened to realize the post netted you approximately $.18. Now don't go spending that .17 steem all in one place.
I have good news for you: You are looking at it all wrong. Judging your payments by the number today is foolhardy. There is absolutely no reason to de-motivate yourself by thinking that way. There is another approach which is based in sound reasoning on the cryptocurrency market. I call it the power of 10.
How would you feel if every post you put up netted you $1.80 instead of $.18? Would that motivate you a bit more? Sure you aren't retiring on it but that is a start. That is something to build from at least.
Well, I am here to tell you that your $.18 post is going to be $1.80 down the road. Whatever you are bringing in on Steemit, multiply it by 10. This is what you are looking at in earnings in a couple years.
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How can I make this claim. My reasoning is two fold.
A. The present cryptocurrency market is $150B....once the Wall Street money starts to roll in, it will be at least $1.5T. I easily see the crypto market going up ten-fold in the next couple years. Heck, I even saw a headline today that said Mike Novogratz put together $500M for cryptocurrency. This is one guy and he raised 1/2 a billion dollars. One thing Wall Street can do, they can market the hell out of an investment and peddle it to a lot of wealthy people.
B. Steem at $1.06 is a joke. If you look at this blockchain, you will see how valuable it really is. Steem does more transactions than either Bitcoin or Ethereum with almost no delay. The tokens representing those blockchains are prices at around $4,800 and $300 respectively. We don't want to get crazy here but a $10 value on Steem well within reason. I posted an article yesterday about why I powered up on this pull back.
Thinking in these terms means that you are starting to understand the future. The radical returns that crpto already saw are far from over. Many want to throw around the term "bubble" which means they are looking at this stuff from a financial perspective. If, however, you take a technological perspective, you will realize that Steem is going to be a force in the future. Will it be the most successful blockchain? I am not going to say that. What I will say is that I do not believe Steem will fail. I also believe there is a much greater high side to this.
So stay motivated. Keep posting, commenting, and upvoting. When you feel yourself getting discouraged, go to your wallet and the account value by 10. This, in my opinion, is the true reflection of what it is.
If you found this post useful, please give me an upvote and resteem it.
Images by google pics.
My wallet is approximately 7.60 and I started this a few weeks ago. I view that as 760. IMHO you are being very conservative with your estimate which is by no means a put down. Better conservative than not. Your thought process is what a lot of people need to hear.
Gave you a 50% upvote for that one.
$100 is my target for Steem. I think that this being a $25B platform is not unrealistic.
But yes, I dont want to scare some people off.
@jerrybanfield did a video where his price is $1,067 per steem......
For the sake of this article, I will stick with a mere $10 a steem.
Thanks for your comment.
Thanks amigo!
We can't be in a bubble before it even hits mainstream adoption. 2/100 people own bitcoin and this is being a generous estimate. This is the internet in 1992. Long way to go my friend and completely agree with you, but I have steemit going to $100.
I would say .5/100 and that might be a stretch.
In many circles, maybe 2 even heard of bitcoin.
I'm completely happy to get that .25! Little by little counts.
What is truly disparaging is the ones that get dollars for a link or a video and that's it! That's life for ya. I'll still be happy to hit quarters.
Great outlook and post. Resteemed!
That is the attitude. Each bit helps to power up a little bit more.
Yes I know what you mean. I laughed when I saw a whale get $75 for a post saying good night (it kept me from crying).
Anyway, I dont besmirch the whales...they entered at the right time when Steem was very cheap.
I do agree about the youtube videos or the links....we need original content not someone just posting a link. Reddit if full of links, we dont need another place for that. If you are going to post a video, at least add your thoughts to it.
But alas, it is how things are.
Thanks for the post and follow us around...we are all trying to move up together.
I share the same sentiments. Already followed!
What other folks choose to do with their earnings is of no consequence to me. I just hope they understand that by feeding the minnows the whole ocean grows!
Sadly, I am not sure they do. Of course, there are some awesome whales who are out there upvoting when they can. Their time is limited like most plus they have everyone wanting a piece of them. Also, I know a lot of them do a ton for Steem including witnessing, working on the back end, marketing, etc...
The dolphins seem to be better suited for the upvote and helping everyone along. While their vote isnt worth $20, they will give a nice payout and are on quite frequently. There are some who will upvote every comment posted for one of their articles...something that I took to doing.
I don't mind people posting links to videos. Sometimes you get to see something you might not see otherwise. I recently read a post by someone from six months ago. He had a standing of 56, yet had only ever posted 6 items. That indicates that it was much easier to acquire a reputation back in the day of a few hundred members. Although, conversely, one might think it would be easier to grow one's reputation with a larger potential audience?? Maybe we need a school for Steemit? How to create and market oneself to maximise return and bring forward retirement. LOL. One would need to be an amazing, natural self-promoter. Sometmes, after reading lots it's restful to watch a video, or view a picture or a photograph.
I would go for that. Personally, I am very grateful for those who seek to help others by posting informative videos or articles about how to do things on steemit. There are so many nuances that it makes it tough to grasp it all. Perhaps that is a reason not to judge our success on a few months but look back after a year. It does take time and effort to grow things.
Things might change for the better when they are able to implement communities. Now, to me, it seems posts just stream by and are easy to miss. With communities, there could be a place to "meet" and post about similar likes. This will help for people to assist each other in upvoting as opposed to it being haphazard.
Yes, the idea of communities is a really good one. It's nice to think I can return to a space to find what I want, or something that I read before. And we, as a Steemit community, are spread across the globe, so it's nice to create a virtual community of shared interests.
To put it into perspective, early twitter pioneers made 100X on their investments. 😀👍
So did early Tesla people...and early Amazon people.
Unlike those two, I dont think it will be a 10 year wait.
Steem will explode simply because I see Wall Street money getting ready to enter which means a ten fold increase in the market cap of cryptos. The $150B will be a thing of the past once those marketing wizards from the street start soliciting the wealthy and uninformed.
I easily see $1.5T market cap for crypto when those guys start piling the money into this arena.
Agreed. Been employed in the financial space 20 years, you couldn't be more right!👍
Then you know the power of Wall Street in raising money from the wealthy even if they have no clue about it.
One thing about that....the Street is king at that. If they want to get $5T, they can....
Yes, of course. Far more money has been made on the street by salesmen than trading/investing. That is the truth. I should know, in a few different roles I was that guy.
Not any longer though, left a high profile job, stopped drinking the shitty company kool aid, and have no clue what I'm gonna do next, but I feel better than I have in my entire life.
Cheers 🍻 my friend.
@rawdawg, Agreed, once you get off the conveyor belt, life becomes a lot clearer. You have time to think rather than just react.
I am excited to get the .25 :) And writing good posts is a good practice anyway. Plus you can share them all over the place to bring more attention to steemit - more votes coming your way - eventually :)
Absolutely correct...I agree with you 1000%.
I like to preach to those who just sign up, post quality original content. Any fool can put up a youtube video...who want to see that? If I wanted to, I could do a search on youtube myself.
Great point on passing the articles around to get publicity for Steemit. Although, from what I can see, the word is getting out and quickly. I think things will explode over the next 6 months.
I used to post like this to FB, got paid nothing for it. In fact, I was the product being sold. Didn't like that much so I moved here. But most people are still FB slaves. For me it's enough to know that posting on Steemit is a sovereign act.
It was a natural step for me after investing in crypto early this year. I regard it as my "social security insurance".
Agree @zoidaoft. . IMHO, it feels like we just may be the early pioneers into something really big. The "big" thing that we are pioneers for may run deeper than just crypto, but rather a shift towards what value really is and a shift towards people being rewarded for their value as opposed to companies like FB keeping it all for themselves.
I.E. If I was at a grocery store and someone walked up to me and told me they were going to tell me something that was going to make me laugh my ass off, but it was going to cost $1, I would gladly pay the $1.
In today's world we have people on social media sites making people laugh their asses off for nothing, no return, nada. The value is stored with site such as FB, LinkedIn,Instagram, etc etc.
General public doesn't realize they are getting fleeced yet, we are just ahead of the curve imho.
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