DRutter - Adding 100% organic content-driven blockchain value!
Welcome to the 25th weekly installment of my series on Steemit income and growth!
Income on Steemit is generated by "investment" (the more Steem you have, the more you earn) and by "work" (earning Steem by contributing content that adds value). Already having invested my savings in Steem, I'm now working by uploading unique valuable content to the blockchain. My goal is to increase my average weekly income to 15 Steem.
Calculating weekly income
Considering income from accounts that I own, and that my wife owns, and accounts started as group projects with my funds (currently @drutter, @medikatie, @greatesteem, @hempy, @girlsofgreen, and @sativazeee), here's the running tally:
Week 01 - 0840 (+ ? ) Steem (+?%)
Week 02 - 0848 (+ 8 ) Steem (+0.95%)
Week 03 - 0862 (+14) Steem (+1.65%)
Week 04 - 0868 (+ 6 ) Steem (+0.70%)
Week 05 - 0876 (+ 8 ) Steem (+0.92%)
Week 06 - 0888 (+12) Steem (+1.37%)
Week 07 - 0914 (+26) Steem (+2.93%)
Week 08 - 0929 (+15) Steem (+1.64%)
Week 09 - 0936 (+ 7 ) Steem (+0.75%)
Week 10 - 0953 (+17) Steem (+1.82%)
Week 11 - 0960 (+ 7 ) Steem (+0.73%)
Week 12 - 0966 (+ 6 ) Steem (+0.63%)
Week 13 - 0973 (+ 7 ) Steem (+0.72%)
Week 14 - 0980 (+ 7 ) Steem (+0.72%)
Week 15 - 0986 (+ 6 ) Steem (+0.61%)
Week 16 - 0991 (+ 5 ) Steem (+0.51%)
Week 17 - 0996 (+ 5 ) Steem (+0.50%)
Week 18 - 1032 (+36) Steem (+3.61%)
Week 19 - 1040 (+ 8 ) Steem (+0.78%)
Week 20 - 1045 (+ 5 ) Steem (+0.48%)
Week 21 - 1051 (+ 6 ) Steem (+0.57%)
Week 22 - 1059 ( +8 ) Steem (+0.76%)
Week 23 - 1065 (+ 6 ) Steem (+0.56%)
Week 24 - 1073 (+ 8 ) Steem (+0.75%)
Week 25 - 1079 (+ 6 ) Steem (+0.56%)
Average weekly income (last 10 weeks): +9.3 Steem (+0.90%)
It wasn't a great week, leaving the 10 week average mostly unchanged. At the current rate (which may not even be sustainable), it will take almost a year for us to work our way to withdrawing 50 Steem per month toward a replacement camera. What's worse, 50 Steem at current rates is only 30 Canadian dollars, perhaps 10% of a camera.
Summary: It's getting harder and harder to earn STEEM, even as our content gets better, and the STEEM we earn becomes worth less and less. Prognosis: guarded.
The positive spin on things:
- our team is approaching rep 49, rep 52, and rep 53
- we've done all this without bots, without buying or selling upvotes, and with conservative self-voting
- we're having a decent week right now, so the next update will be better
Please see my recent posts on the economic crash in Venezuela if you haven't already!
Steem on!
DRutter
Just keep building with the plan we might hit 5 dollars per Steem before the end of the year. I've been trying hard to stay optimistic
Sounds like the best advice anyone's got right now! For those who've got more time, hang in there.
If you want to make more money than what your own investiment allows, you need to focus on partnership, long term alliances and/or a purchaseable product.
Are you suggesting that content-creation alone isn't supported on Steemit?
No, I'm not.
Then?
I think I was pretty straight forward, honestly. Can you elaborate what you're confused about?
If you feel you've provided some kind of information, then you shouldn't feel obligated to continue posting here. Thanks.
I gave you advice. You asked for further explanations.
I asked on what exactly. You reply with rudeness.
That's awful of you. Why are you acting like that?
Did you want me to guess what you didn't understand? Did you want me to cover every single topic pertaining to this matter even though that's a ludicrously long wall full of text? Did you think I was rude when I tried to ask you to be more specific so I could spare myself from writing a 10 paragraphs long comment? What exactly triggered you? Why? You confuse me so much.