Why most people will not make money on Steemit

in #steemit7 years ago

Well all know time is money and the time you spend on social media nowadays for most people is a lot.

This is my view that the majority of people that use steemit will find it is a waste of time and will now make money for it. Here is my reasons.

First to make money from Steemit you needs lots of followers that have lots of Steem Power

So they can upvote your posts and you can make money

This takes time to create a following and during this time you not be earning lot of anything for your posts. So it is not instant and people want instant wealth not wanting build a following

Secondly you need a post that a big whale steem whale likes for you to get a pay day most whale do not upvote other peoples posts

The second way is to invest your self and get steem power yourself from the platform

This will increase your post value and you will make money through that

However you have to put thousands of dollars and buy power most people will not do this

SO there you go for the average Joe Steamit will not make them money like this post

I will only make 0.01 $ people will say its not worth it and leave

Long term this is problem because people will lose interest in steam and you will only have a select niche of users in my opinion

I am waiting for social media platform based on crypto currency like facebook

Steemit is not like facebook it like reddit

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A lot of true things said, but as almost everything in life to succeed here a person will either need effort+commitment+time or money invested in Steem Power + some effort.
Ofcourse it's so much easier to succeed when you already have the money ;)))

yeah its about how much you invest in the platform then the bigger your return most people will not invest anything so most will get no return. Its really just an investment platform for steem currency

its sad but true, but i hope your wrong!

yeah its will grow for sure up till a point then decline as people release they cant make money unless they buy steem which people will not do

I think the problem is when people begin to expect bigger payouts for their post Just think about it, for years many of us have posted on facebook and other social sites and didnt receive a cent. So even if its just a penny guess what, its more than you could have made posting the same thing on facebook. People are creatures of expectations and because they see one member making hundreds of dollars off each post, they feel they should get the same. You never know the work effort that was put in by the author to reach the level where they are. Remain humble and post true blogs from the heart and the rest will come.

yeah i think people when they start steemit they will be positive and enjoy it but will lose heart when they spend time and they get on 0.02 c a post and i think its not worth it. Steemit needs higher pay ou for new members to encourage new people to stay and post if every post you do is only 0.01 c then only time you will leave. it need to be a few dollars every post i think to keep members on the platform

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