I am kinda encouraged by this post. I love to write and if steemit can help me make money dointg it. Why not give it a try? If it works out well as it seems to be for so many people, I'm putting my all in it. Five dollar per day is worth a lot in most developing countries.
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For the most part this is still true today. While for myself blogging is not "fun" anymore, I do think it still can be.
When I made that post Steem was quite a different place. Steem is still evolving as a technology and as a community. We have a lot ot look forward to in the future which could make Steem fun for the older generations of bloggers such as SMTs and new functionality. I think a more diverse and broad ecosystem enabled by SMTs will allow for a more vibrant and fun atmosphere.
In a developing country $5 a day is good money. If you are from a developing country and can live off $1825 a year then if you took my article seriously and blogged on Steem back when I posted then it is possible you have over $100,000 in Steem Power by now. If you have that and have access to certain assets it may even be possible for you to power down, diversify into these rent paying or dividend producing assets, and get 5% or more a year on that $100,000 allowing you to in a sense retire.
5% of $100,000 is $5000.
5% of $50,000 is $2500.
5% of $25,000 is $1250.
What is your number? It is also possible some people do not have access to bank accounts or the stock market which is why crypto platforms like NEO offer something similar to a dividend. These are of course risky so I do not recommend but the point being that there is so much more than blogging and blogging is not something to do permanently.
You made some good points. I am new to Steemit but I am willing to learn the best ways to succeed. I wish I knew about steemit all these years but I am happy to evolve and learn. I will be glad if there are other tips for me. Thank you.