Not much. When someone in steemit claim that you will make 100% return, it is not 100% return on your investment. It is 100% of the vote value that is allocated to your particluar SP. The Vote Value for 1000 SP is equal to only $0.12.
As abysmal as your "profit projection" looks like. Bear in mind you can ask the same question about other content platform sites like Youtube or Medium etc..
First off, you need to put a price on the "worth" of your activities online. That's easy, just price your past activities from when BEFORE you got on Steemit. Everyone's "ROI" on social media different, while a regular video sharing post spamming troll likely wont make any money on their hours on Facebook. A brand personnel makes millions marketing his product on social media. Find out what's your price.
Has your time on Steemit made you more than your time on other social media site? even if it's 1 cent more its already 1 cent more. For me, my time on Steemit has definitely made a good ROI.
You need to understand that Steemit is some crypto-welfare system where people are guaranteed easy free money. The aim of the Steem Blockchain is to decentralize and democratize the content web and make it fairer for content creators.
As much consistent effort, brain power and creativity you are willing to put in.
I've met Steem whales who have only been using Steem for < 1 year aside from working on other projects. Steem is profitable long term but it is wise to set expectations correctly upfront.
Steemit has now crossed more than a million users worldwide and soon it will become a very popular social media which is informative and give rewards for contribution.
Earning money on steemit is an investment more you have steem power more can get returns from this platform.If you write quality post but don't have power to promote or to buy bid based voting bots ,there will be less returns.
Steemit has now crossed more than a million users worldwide and soon it will become a very popular social media which is informative and give rewards for contribution.
Earning money on steemit is an investment more you have steem power more can get returns from this platform.If you write quality post but don't have power to promote or to buy bid based voting bots ,there will be less returns.
Not much. When someone in steemit claim that you will make 100% return, it is not 100% return on your investment. It is 100% of the vote value that is allocated to your particluar SP. The Vote Value for 1000 SP is equal to only $0.12.
As abysmal as your "profit projection" looks like. Bear in mind you can ask the same question about other content platform sites like Youtube or Medium etc..
First off, you need to put a price on the "worth" of your activities online. That's easy, just price your past activities from when BEFORE you got on Steemit. Everyone's "ROI" on social media different, while a regular video sharing post spamming troll likely wont make any money on their hours on Facebook. A brand personnel makes millions marketing his product on social media. Find out what's your price.
Has your time on Steemit made you more than your time on other social media site? even if it's 1 cent more its already 1 cent more. For me, my time on Steemit has definitely made a good ROI.
You need to understand that Steemit is some crypto-welfare system where people are guaranteed easy free money. The aim of the Steem Blockchain is to decentralize and democratize the content web and make it fairer for content creators.
As much consistent effort, brain power and creativity you are willing to put in.
I've met Steem whales who have only been using Steem for < 1 year aside from working on other projects. Steem is profitable long term but it is wise to set expectations correctly upfront.
Steemit has now crossed more than a million users worldwide and soon it will become a very popular social media which is informative and give rewards for contribution.
Earning money on steemit is an investment more you have steem power more can get returns from this platform.If you write quality post but don't have power to promote or to buy bid based voting bots ,there will be less returns.
Steemit has now crossed more than a million users worldwide and soon it will become a very popular social media which is informative and give rewards for contribution.
Earning money on steemit is an investment more you have steem power more can get returns from this platform.If you write quality post but don't have power to promote or to buy bid based voting bots ,there will be less returns.