If Your New To Steem And Want to Make Money From It
I believe You will Need About $10,000 invested in Steem Power so that you can Generate $1 From you post every time you post
You Dont have a Big Fan Base
As Investment You Will Have Buy Steem Power In order to generate and ensure that your posts Make you Steem Power
I calculate that for a new person the average Joe that have not got a following
You will have to invest about $10,000 buying Steem Power and tie it up for 2 years so that you ensure that all post you create will create at least $1.
Thats a lot of money to tie up for a very small return hold there is no limit to that so you could post hundreds of posts a day. Or employ some one post for you everyday.
Is it worth it in well it possible is you out source the job
Get someone to post on your behalf
Let me Know what You Think
Don't forget that the price of Steem can go up a lot, so what might not seem worthwhile now might make more than you think in the future.
Thanks Your Comment. Yeah very True Steem Power is a good investment as the platform grows. More users will buy and invest in getting Steem Power. How Steem IS an Inflationary Currency Created out of thin Air. So If the platform when it reaches its peak user base and starts to decline. Less New buyers and users of Stem Platform. Thats the time when to sell Steem because every year there will be Steem Power and Less demand. I dont think this will happen for a few years lt me know what you think
great information but the amount is too high
Yeah it alot of money so that you can ensure that every post you create will get you a $1. Currently I think your best just buying a basket crypto currency you will make more money
you don't have to buy too much steem $, people can lease from minnowbooster about 100 times more steem then paid amount
Thanks Yes I have looked at Minnowbooster. But I dont understand where they are getting to Steem Power from To give it to you. This not explained. Where is this Steem power From ? Its currently not being used? Can you explain Thanks
This is all about investing money VS. investing time. You can create a very large community of Steem followers by spending time reading people's post and interacting with them or, you can just buy Steem power and increase artificially your influence. As others mentioned, 10k$ is way too much, I don't know where you got that figure from.
Yeah invest time vs Money. Time is money as they say haha. $10,000 is just just rough estimate maybe less Between $7000 and $10000 at current steem price i would say. What do you think of Minnowbooster? Do you know anything about it does it work?