What I think about Steemit.Where does Steemit itself make money?.Join my Business.Good Chance.๐Ÿ‘๐Ÿฟ

in hive-185836 โ€ขย  15 days agoย 


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Greetings All Friends

I hope you are all well.I will share a few facts in my steemit post today.I will do my best to make sure that you understand what I want to explain and that you are interested in thinking.

  • Have you ever wondered where Steemit makes money from when it rewards us?

Do you think that only ADS :No๐Ÿšซ

  • Can you also create a platform like Steemit? Create your own blockchain without using Steemit's blockchain.

  • Have you ever thought that there is a better platform than Steemit?

  • What do I want to do and how can you join my business?

Let's start with the first question.Steemit gives us rewards, but where does it earn its own income? I want to make it clear to you that Steemit itself does not give any rewards.By the way, blockchain apps have many advantages, but they also have many disadvantages. People don't think about this and invest in blockchain apps, thinking that it is a decentralized platform.

Let's check out a little history of Steemit.

AttributeValue
Rank368
Market Capitalization$167.9M
Fully Diluted Market Cap$167.9M
Market Dominance0.0048%
Volume$500.43M
Volume/Market Cap298.05%
Circulating Supply480,208,002 STEEM
Total Supply480,208,002 STEEM
Issue Date2016-04-19
Historical High$8.5744 (2018-01-03)
Historical Low$0.0692 (2017-03-10)

Come on, think about why Steemit has become so high and yet so low.New traders or newcomers to crypto here will think that buying and selling decide the market.Your guess is correct to some extent, but it is also wrong.Brother, don't invest in crypto after looking at BTC and other top coins.The first thing about BTC being so high is that many BTC wallets have been wiped out, meaning their passwords have been lost.And the second thing about BTC is that BTC has Halving after 4 years and reward 50% -. If the price of BTC does not increase, miners will get less money. If miners get less money, miners will not work at all. If miners do not work at all, crypto will end.
My brother Steemit top high was never as high as it was. I estimate it will take five to ten years to reach its top high if no one invests more or burns tokens.
But there are also some advantages of Steemit, namely that a person does not need to be monetized and can start earning from the first day, which is why these people have benefited from it.You should put the thought out of your mind that someone would take advantage of you without thinking of their own benefit.
In Steemit, there will be no one other than the Steemit team who has more power and can vote for you without any benefit.
Earning Estimate
If we take a simple estimate of Steemit and also estimate the highs and lows of the process, then only one person can earn 10% a year if he continues to vote for his own account and owns five to ten accounts.And don't vote for anyone else.
Steemit could have taken investment anyway, but why did they create their own website?
The first thing was that Steemit would promote itself. If Steemit had users, the Steemit token would be listed on exchanges.And if the token is listed on good exchanges, futures and spot trading will also save on fees and will also generate more investment, which will allow him to do his other projects.
So Steemit could have done this too, taking investment and giving 10 percent interest on it. Why did you creating this website?

  • The first thing about it was that after creating a website, you can earn money by running ads on it.
  • And the second thing is that if they give people direct interest, then in many religions, interest is considered wrong, that is, it is forbidden. If they take investment in this way and give voting power, brother, this is direct interest, but people should understand that we are earning money by writing and this is our hard work. This is the method that these people used and got investment.
  • But you won't see anyone talking about it.
  • Brother, what is the definition of interest?
  • Renting or paying rent on money is interest on money, and if we invest money and in return we get voting power, then this is also interest.So this is also wrong. But Spot tradding not wrong.

There are even better platforms than Steemit that pay interest on investing funds without doing anything.

like Binance, Bybit,Kucoin,etc
But many people don't invest in these places because it is interest and interest is forbidden. I am also against interest.But they should also remember that having voting power on Steemit is also an interest.
Our point was left behind as to why this steemit token became so cheap.
This is all a game they created. You can see that if we deposit Steem tokens in our Binance account, those tokens remain in a vault on Binance, but those Steem tokens start showing up in our Binance account.There are too many tokens in Binance's vault, so there aren't that many withdraw.Brother, many people think that the market is not a menu plate, but this is your illusion, the market is a menu plate.
What does Steemit do?
Steemit can regenerate tokens. And this causes the price of the Steem token to drop.The price doesn't go down from buying and selling, they do it this way and it brings down the market, rather than regenerating tokens.
What do I want to do and how can you join me in my business?
I have thought a lot about business and for that I need a lot of investment which I cannot do alone.I want to create a token on crypto ETH Blockchain.
And in our country Pakistan, e-commerce is starting. Now is a good opportunity to do e-commerce work. I also want to do this, but I am not able to do it due to many reasons, the first of which is investment.
That you would like to invest in my crypto and e-commerce business?
I dislike futures trading.
If you ask me for advice on which coin to invest in, I will give you this advice: Invest in BTC, Ethereum, and BNB. They will never go down because that is the hallmark of crypto.
What will you get if you invest?
First of all, I would like to say that I cannot return your investment for two years.You can withdraw your investment after two years or keep it longer, but you will be given 25 percent of the profit.
If anyone is willing to invest or wants to give any advice, please contact me on this email.[email protected]
What I do and what I am doing at the moment
Now I am working on Google Adsense along with my studies.I think Google Adsense is a better platform than steemit, but it requires more effort.I have a very good trick for earning from Google Adsense. If anyone wants it, they can also contact me.


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Thanks For Reading


Join My Community
S4 Young Journey
My introduction post
Achievement 1:Introduction my self in steemit.


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