My Review of Steemit after one week of use

in steemit •  8 years ago 

So far I have earned only less than $2 after one week. Despite active voting but limited posting. During the same time, my adsense blog has made $25 per day on average. Not sure if I am still going to carry on posting here but I think I should switch to mining steem which is much easier then spending time contributing contents.

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Ive found posting comments to be the most profitable myself, My blog posts rarely make over 10 cents. But ive had a 311$ comment on someon else's post.
To make real money upvoting you need a whole lot of steem power.

Consider joining our group on gli.ph MinnowsUnite to live chat with other steemers.
https://gli.ph/g/mT205P/CbFybHevfa12pvgQqtZgt50coGG6ZTyxDzDyWSXQJ7s=

very helpful thank you for sharing this...

Yes at the end of the day it is steem power that matters. So basically Steem wants you to lock payout for 2 years and allow the value to compound. Very similar to MLM concept.

your steem power can be withdrawn weekly in even payments. you dont have 2 years.. it just takes 2 years for your last payment

Well, Steemit is still new right now. And if you keep on writing quality, original content, you will soon start making money. And I think when you are up there, you will be making a LOT more than $25 a day. Trust me! Steemit is going places.

I really hope so. At the moment, I don't see much positive ROI. However the mining aspect is actually much simpler and more attractive in terms of ROI.

Yeah. Just wait till this gets mainstream. We will see an explosion greater than that of a nuke. And will be the ride of our lives :D

Stay close to what you know. Sound like kicking in an open door, but it is simple. Blog about your experiences, your profession, what you think about.

Good luck!

Yes this is what blogging is all about. Makes sense.

Have Faith with Steemit! Who knows one day you will build a good amount of rep and followers that will enable you to earn even more then your adsense!

Blogging or upvoting on steemit is generally not profitable at all. I mine Gridcoin, Solarcoin and Siacoin on my computers so no spare capacity for Steem, but give it a go and see if its worthwhile.

This is what I thought as well and I think mining is the way to go as you do not need to spend brain power.

hahahaha!

I really don't want to mine Steem so I'm going to keep at the Steemit but yes I am not having a ton of luck as well. I am not a brainiac and I am not a hot chick that can just say HI I'M AMANDA and get a $20,000 upvoted post. A little frustrating because I enjoy blogging but I don't think I have mad blogging skills either... I will just keep on keepin on. Good luck guys.

I have noticed that the comments make more money so am commenting more and interacting with the post writers instead of just upvoting each time.

I have not post anything yet but i am up voting new stuff. I think i up voted something yesterday, it went form $0.02 to $500 . OMG

Congrats. This is good news. Do take note that the so call $500 is not actual value. You need to look at the actual Steem dollar paid.

  ·  8 years ago (edited)

i see she has $300 SD in the wallet. Pretty good for an intro post. It was a wall of text when i found it. I encourage her to put more stuff and she did =D

I think that value also changes too depending on the market value at the current time. Even if you have $500 steem it probably doesn't actually translate to $500 USD.

I am here for a week now as well, give or take. I have done my fair share of posting and some posts made a little money, I think the best was $1,19. Overall, I really like Steemit so far. It's like all social media, hard to make a name. But I love doing it so I am here to stay!

You're doing fine.

if it's not working, get a partner or a team ;) Check steemstats as well. Or what topics you think that are missing on.

I haven't had much luck myself, but people are saying that posting comments is the main way they generate their revenue. I would stick to their advice until you become bigger in the community.

As you can see from this post, my upvotes are increasing but earnings are not raising much. This is quite a tough environment to maintain the belief that Steem would work out and pay out decently unless the cryptocurrency suddenly appreciates.

As thanks for upvoting my post...

I can understand how you feel as I am a minnow too. I don't know your adsense blog, but why not post it here also. The extra cash couldn't hurt.
(^_-)

Well the issue is that we have to know if the ROI is worth the effort. I have been putting in 11 hours a day upvoting. But the ROI is still very poor. This is disappointing. :(

I know how you feel, look what happened to my hair , so my post out there wanting to improve for a more fair voting system https://steemit.com/steemit/@transpotime21bus/i-am-so-addicted-to-this-social-media-that-my-hair-got-steemed-and-amazingly-my-poo-smells-steem-too

Unfortuntately the setup of Steem rewards those with high steem power. Much more more than the rest of the members. Think of it as a paraymid scheme. Whereby the top members get bulk of the rewards.

Someone told me if you've less than $5000 to invest in site - FORGET IT!!!

I think you should continue here. Only one week and you feel like quitting? And that after making two dollars? Come on. Continue. And create quality content. It will take time, but if people know you for your good content, who knows whether you'll earn even more than on your adsense?

@dotsey unfortunately it is not the content quality that matters. It is steem power. The more steem power you have the more you can earn. And the only way to get high steem power is to exchange bitcoins to steem power.

cire81, the problem is that whales cannot yet partial vote, maybe. I made $2500 on here, partly because 2 whales up-voted me, but now they're too busy, and their bots don't find everything.

We need to make friendships, and like water dripping, wear down the stone.

Honestly it is disappointing with such a setup. I am considering whether should I invest $5,000 and boost up my steeem power. Then setup an exchange with other high steem powered members and cross vote each other contents thus bypassing other members since other members have low steem power which means earnings are low from their voting. What is your view on this?

Upvoted! And do you guys also had the problems that pictures are loading in the preview when creating a post, but after publishing they are invisible?

Same problem on some of my post. I think Steemit is still fixing this issue.

I just made $1.70 by spending few minutes and you spent around one week to reach to $2 buddy? Keep posting useful stuff and you'll be rewarded. This steemit community is full of potentials. Think of it as your facebook dude. Do not worry about cash, it will come automatically.

Erm you do know that you are referring to estimated value right? There is a different between Steem dollar which is backed by USD and estimated value.

Why not implement the Steem API into your blog to post your content here too without doing anything ? Then you would earn money without even coming on SteemIt. Your hourly ROI gains would then be illimited.

You can try that but the issue here is not about the quality nor quantity of your post but to get users with high steem power to upvote. Which means you must invest into steem power before you can see anything meaningful in your earning. If you noticed some of the post by members who have $1k+ earning, and look through all their post. You can see that most of them are earning less than $2 per post. Which means that $1k plus massive earning is a one kick phony and not susbstainable. Thus the only way to have substainable high earning is through high steem power investment.

I feel your pain, spent some time posting original stuff, reported on our Nelson Mandela drive yesterday... errrr, 0.02c to date. So I must obviously face the fact that I am a crap writer, or my subject matter is of no relevance.
But I shall continue posting as I find it de-stresses me to sit and write basic humor ... with me generally the butt of my own jokes {grin}

It has nothing to do with you @themagus it is important to get people with high steem power to upvote. Those with low steem power would not be able to help you with earnings (myself including)

I keep reading words like "earning " and getting" Let start this all up by sharing and forgetting the the payment process . If you stay active and insightful when participating on this newsocial media platform Steemit, I'm sure your efforts will eventually pay off. For now let's just engage and see if Steemit can change the way content is paid.

Good noble idea. Hopefully our effort would eventually pay out fine.

I agree! Let's just make it a hobby instead to be not part of the usual social media platform.

That's too bad, there needs to be more diversity.

Yes it's a battle of attrition for sure. When you have time hit up the minnows (minnowsunite)

There are great things that can happen here even through the bad mist.

Yeah its kinda rough out there right now. It seems to take a lot to get noticed.

It's all tits and ass here

thanks for sharing....

One week really isn't that long of a time to try out a new blog. How long have you been blogging with adsense? Probably longer than a week. Keep at it. I've only been on for a day now and haven't made a scratch but I'm not going to let that discourage me.

I've made about $13 and I've been on for over a week..... not terrible but not like some of the amazing stories on here of 2nd incomes from Steemit... :)

$13 is much better earning compared to mine. :) Good job.

LOLz hang in there I think it will end up being a 2nd income sooonnnn. Hopefully.

Good if this is the case. I shall see you around more often and watch out for more interesting post from you.

I'll do the same!

If this is how make your living then $2 isn't gonna sustain you at all however find the right nugget as others have done and enjoy the rewards. I haven't cracked this particular nut myself but I'm not giving up.

Cheer up. You are not alone. It really takes a lot self belief that this is gonna to work on Steemit..

I also started steem one weeksago. I think bloging itself pleasure to me even not making a big money to me yet. so i will blog for a long time then i expect something happen to me :)

Im going to blog my cooking&famous restaurant, photograph and travel. if you interest in it, visit my blog.

Good luck @realups :)

very helpful thank you for sharing this

Perhaps it is the level of high expectations that come with the hype.
If you can just toggle that little "I simply do not care" switch to the on position, writing gets a lot easier.
I truly give not one whit about how the general public feels about my prose.
It is for that handful of people who do care that I exert myself,
but fortunately that demographic requires nothing spectacular, only truth.

  ·  8 years ago Reveal Comment