Can You Make A Living From Steemit?

in steemit •  8 years ago 

That is something only time will be able to answer.  But for some people it is looking like a good possibility. Here are a few ways that steemit can become your primary job and not a source of extra income

Invest

This isn't unique to steemit, or even cryptocurrency really.  Any time a new stock is available those who buy early can make a pretty penny off of it.  But of course this option involves start-up capital to see any big results and will take time.  

Write

The main way to earn income is to write articles that get upvoted.  It is something that literally anyone can do and anyone can make it viral on here.  I know that sounds like a load after you have worked hard on a post only to watch it sink into the blockchain abyss.  But that happens.  A lot of these people who are making good money from their posts are just random people who came on at the right time or told the right story.  And yes some of them have boobs, as I have read people complaining about that, but that is not a requirement.  I don't have boobs (well when I'm up in my weight that can be argued) and I know no one here and look how much money this post is making (that is your cue to upvote this post) 

Living Off Interest and Steem

I had a thought the other day.  If you could build up enough steem power and if steem was worth enough money, you could power down and have a weekly paycheck.  That is one of the advantages of the 104 payments of your power down over the two years.  You can have a steady paycheck and (I think) collect more steem from the steem that is in there.  That will help a lot of people who are, lets be honest, bad with money.  

Time will show us how well the average user can earn on Steemit but as I said, it is looking positive

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I plan to write and post a lot, maybe put some back in, and take a little bit out each month to supplement income. I'm not sure I can get to replace my salary with Steemit, but I know that I can get some nice supplementary income from it.

it seems like a sweet tool dude right? i know!

I upvoted you.

Not sure yet but whatever "living" you make, don't give your money away to divorce attorneys! https://steemit.com/sex/@mikebartolo/dating-economics-the-real-truth-behind-relationships-and-what-it-means-for-you

Well, this post ended up making $0.04 in two years after all, very funny :D