Steemit is showing a lot of potential for a long time now, especially lately when the prices went up very high. The popularity is simply skyrocketing. This year we are probably going to see huge numbers in terms of new registrations and user activity.
Steemit's global rank is at 1,436 right now as Alexa shows here:
The global rank is rising really quickly and there's no way anything will stop it!
So, if you joined only recently, you might think that you actually joined in too late, because there are a lot of amazing authors already posting every day and you have no chance to be seen.
Well, that is incorrect! This is the perfect time to be here on Steemit. Although the competition is already quite high, you can still earn great rewards if you put out great content and constantly engage with the community.
See, the biggest reason why a lot of great content is left unseen here, is because people post something and then leave it, with the hopes of making big rewards.
Posting an article is not enough. You have to be active, you must help the community grow like everyone else does.
Participate in chats, contests and comment on other author's posts. If you're constantly active, you WILL get seen and get the rewards you deserve.
Another advice I have for you, don't think about the rewards. Most people already stay quite active on other social medias without expecting to get anything, right?
Have the same mentality here. It's a social media, so you should focus on communicating and having fun. Rewards will follow along as you do that.
We are still the "early birds"
Now, the reason you should be happy to be on Steemit right now, is because the competition is only going to increase in the future.
Steemit will become very mainstream soon and this is the perfect time to make a name for yourself. It's easier to get your content seen now than it will be in the future.
You haven't missed out on nothing. The prices are high and the rewards are great. So start putting out your best content, engage and have fun, because the competition is nowhere near that it will be in the future.
Also, steem price is still not very high, so it's easier to accumulate some steem power now. If the prices going to increase, it will be harder to get steem power.
Just think about that... If you tell yourself that it's hard to get steem power now, then how hard it will be for you in the future?
Just look at the potential earnings
Some people manage to make thousands of dollars every day with their posts here on STEEMIT.
Let's just take a look at the trending page and do a few calculations. Not everyone still realizes that the $ amount shown on posts is not the real amount in USD.
At the current prices of Steem and SBD, the posts are actually worth way more than being shown, because the $ mark has nothing to do with USD. I suggest checking out this post made by @dragosroua
He explains it very well how the rewards are calculated.
So, now let's go to the trending page and see some examples.
Here's a post that that shows $1,130 in rewards.
While getting over 1000$ for a post is huge already, this post is actually worth a bit more at the current prices.
Keep in mind that 25% of the reward will go to curators. So roughly, the whole payout will be $850.
Now, the final payout is divided like this: 50% STEEM POWER and 50% SBD.
The author will get 425 SBD and 82 STEEM POWER.
Since 1 SBD is worth roughly 6,60$ right now, the author will have 2805$ just from SBD!
And he will get 425$ worth of STEEM POWER (which is 82 SP).
That's crazy, right? And this is not even the highest earning post. There are authors making even more than that.
That doesn't mean you will earn crazy amounts like that
You have to realize that those authors did a lot of work to get on the trending page.
A lot of them invested and bought a lot of STEEM POWER, which helps them get up there.
If you don't invest in SP, don't lose your hopes. You can easily get great rewards if you're very active and post frequently.
Your main focus shouldn't be getting out there on the trending page. It's mostly for the "big guys" of Steemit.
It's definitely possible even for new members to earn hundreds of $, but it's all up to you.
If you never take any kind of action, you won't succeed at anything. If you keep giving yourself excuses that everyone is better than you, then everyone WILL be better than you.
I guess I'm getting a little bit motivational, haha!
The future of Steemit and the prices
Not so long ago Steem and SBD prices were roughly 1$ for each. But lately we have seen some great growth! Here are the current prices:
As you can see, the prices are falling down a bit, but there's nothing to worry about at all. For most of my time that I have been here, whenever the prices go down, new users start to panic and leave Steemit.
But every time, steem has recovered and reached new highs!
That's the way cryptocurrencies are... They will always go down, but they will come back up. It happens all the time.
But the biggest mistake to do, is to sell all your cryptos when the price drops. I know, it's kinda stressful to look at the prices and see the value going down a lot.
It makes you wonder if you made the right choice and you start selling everything, because you don't want to lose even more money.
I advice not to look at the prices at all. Or look at the out of curiosity, but don't stress about it. Just hold your cryptos, because the future is bright for most of them (especially steem).
I have made the mistake of selling some of my cryptos when I started buying them. I saw the prices drop and I sold everything.
Only later I realized I made some big mistakes, because I sold them for 10 times less than they are worth now.
Don't make the same mistakes I made. Don't sell, because the prices go down.
You should actually BUY when the prices go down, cuz it's almost like getting something for a discounted price.
Most investors buy cryptos when the charts are all red.
So, be happy to be on steemit!
With all that's going on right now, you should be really happy you're on steemit. Like I've said, steemit will be mainstream pretty soon and you are here early.
Take advantage of being the early bird and start making a name for yourself. Show everyone that you can provide value, engage, communicate and while you're doing that, have some fun, okay?
If you're not having fun here, you might become lazy, without any motivation to do anything at all.
I have never been on a social media this good and I am not planning to leave it any time soon! Are you going to stay here and contribute towards making Steemit grow?
If you are going to do that, some tasty rewards will follow along that, for sure!
What you wrote, sure it's all true, but you didn't mention, that steemit needs its own debit card. That was said long time ago and still....nothing was done on this field.
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Yes, I fully agree on that. It would make things much easier. Hopefully we will see that happening soon enough.
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I'm hoping the OCASH card from OpenLedger will support STEEM and SBD. It is due for release this quarter. We will see...
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I'm happy to be here too.
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Glad to hear that! Steemit is awesome :)
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Wow! This post is priceless! 🙏 Thank you so much for your effort @trendo
Steemit is going to be some of the biggest social media websites someday, and I believe it 💪🏻
I did not know about Steem Power and how you get the money, and I learned in your post, thanks to you 😃
Upvoted and resteemed 🌟
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Yes, it's only a matter of when. In a couple of years we are going to see some serious numbers :)
I'm glad you found this post useful!
Thanks for upvoting and resteeming :)
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Well put.
I made my mind up to make at least a 2 year commitment, and then see where it goes :) Very optimistic about 2018 though!
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That's fantastic! I'm sure those 2 years of commitment will become a 100 year commitment, haha :P
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Nice write up, looking at the earning we have a lot to achieve on steemit. Thanks for this enlightening post
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I am so happy with the future of Steemit. When prices go down it is exciting also as you can accumulate for Steem easier and then when prices move up you bank so much more! But I love the platform and people here, I am pretty much almost full time here!
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When prices go down, not only is it easier to accumulate more steem, it's also a perfect time to buy some! The whole community is really awesome here :)
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Totally agree on all points! I want to buy some for sure. I think we could dip to $4 and will look to get some near there.
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Fantastic post! This is a great outline and it's helping me communicate better as I invite more people to the platform. Upvoted + resteemed!
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Great overview thanks for that. Sometimes we do need a bit of a motivational to keep going on here. I dream of the day when I can earn more than a few cents on each post ;)
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Don't just dream about it. Make it happen! I'm sure you will achieve that goal :)
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Not only that, but steemit is one of the first, if not the one and only platform to be based around a blockchain to have an actual use for the coin. A true pioneer in proof of brain blockchain!
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Indeed, no other cryptos have that kind of use like steemit has!
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Oh yes your post is absolutely motivational. It gears people up especially newbie and plankton like me. I am happy creating post and reading post and commenting, the only challenge is engaging at conversations with fellow steemians as I am fulltime mother, one with special needs. Nonetheless, I will keep posting and have fun and be happy like what you said. Cheers!
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Yes, I feel very lucky to join steemit as well as Steemit is truly a platform for all netizens worldwide to mingle around, especially to Chinese bloggers . I blogged more in Chinese language and with steemit, enable me to reach out to the China mainland bloggers, feel so great!
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Thanks for writing this and I am so happy I came here so early!
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Thank you for this enlightening and motivational post! Being new to Steemit I feel sometimes lost and I know I have a lot to learn, but I'm fascinated and intrigued! :) Helen
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Just what I needed to read after feeling a bit lost with my recent posts! Thank you for sharing :)
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am already happy, see your post become happier!
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Auf jeden Fall
sehr vertolle Platform
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Thanks for such a motivating and encouraging post to remind us to be happy on steemit! You have spelled everything out for us. Excellent effort @trendo :) Though my upvote doesn't worth much, but your good post deserves to be seen!
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