hitmeasap
Level X5
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Some of you might know that I was pretty active on Steemit a few months back. I did some research and I made some mistakes during the learning curve but I managed to earn some decent money.
With posts that made me $150+, $600+, $800+, $300, $400 etc. etc. I'm truly satisfied. It was amazing and I loved the extra cash.
However, I haven't made a single post in 2 months now. - The reason?
First of all, Steem and Steem Dollars have dropped in value, even though Steem Dollars have managed to hold steady at around $1.. But Steem has decreased a lot.
At the time I'm writing this, Steem is worth: $0.101109, and Steem Dollars are worth: $0.986924.
That being said, the top earners who made an average of $1000 for a single post 3-4 months ago gets about $50 or so nowadays.. So it's an INSANE drop in value.
However, that's not the main reason I decided to stop publishing content there. I still love the idea of Steemit and I will most likely go back in the future too.. But I also noticed that most of the top earners got their votes (basically the money) from the same people each time. On all their posts.
That basically ended up in thousands of new users each day, all of them tried their best and they earned a big fat zero, meanwhile the users who've been members for a few months still got $1000+ from their posts. No matter the quality and no matter the post. - That's pure BS in my opinion, and even though I was lucky enough to hit the "jackpot" a few times, I just can't work in such an environment.
And that's the main reason I decided to quit. Or at least pause my contributions on Steemit. - I do understand that some people will be more likely to earn more than others and I know that some people will have more luck then others.. But to basically give the same people ALL the money, each and everytime.. For whatever crap they post.. That's pure BS.
If you're interested I'd advice you to go back to Steemit once their currency have increased and when they've managed to find a proper solution on their voting system.
I'll keep you updated!
Best Regards,
hitmeasap
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I know Lynne, I know. Most authors got insane amounts of money for pure garbage content. Luckily, I wasn't one of them. I posted quality content and my freelancing related ones were the posts I earned the most money from too. I realized rather quickly that some of the so called "whales" on Steemit liked Freelancing ideas and freelancing content in general, so I focused on what I do best. Contributing things based on my own knowledge and my expertise. And they obviously liked it. :)
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I am glad that you found some success with it though Andre, it is nice when hard work pays off in some way... especially when it is money!
I am sure the "whales" might have been interested in how to make money freelancing lol, after all that is obviously why they were on Steemit in the first place :)
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TommyCarey
I would cash out whatever you have in your profile and leave your account. I too noticed a lot of people posting garbage and getting thousands of votes, which is ridiculous. I would post some great content and get diddly squat in return. I actually got accused of doing a copy and paste job because I didn't have many posts. I bet if I was there since day 1 and had a big following I wouldn't have gotten accused of being a copy/paster
Steemits concept is pretty good, but I saw a flaw pretty soon after I started reading forum threads about it. The money was controlled by the top players and I thought the top players knew each other, which now seems like I was right. This basically means that they are/were most likely investors in steemit.com and kept the money going between their accounts so that they really didn't have to pay anyone for posting content. Now I know that there were some people getting big pay days, but we don't know if those were secondary or fake accounts made by the owners. I know for a fact that some forum and platform owners make hundreds of accounts to populate the website with posts from different accounts to make it look active. Steemit took it one step further, maybe, and threw large cash outs into the mix. I'm sure there were a few accounts that did make some good money, just like yours, but those are strategic bidding moves in order to create positive content around the internet in order to grow the platform rapidly. No one wants to see "I made $0.25 today on steemit!" but if they see "I made $800 from one post on steemit today!" it will bring in the floods and people will post loads of content for free in order to chase the "get rich quick" dream
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