The biggest mistake I made and it's why I started struggling, was not putting the money I made on these sites away. In 2021, the SBD price was at 7 dollars. I saved 90 SBD.
I ran low on my benefits, turned in the rewards from Steemit, and made almost 400.
My mistake was not putting money away in my savings.
I could have put away 100 dollars for each trade
then when things picked up on Hive put something away
When Coinbase notified me that I had to report my earnings on my taxes, Steemit started giving Steem which caused a huge loss due to Steem's price being lower. The entire time, I could have bought SBD with my Steem and traded on Ionomy (this was before it stopped issuing people's coins)
had I put away 100 dollars for each trade, when I had to give my grandma 125 dollars for the heating system, I would have had that to give her which would have allowed me to stretch my benefits, thus allowing more time for my rewards
Also when I saw how high Ion's fees were, I should have made a post asking folks for a better alternative, someone would have mentioned SimpleSwap
Ion's fees added to my struggle. If I made 60 bucks and the fees took away 40.
I did try to get other platforms monetized, but bouts when my views were lower than usual added to the challenge. Also due to not having a big following, I couldn't get Kofi/Patreon supporters. Patreon allows me to offer exclusive benefits.
Then my earnings started dipping on here and I couldn't figure out why.
Hive Watchers came after me because they thought I used other accounts of mine to upvote my posts when this was my only account. Maybe telling people this is the only account I have on Hive could have worked. It's possible, folks thought I was using bots/alternative accounts to vote for myself and stopped supporting me.
This is why you need to communicate and ask if I'm aware. I can't address what I don't know. Had someone pointed out that the accounts voting for me were fake, I could have made a post letting people know I have no association with/ the accounts.
Now that I know I need to be prepared. And I was not prepared for the earning dips.
Now that Ionomoy is a scam ( or maybe it's been all along and I didn't have issues until recently) I have to convert my blurt coins to Hive and I am using Simple Swap.
I also saw on Hive Engine I had coins I suppose were from communities that I posted in on Hive. I can trade those for Hive as well. It's a game changer.
It may not be big money, but it's around the amount I got in upvotes before my
earnings dipped/price changed. In case the price affects what people give you with their votes.
If I get back to what I was getting before, I will put money away for each exchange. Even its 30 dollars and I can do 2 trades, that's 60 that I saved
then 90 then 120 etc
I may have "retired" (I mean I will make videos for threespeak once in a blue moon, occasional blog posts for hive) I can promote my twitch, Tiktok etc via Peaked/Dbuzz to get more eyes on other socials in case you get sick of hive
