Why is Steemit Awesome? Passive Income

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I love rental properties because they provide passive income. One thing I love about Steemit is you can create passive income as well.

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I found Steemit by researching unique crypto currencies. I saw the bitcoin craze, but I have never been one to speculate. Buying bitcoin or other currencies and hoping they go up in value is speculation. Buying houses and hoping they go up in value is speculation. Buying rentals properties that make money every month is investing. You can also invest with Steemit.

Why is Steemit more of an investment than other currencies?

While Steemit is confusing and tricky to figure out, it provides many different ways to make money. You can:

-write posts to earn money
-vote on posts to earn curration
-comment on posts to earn votes

You can also get more advanced with:
-vote on your own posts to make money
-buy votes from bots
-join groups to get votes
-pay for lifetime votes

You can earn passive income with:
-delegating Steem Power
-delegating votes

Most currencies allow you to make money by buying that currency and hoping it goes up. Steem gives you multiple ways to create income through effort or delegation. I love it!

You could buy Steem, convert it to Steem Power, and delegate it to minnowbooster@minnowbooster or smartsteem@smartsteem and make a healthy return every day. It takes almost no work or effort. You can also sell your votes to those places as well and make a healthy daily return with no work.

You can do a combination of posting, commenting, curatting, delegating, investing, and networking to build an incredible income.

Why is passive income key?

I think earning money is great, but passive income is better. Passive income comes without working. The more passive income you have the more freedom and security you have. That is why I love rentals. The fact you can create passive income with Steem is huge.

https://investfourmore.com/2018/01/15/achieve-financial-freedom/

As more people realize the possibilities of Steem, it will only get better. I am estatic I found it and can't wait for the future!

What is your favorite thing about Steemit?

Why is Steemit Awesome? Passive Income | Ecency