Can anyone identify with this? You spend a fair bit of time writing a sensational post, proof it, and add in wonderful picture to make the article a work of art. As you hit the post button, you are so excited. This one is really going to wow them. Everyone will upvote this.
You go to take care of some things, returning an hour later full of excitement. You open up your Steemit page, click on your posts, and BOOM....total let down.
The damn post netted you $.25. How can you get anywhere with that? You go to steem.supply only to be further disheartened to realize the post netted you approximately $.18. Now don't go spending that .17 steem all in one place.
I have good news for you: You are looking at it all wrong. Judging your payments by the number today is foolhardy. There is absolutely no reason to de-motivate yourself by thinking that way. There is another approach which is based in sound reasoning on the cryptocurrency market. I call it the power of 10.
How would you feel if every post you put up netted you $1.80 instead of $.18? Would that motivate you a bit more? Sure you aren't retiring on it but that is a start. That is something to build from at least.
Well, I am here to tell you that your $.18 post is going to be $1.80 down the road. Whatever you are bringing in on Steemit, multiply it by 10. This is what you are looking at in earnings in a couple years.
How can I make this claim. My reasoning is two fold.
A. The present cryptocurrency market is $150B....once the Wall Street money starts to roll in, it will be at least $1.5T. I easily see the crypto market going up ten-fold in the next couple years. Heck, I even saw a headline today that said Mike Novogratz put together $500M for cryptocurrency. This is one guy and he raised 1/2 a billion dollars. One thing Wall Street can do, they can market the hell out of an investment and peddle it to a lot of wealthy people.
B. Steem at $1.06 is a joke. If you look at this blockchain, you will see how valuable it really is. Steem does more transactions than either Bitcoin or Ethereum with almost no delay. The tokens representing those blockchains are prices at around $4,800 and $300 respectively. We don't want to get crazy here but a $10 value on Steem well within reason. I posted an article yesterday about why I powered up on this pull back.
Thinking in these terms means that you are starting to understand the future. The radical returns that crpto already saw are far from over. Many want to throw around the term "bubble" which means they are looking at this stuff from a financial perspective. If, however, you take a technological perspective, you will realize that Steem is going to be a force in the future. Will it be the most successful blockchain? I am not going to say that. What I will say is that I do not believe Steem will fail. I also believe there is a much greater high side to this.
So stay motivated. Keep posting, commenting, and upvoting. When you feel yourself getting discouraged, go to your wallet and the account value by 10. This, in my opinion, is the true reflection of what it is.
If you found this post useful, please give me an upvote and resteem it.
Images by google pics.