Steemit... What was your reaction the first time you heard that word? Confusion right? Yeah! What more? Did they tell you it is a platform where you spend nothing but makes something? For a doubting Thomas like me, you probably asked for a proof and when shown lots of SBD's and how it can be traded, you knew you just have to be on this platform. Well, I can't blame us for doubting at first because most of us had it bad with Ponzi scheme and so we believe nothing like free money or maybe steemit is different.
Some months down the steemit journey which you started with so much enthusiasm, some of us have realised that we were told so much lies about steemit and have decided to give up. Others have become frustrated and not blogging as they used to and a good number is still questioning how the system works. So much lies right? Let's review what lies they may have told us.
Pixabay
Steemit is a social media. How nice isn't it? It may just be like Facebook or other social media where I am shown people to follow and have mutual friends. The more the merrier.
You earn when someone upvotes your post. How amazing! How about going on a steemit evangelism and inviting all my colleagues, church members and family. If i can have like 200 of them, we can always upvote for upvote and in no time, we would all make so much money.
Make a great post and drop in link rooms: nice one. I'll join as many link rooms as possible and keep dropping my links and then go to sleep and wake up to see a lot of dollars on my post. Surely those in the link room must be there looking out for great posts like mine.
You can write about anything. That's so easy. How about take a picture of myself on bed in a nightie? Or I have a great idea, how about I tell a story of how I broke up with my boyfriend and post it and make so much money. They said anything right?
You can post as many times as you like: oh mama! I am soon going to buy you a nice car, just watch steemit make me rich.
We rushed in with such mindset about everything we heard not seeking to know more and then we are stuck along the way when we find out the hidden truths:-
Steemit has Steem Power. The Steem power you have determines your worth on the steemit platform or ecosystem. The more your steem power the more control you have over post payout and curation rewards. Let's just call it your shareholder's token on steemit. It doesn't matter how many upvote you, if their SP worth nothing, you make nothing.
Steemit is all about quality posts. You don't just pick up articles that are not original and post or write about anything and everything and expect to earn. You have to ensure it is of quality and have a target audience in mind while writing. Your images has to be free licence images and well sourced.
Steemit is more of a business platform than a social media: To be recognized on steemit, one has to invest. Remember the higher your SP, the higher your vote worth and the more you make. Those who understands this principle have invested and are reaping the interests. These are the people we call whales and if one of them visit our blogs, you know what that means. Not every large payout is from people liking a particular posts. People pay bots to get high upvotes on their post. That is still investment.
Steemit has flag buttons: steemit has rules and regulations which must be obeyed. It frowns at spamming and plagiarism and when one is found guilty, such a person will be flagged and it doesn't do well for your reputation. Also, not everyone is nice when you drop irrelavant comments or disagree with their posts, you could get flagged to oblivion.
Steemit is an ecosystem: you cannot survive alone on steemit. You need to be a part of a community. You don't just join link rooms and drop links to your awesome post and expect upvotes without interacting by upvoting others,making constructive comments and being active in the various groups.
Steemit has bandwidth. Bandwith is a system that ensures the steem block chain do not get unnecessarily flooded. Bandwith is allocated according to your SP. Basically, minnows have low bandwidths. Bandwith is used for voting, commenting, following others and using steem even editing. Doing too much of these activities will get your bandwith exceeded and you will have to power up or wait it out before you can continue.
It turns out there are so many things we never knew at first or we knew but misunderstood but now know better. If you had known all these, would you still be on steemit? Information is power, right association is the password. Just like every other business, hardwork, consistency and determination yields a great output on steemit. Steemit is a money making platform. Regardless of how low your payout is, go back to your drawing board and restrategize.
Pixabay
It only takes just one day and the right person to make a change on steemit. Keep steeming!