Things I learned By Blogging on Steemit

Steemit is a new platform that rewards users with cryptocurrency for writing. And here the cryptocurrency is then be cashed out for the BTC or the ether. The power of the steem dollars is really good. Not many people have made much money but earning few dollars here and there is possible. I think steemit can be really good option for those who want to promote their own content to others and get paid by bitcoins. Though you have to cashout your steem dollars for bitcoins in order for that to work. It’s easy process as there are some sites where you can exchange steem dollars.

However the earning on steemit is not easy. The voting on your content needs to happen on regular basis. You just can’t write once and expect to make money with steemit. Also there are some of the issues wiht earning. Because here the value is harder to raise over. I have found that blog posts with good images get a lot of votes. And people discuss stuff on those pages. So they may get more value out of their writing. But not all the content can be compensated this way. You may have to blog on consistent basis and make people come to your post. Otherwise blogging over there is less likely to earn.

Is it a good passive income source? Not at all. In fact earning on steemit is so hard that you have more luck in working for mcondalds than making money there. Many people have reached their 1$ after one year. So it all depends on how your content can get viral. And how some of the posts that can make you money. If you can make some money from here then good for you. But in general it’s not easy to make money blogging from steemit. I wish there was a way for us to earn more. But so far most of the people talking about it are wasting time. There is no short cut for making money on steemit.

Have you tried using steemit?