Is Steemit Worth My Time?
By: Ivy Riane
Tags: Finance, Cryptocurrency, Blockchain, Investing, Sentiment

Image Screenshot from Ordinary Reviews

I first created an account on Steemit back in September 2017 but didn’t post much until about 2 months ago because I was too busy working on other projects at the time so I couldn’t give Steem the attention that it deserved.

I look at my time on Steem now as a case study of sorts and have made sure to test out as many features as I could so I could report back with an unbiased viewpoint of whether or not it is actually worth your time.

The first point that I want to make is that Steemit is entirely free to sign up for and you never have to invest a dime of your own money into the platform if you choose not to. You have the option to invest in yourself on the platform but you don’t have to.

This is a great way to get started in crypto if you don’t have a lot of disposable income to invest. It will require consistent effort and a time commitment though if you plan on building out your profile.

What Is Steemit?

Steemit is a newish social media platform where you get paid to post content if you are successful in building a following and promoting yourself to get noticed by readers in your niche. There is a common misconception that “everyone” gets paid for posting but that isn’t always the case and its not guaranteed that you will get paid.

Steem was founded in 2016 by Ned Scott and Daniel Larimer, both with fairly extensive knowledge of business and remains in beta to this day.

The Concept of Steemit

Steemit is powered by blockchain tech and uses crypto (Steem) to reward users that upload written posts, images, memes, videos, live streams, etc. Others ways that users can get paid is through curation rewards. Users are half paid in Steem Power (SP- a vesting cryptocurrency) and the other half in Steem Dollars (SBD), that can be exchanged for fiat currency.

Getting Started and Building Out a Successful Profile

Image Screenshot from Crypto Mining Blog

I have built businesses before for myself and one thing that I would say is that building a Steemit profile should be viewed as building a business for yourself. If you choose to think about Steem as your own personal brand and business then you will be more likely to stick it out for the long haul honestly.

Learn about the payout and rewards system on Steem in order to maximize your time and effort to build the highest payouts for yourself.

Make friends with content creators that you feel are contributing valuable content to the blockchain by following, upvoting, and commenting on their posts consistently. Discord groups can be a great way to chat with friends and learn how to navigate Steemit. This was something that took a little bit of time for me to learn.

Contribute valuable content that is well thought out and doesn’t plagiarize any other content on the internet. The fastest ways to getting a bad reputation on Steemit are to post crap material, material that was written by someone else, or leaving garbage or hurtful comments.

Post consistently and content that is engaging and original will be key to gaining followers based upon my experience.

Overall, I have had a great experience on Steemit and have made many friends that I look forward to chatting with on Discord each day. I was recruited into Helpie pretty early on and I love that wonderful community. Other communities that you can look into are Minnow Project, PAL, and Promo-Mentors.

Have you used Steemit? I would love to hear what your experience has been like if you have! Follow me @socent if you have an account or create an account or send me a message on Discord @socent#3214.

Thanks for reading!

Ivy