Dreaming of passive income...
The goal is to earn so much that I can make a living from what is passively generated every day. OF course, it might be a question whether or not Steemit is passive income or not. WEll, what do you think? I must admit that writing a daily article on Steem is just fun, so I absolutely consider it to be passive income. Of course, if I didn't write anything, and I would earn so much SP simply by voting following a trail, that would be even more passive, but still, if I could earn enough of Steemit every day to pay for my food, that would be awesome.
But, if I combine my daily earnings on Steemit, with the earnings on other platforms, then it is starting to get better.
But, the big question is whether I should withdraw the daily income to actually spend it, or should I accumulate, so that in even more years, I will overall earn more and hopefully, generate even more?
So, there is inflation on Steemit, meaning that most likely, my Steemit tokens will be worth less in the future. Bitcoin is different, but that doesn't really bring a lot of additional income. It is always a question if I should take profit now and spend it, or if I should withdraw profit that I plan on spending if the markets drop, and there are several other options like this that I am currently thinking about and trying to find out what I should do.
Do you have any wisdom in such matters?
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