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RE: Does Steemit Really Work? You Wouldn't Believe Me Even if I Told You

in #life7 years ago

even if in the wallet, it says that the value of my account is 800$? I have only just started to make more upvotes the last 3 weeks.
Today I just claimed a post that had 6,50SBD pay out, I only received 2,50SBD of it and very little SP
I have noticed that lately, authors rewards are very low.

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The estimated account value in your wallet doesn't account for the value of one SBD being more than $1.

I helped a friend here the other day. SBD was trading for $13 each on the market. He had 50 SBD. Once he used the currency market to sell the SBD and buy STEEM, his account value went from under $100 to over $500. Then, we waited a few days and watched the value of STEEM rise... and his account value is now over $1000.

There's a lot to learn but once you start playing your cards right, things start looking pretty damn good.

I had something like 100SBD and I converted into Steem with the convert into steem button, instead of going to the market and I lost a lot of money :(
I am learning on my skin.
Thanks, very informative!

Yes, everyone seems to make that silly mistake. I did it too, a long time ago.

This talk made me curious. I'm nosy. I looked in your wallet. You sent 3.469 SBD to buildawhale. That was actually worth just over 28 US dollars. I'm not sure what you'll get out of supporting something like buildawhale. I feel you have enough natural talent to be able to succeed here without dealing with those services.

well, I sent it to them and the vote pay back was 10SBD.
Let's see how much I will get as pay out tomorrow. Let's see if it is worth. I am doing it because if I don't invest somehow, it will take ages and I don't always have time to make videos and write- even if I am making the effort

Everything you do is up to you. The total doesn't add up to 10 sbd though. After curators take their cut(yes buildawhale now takes a portion of the curation reward too) and your payout is split into SBD and Steempower, you might either break even or see a tiny increase. When you do the math, then go look at how much money themarkymark is making by taking money from people in this fashion... you might reconsider.

I will tell you tomorrow, when I have the pay out of this post. It was already 6 days old...

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