What I Have Learned During My First 60 Days On Steemit.com by jrcornel

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steemit · @jrcornel · Sep 20 '16 (edited)

$48.26

What I Have Learned During My First 60 Days On Steemit.com

<html>
<p>Hello everyone! I'd like to give you all a little insight into my experiences on Steemit and what I've learned over the last &nbsp;60 days. But first a little backstory as to how I heard about the site...</p>
<p><strong>Backstory...</strong></p>
<p>It was late July and I was sitting at home trading stocks with the finance channel (CNBC) blaring to help keep me up to date on the world's latest breaking news that might affect the markets. Only, something different was mentioned today. One of the founders of Steemit.com (don't remember if it was @ned or @dantheman) came on the show and was talking about a revolutionary social media platform that was going to pay its users for the content they contributed...</p>
<p>I thought now here is a novel idea... paying people for the work they do... I need to look into this.&nbsp;</p>
<p>I signed up a couple minutes later and had my first post ready and submitted within hours. The rest of that day I researched and read everything I could about Steemit and cryptocurrency in general. I had no previous experience in cryptocurrency but I was pretty experienced in financial markets in general and had heard a great deal about Bitcoin over the years. I felt like this was finally something I had been looking for... something I had been waiting for... and it didn't even cost me a dime to sign up!&nbsp;Just my time!</p>
<p>As I dived deeper into the platform these are some of the things I have learned over the past 2 months:</p>
<h2><strong>1. Things they are a-changin</strong></h2>
<p>https://www.steemimg.com/images/2016/09/20/photo-jul-03-9-58-05-amf74cd.jpg</p>
<p>Since the day I signed up a lot of things have changed. There was no reputation number next to each poster's name, a lot of the posts being submitted didn't have pictures, the chat rooms were not used much, there was no reblog feature, the entire profile and back office for each user looked much different, and introductory posts were guaranteed money makers!</p>
<p>However, since that time... the one constant has been change. Although, that is not necessarily a bad thing. The site is currently still in beta testing mode while upgrades and changes are tinkered with before the hard launch takes place. What the site looks like today could be very different than what it looks like a few years from now...</p>
<h2><strong>2. It is not for those after the quick buck</strong></h2>
<p>https://www.steemimg.com/images/2016/09/20/a_quick_buck__by_alex_aldridge-d8rh04bb6956.jpg</p>
<p>(Do you see what I did there?)</p>
<p>Not sure if you have been around long, but when I signed up there were a couple quasi celebrities signing up and bragging about the thousands of dollars they were making with very little effort on their part. It was enough to make the little guy sick. Thankfully that has died down quite a bit since then. For most people they will need to put in the time building an audience before they ever see any real rewards. So, anyone looking to make a quick cash grab, unless you are Kim Kardashian, this site is probably not for you...</p>
<h2><strong>3. The price of steem trends down... for now</strong></h2>
<p>https://www.steemimg.com/images/2016/09/20/chart20be33.jpg</p>
<p>Take a look for yourself. The chart shows it all. There are several reasons for this but I won't really go into the specifics of it here. Just know that there are ideas being thrown around to better support the currency, also any long term investor in steemit shouldn't be worried about the day to day fluctuations in the price of Steem. I have only been around for the last 2 months so I have basically only experienced a down trend, but take a look at that chart before this downtrend...The price had exploded skyward thousands of percent and now is simply retracing that moonshot. As of today, the price has not even retraced all of those gains, if that gives you any kind of idea how big of a move up was...</p>
<h2><strong>4. Through hard work and persistence you can earn real money</strong></h2>
<p>https://www.steemimg.com/images/2016/09/20/The-Benefits-of-Hard-Work22a03.jpg</p>
<p>Once you decide what areas you are the most knowledgeable in and what areas you would like to blog about, you can go about cultivating an audience. It took me almost a month before I ever saw a post go over $1. There is no telling when that will happen for each user, but if you keep working at it, it will happen. I invested no money to start with and I joined after the initial pump, yet today I still could take out a couple hundred dollars of real money any time I want. That is not bad considering I would be doing similar things on other social media sites only with no monetary gain. The main takeaway is... don't give up!</p>
<h2>5. Don't try to game the system or you will find yourself on the outside looking in rather quickly</h2>
<p>https://www.steemimg.com/images/2016/09/20/1460803_209110c9f6.jpg</p>
<p>Don't get suckered into the jealousy trap of seeing how much others are making and think that you need to take shortcuts in order to get to where they are. Several posters have tried this either by plagiarizing, taking advantage of other's kindness, or by using technology to improve their standing... in most cases it came back and bit them in the butt. They were flagged, reputation destroyed, and now are either hidden or off the site all together. Don't let that be you...</p>
<h2>6. Steemit is a popularity contest, but so is life</h2>
<p>https://www.steemimg.com/images/2016/09/20/034E5F850000044D-0-image-a-1_1438363344774f9601.jpg</p>
<p>As mentioned previously, there are certain users that have an inherent advantage over other users. The ones that are already popular outside of the site and have a strong reputation for one reason or another are able to hit the ground running when they sign up for Steemit. Most people don't have that luxury, so they have to build up their brand the hard way. The more people that you can bring from outside the site the easier it will be for you to build a reputation and ultimately make money on Steemit.</p>
<h2>7. The length of time spent crafting a post has no correlation to rewards earned</h2>
<p>https://www.steemimg.com/images/2016/09/20/lifes-not-faire1225.jpg</p>
<p>Unfortunately, there is no correlation between time spent creating a post and rewards earned on said post. Especially when you first start out. If the best post in the world is written, yet no one reads it, is it really the best post in the world? You have to market yourself and your post! You also have to give the people what they want. Meaning, you need to spend some time learning what kind of posts do well and what ones do not. Then, as you build an audience your rewards will get a lot closer to matching the effort put into each post...</p>
<h2>8. Project Curie is a life saver&nbsp;</h2>
<p>Even taking into account all the advice mentioned above, I still would have had only a couple posts go over $1 in value if it weren't for Project Curie @curie. A fellow author found me and showed me the light, @kevinwong. If not for him and @donkeypong I would have never found Project Curie and probably would have left the site out of discouragement by now.&nbsp;</p>
<p>What is Project Curie you might be wondering?&nbsp;</p>
<p>It is a collective of authors and whales who have pooled their resources with the sole purpose of finding great posts buried in the rubble and ultimately help less seen authors get off the ground. Project Curie votes for content they deem has wrongfully been ignored by the larger community. Then after rewarding authors for their work and shining a light on them, the hope is that the authors can better build their own brand and create a self funding blog on their own. Thus contributing to the overall diversity of the site.</p>
<h2>9. Mankind is more selfless than I originally thought</h2>
<p>https://www.steemimg.com/images/2016/09/20/104345babca.jpg</p>
<p>To go along with what I posted above, there are several groups out there that have solely been created to help the smaller authors get noticed. These groups don't get monetary rewards out of this process yet they are donating their own time and their own resources. It truly is a selfless act! Without groups like these, the new guys signing up would have a very difficult task ahead of them to ever make any money on the site.</p>
<h2>10. You get out of it what you put into it</h2>
<p>https://www.steemimg.com/images/2016/09/20/2566ddabf624d933f7b4c74087813d1201c36.jpg</p>
<p>Like most things in life, the more you put into it, the more you will ultimately get out of it. If you spend the time cultivating an audience, networking with other users, creating good content, interacting with the community, and ultimately just putting in the hard work, you will reap rewards from this site.&nbsp;</p>
<p>The question belongs to you... will you put in the sweat equity to ultimately see the fruits of your labor?</p>
<p>Live well my friends!</p>
<p>Image Sources:</p>
<p>1. http://thehiveblog.com/arco-avenue-gets-a-facelift/</p>
<p>2. http://alex-aldridge.deviantart.com/art/A-Quick-Buck-529872347</p>
<p>3. https://coinmarketcap.com/currencies/steem/</p>
<p>4. http://www.successpraxis.com/the-benefits-of-hard-work/</p>
<p>5. http://www.statecollege.com/news/columns/willful-ignorance-gaming-the-system-the-decline-of-trust-in-our-society,1460803/</p>
<p>6. http://www.dailymail.co.uk/sciencetech/article-3181611/The-curse-cool-Kids-popular-school-losers-adults-claims-study.html</p>
<p>7. https://johnscottstories.com/2012/10/16/gaming-the-system/</p>
<p>8. http://www.mma-core.com/photos/True_activism_Mission_vision_strategy_execution_and_RESULTS_Thanks_for_your_selfless_acts_to_bring_mankind_together/104345</p>
<p>9. https://www.pinterest.com/pin/481181541414193573/</p>
<p>Follow: @jrcornel</p>
</html>

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vote details (153)

voter	rshares	pct
nextgen11	1,500,673,779	36%
nextgen12	1,500,620,653	36%
nextgen13	1,500,639,218	36%
nextgen16	1,500,626,501	36%
barrie	569,508,040,981	100%
xeldal	5,779,556,455,033	100%
enki	4,665,275,580,953	100%
abit	4,814,117,275,073	67%
roadscape	6,203,590,295,027	84%
boy	5,599,167,624	100%
bue-witness	6,799,401,524	100%
bunny	1,220,798,847	100%
bue	100,470,642,881	100%
mini	2,999,683,510	100%
moon	385,204,210	100%
mrs.agsexplorer	116,515,201,048	100%
bingo-0	8,983,474,323	100%
bingo-1	2,015,962,156	100%
pairmike	170,483,284,446	100%
healthcare	1,126,692,752	100%
daniel.pan	1,765,261,331	100%
donkeypong	2,646,479,284,441	100%
coindup	96,106,975,989	100%
helen.tan	519,603,443	100%
piedpiper	190,913,865,323	26%
smooth-e	75,738,974,061	36%
acidsun	79,923,516,660	100%
edgeland	133,401,197,428	100%
craig-grant	415,454,550,504	100%
germanaure	7,260,376,374	100%
mranderson	10,465,328,259	100%
richman	17,759,404,056	100%
acidyo	10,765,056,294	36%
klye	43,862,941,570	100%
coar	494,583,697	100%
kevinwong	581,192,197,799	100%
murh	1,053,225,775	33.01%
dragonslayer109	208,281,560,685	100%
cyber	1,067,682,618,878	100%
thecryptofiend	54,710,418,276	100%
the-alien	516,779,014,246	100%
kenny-crane	108,441,927,772	100%
will-zewe	105,434,982,299	52%
infovore	593,111,864,272	100%
anwenbaumeister	797,001,753,352	100%
unonimity	94,028,634	100%
magnebit	13,599,967,181	100%
bitcoinmeister	12,456,685,982	100%
bacchist	76,707,061,086	100%
steamit	5,743,371,827	100%
manoami	9,885,627,238	100%
slowwalker	220,538,795,985	25%
jacor	171,992,961,245	100%
cynetyc	171,928,666	100%
nichoros	5,499,343,592	100%
sebastien	16,613,405,096	100%
diana.catherine	38,706,247,583	100%
karenmckersie	644,620,204	100%
allmonitors	11,812,376,786	100%
luisucv34	925,068,755	100%
btcbtcbtc20155	6,507,550,086	100%
blueorgy	167,769,165,856	100%
opheliafu	179,635,557,513	100%
rpf	9,180,779,189	100%
bitcoiner	6,046,300,814	100%
bola	2,237,896,675	25%
rea	98,490,659,511	100%
oecp85	2,273,695,583	100%
streak	73,682,378	100%
trisnawati	168,371,825	100%
bkkshadow	7,508,192,624	100%
remlaps	2,413,766,983	100%
bullionstackers	1,556,880,013	31%
pulpably	224,751,766	100%
williambanks	40,547,407,881	100%
jasonstaggers	22,595,778,048	50%
karenb54	5,274,680,579	100%
theprophet0	15,536,169,448	100%
sykochica	3,932,523,997	33%
merej99	4,903,979,005	100%
laonie1	23,031,256,077	100%
laonie2	25,694,577,701	100%
laonie3	25,703,062,802	100%
ullikume	3,470,442,178	100%
laonie4	25,698,672,288	100%
laonie5	25,695,943,701	100%
laonie6	25,692,525,190	100%
laonie7	25,686,912,438	100%
laonie8	25,682,174,123	100%
laonie9	25,680,246,217	100%
randyclemens	15,858,289,074	100%
future24	598,656,817	100%
cryptos	21,945,365,319	33%
jrcornel	4,428,671,024	100%
melek	5,416,443,164	100%
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lightsplasher	3,419,073,176	100%
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sarita	2,009,641,360	100%
kyriacos	13,867,031,131	39%
pjheinz	14,347,710,431	100%
gammagooblin	2,282,958,963	100%
jsantana	1,893,686,295	100%
cryptomancer	13,288,851,014	100%
mada	15,609,575,907	100%
laonie10	25,671,800,373	100%
wuyueling	583,046,223	100%
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hilarski	8,754,472,519	20%
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anomaly	182,168,005	100%
lifeisawesome	154,449,330,227	100%
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mrnayeris	50,271,840	100%
forestwest	147,254,081	100%
ivy7	146,788,966	100%
andywong31	0	100%

@allmonitors · Sep 20 '16

awesome experience

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@jrcornel · Sep 20 '16

Thank you! It looks like yours has been pretty awesome as well!

properties (22)

@ballinconscious · Sep 21 '16

Wow great post, upvoted and following ^_^ I've been lost on what to do for a lately with my creations. **5** and **6** on your list are really true to me, cause I do have the jealousy and I see how easy it is for public figures to do well.  Also I'm very good at gaming systems like video games. Mostly because of that feeling that I'm waaay behind everyone else and that I need to catch up.  its tempting to try to do that. 

What really prevents me from finding a way to do that is how much I see steemit as a community.  I see the ones who game the system or the public figures who don't really need to write about anything big to do well. But I also see those who are helping others out for nothing and I generally want to help people with what I create. 

Like you said(paraphrasing, things on steemit just reflect that which we see in life. It best to become the things which you admire the most.

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@jrcornel · Sep 21 '16

Thank you! Just don't give up... trust me. All it could take is one post to really get you moving. Also remember that this is still the early stages... if steemit were to take off the SP you are holding right now could be much more valuable in the future. If it doesn't... oh well... it didn't cost me anything except my time.

properties (22)

@ballinconscious · Sep 22 '16

Yep, your right. thanks for the advice. Also this is a great place to learn how to represent myself better for my business that im just starting.

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4 replies

@cryptomancer · Sep 20 '16

Great reflections on lessons learned so far.  Project Curie is something I'm just learning about now.  It's comforting to know that such initiatives exist, and they actually have a big incentive to do what they do because it helps increase the network effect of the site, which is ultimately what will snowball to increase the overall popularity of Steemit.  I'm following @curie now and will make an effort to check out some of the highlighted authors.

Your Steem price chart really puts things in perspective.  Looking at just the downtrend, one can become alarmed, but when you pull back to look at the whole thing and not just the last couple months, then it becomes clear what's happening.  Classic retracement pattern as you say, and a good chance to buy more Steem on the way down as we get closer to pre-pump price levels.

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@jrcornel · Sep 20 '16

Bingo. Can you imagine what the site will be like with double the user base? 10X the user base? I mean if we keep building, getting things ironed out there is no reason on a hard launch that the site doesn't absolutely explode. You could be looking at $10+ steem or something like that...

👍 cryptomancer

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@cryptomancer · Sep 20 '16

Haha, I try not to indulge too much in speculative wishful thinking, but here's hoping!

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1 reply

@cynetyc · Sep 20 '16

Very interesting @jrcornel today I just read some articles from @curie , but I followed them after your post!
PS: That ant is Superman I tell you!

👍 cynetyc

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@jrcornel · Sep 20 '16

Haha really? That is great! Curie will help get your posts noticed! Just keep putting out good content and the rewards will come.

👍 cynetyc

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@forestwest · Sep 23 '16

Having just been introduced to steemit only a few days ago this has been a very helpful article. Thank you!

👍 forestwest

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@jrcornel · Sep 23 '16

You got it! Let me know if you have any questions :)

👍 forestwest

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@jlufer · Sep 20 '16

Excellent point of view, my congratulations on the results of these 60 days, extraordinary his post

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@jrcornel · Sep 20 '16

Thank you! Not at the point that I'd like to be at yet... but I am seeing growth and that is what is the most exciting to me. Imagine would could happen if this site were to double its user base or even 10X it?

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@karenb54 · Sep 20 '16

I am trying, It's slowly picking up but like you said you have to put the work in

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@jrcornel · Sep 21 '16

Just keep plugging away. Don't get caught up in the day to day as much as the overall trend... are you growing? Are you seeing growth?

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@karenb54 · Sep 21 '16

No not really. I'm working hard, I read and comment loads but I only post once a day

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2 replies

@king3071 · Sep 22 '16

Great post !  This shows you will be  definitely rewarded , keep the hard work going.

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@jrcornel · Sep 24 '16

Thank you! I see you are moving up as well!

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@lecrazycanuckeh · Sep 20 '16

@jrcornel  Great post with a lot of truths and nice pics to go with!  Cheers

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@jrcornel · Sep 20 '16

Thank you very much! It came from the heart :)

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@merej99 · Sep 20 '16

I'll be celebrating 60 days on Steemit in two more days and I've pretty much got the same experience.  It took a lot of work, commenting, and socializing to get to where I am, but at the end of the day, I know that consistency has always been king.  I didn't come in with a huge following and certainly only one of my friends signed on after I shared my excitement.  They haven't been active since.  But hey, it's not for everyone.  Thanks for sharing your experience and giving new people a **real** view of the Steem experience.

I admit that the articles I've researched and taken hours to write don't do as well as some of my photographs and art, but I will continue to put out the content that I love because I don't want to be pigeon-holed into one aspect of my creativity.  It's frustrating sometimes, but who am I to complain?

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@jrcornel · Sep 20 '16

I hear you! There are several factors that go into deciding how much a post will ultimately earn... unfortunately time spent is only one of those factors... As you get a larger following they tend to balance out a little better, but it will never be a 1 to 1 correlation.

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@opheliafu · Sep 21 '16

A great piece of writing, with good observations!

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@jrcornel · Sep 21 '16

Thank you!

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@piedpiper · Sep 20 '16

Good to have you on board!

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@jrcornel · Sep 20 '16 (edited)

Thank you! It's good to be on board! :) Right now there are what? Just over 10k users correct? Can you imagine would could happen to the price of steem if say the site gets 100k users or 1M users on a hard launch of the site? I mean  people are complaining about the price but it is still in beta testing mode... the time to be complaining about the price is years after the hard launch... am I right? :)

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@piedpiper · Sep 20 '16 (edited)

Yeah, it took bitcoin four years to finally hit critical mass and take off... and steem is much easier for the masses to start using.

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1 reply

@runridefly · Sep 20 '16

Awesome Post!  What an amazing rollercoaster ride it has been. For myself, I was so tired of facebook and when I heard about steemit, I didn't hesitate.    

I knew it was going to be a hard climb.  Weeks of no votes or no votes with Steem Power backing them, can break a lesser man.   The best moment was seeing @blocktrades at the top of the upvote list on my introducemyself.   It was like the day I got my first bmx bike as a kid. 

I still take my time to open my blog to see where my post is.  Its usually around a few cents and that is way better than zero.

👍 runridefly

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@jrcornel · Sep 20 '16 (edited)

Haha yes it can! It almost broke me several times!

I have never had @blocktrades vote on any of my posts (maybe we can get him to vote this one?;)) but I get what you mean... I felt that way when I had my first dolphin vote for me :)

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@runridefly · Sep 21 '16 (edited)

@jrcornel, you got a good foundation like @lifeisawesome to support you.  You're going places.

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3 replies

@shadowspub · Sep 24 '16

hello @jrcornel, I stopped back to let you know you were one of my favourite reads today. [You can see what I wrote about you here](https://steemit.com/curation/@shadowspub/sept-23-steemit-ramble-notes-on-my-favourite-reads)

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@jrcornel · Sep 24 '16

Thank you very much for the kind words! I do put a lot of thought and effort into my posts. I am glad that you enjoyed reading that one. Hope I can put out many more that catch your eye :)

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@stephmckenzie · Sep 20 '16

This has been very similar to my own experience on Steemit. You speak the truth, @jrcornel. :)

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@jrcornel · Sep 20 '16

Thank you! Can't wait to see what happens as the site grows...

properties (22)

@williambanks · Sep 20 '16

Upvtoted!  This is great content.  I'm resteeming it as well!

properties (22)

`author`	williambanks
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@jrcornel · Sep 20 '16

Thank you! I really liked your post about bots and AI that you put out last week... it even inspired me to write a post on the subject the other day :)

👍 williambanks

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