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What I Learnt After 1 Month at Steemit. by simply-me

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· @simply-me · (edited)
$178.59
What I Learnt After 1 Month at Steemit.
## After a month at Steemit, I have  not mastered the Steemit game yet,  but I kind of figured out a few things which I will share below.
  
My statistics are as follows: I have posted 303 posts (not all blogs, some comments & some replies to comments), followed 53 people and have 333 followers.  I like number 3, so this looks like a good sign for me. Thank you so much for supporting me on my journey.  Continue to tune in as we uncover more steemit mysteries together.

![](https://steemitimages.com/DQmery4Kqh6dbyJgdeXwR2mcHJC1bX8YyDo61T3PA6JAnit/image.png)

### One of my most memorable post is where I got **downvoted** by a few big guys/gals for posting something quite "controversial" I guess.  **The downvote amount was a staggering $46.86.**  Here's the post:
[How to get 40% to 50% ROI on Steemit - Fast Track for beginners](https://steemit.com/steemit/@simply-me/how-to-get-40-to-50-roi-on-steemit-fast-track-for-beginners)

For this post, the ROI was -9%.  If not for the downvotes, I could have gotten an ROI of 9%.



### I really thought I was helping out the newbies and I posted that post with really good intentions, but I was naive & I learnt the hard way.  Nevertheless, learned I did and one is never too old to learn.

Then, I got really obsessed with bidbots & I did more investigations.  I found more useful **tips & tricks** and I posted 1 more post on this issue:  

[How to use the bidbots wisely to ensure positive ROI for all. It’s all in your hand but you need to know how.](https://steemit.com/steemit/@simply-me/how-to-use-the-bidbots-wisely-to-ensure-positive-roi-for-all-it-s-all-in-your-hand-but-you-need-to-know-how)

My obsession with the bidbots continues & I spent hours observing how people use them & I posted this outcome:
[Bidbots: Two important parameters to observe before sending your bid: The Current ROI & The Max Suggested Bid.](https://steemit.com/steemit/@simply-me/two-important-parameters-to-observe-before-sending-your-bid-the-current-roi-and-the-max-suggested-bid)

I use bidbots sometimes and I reported a few ROI outcome.  One of them is this:
[My Earning Updates When Using Bidbots.](https://steemit.com/money/@simply-me/my-earning-updates-when-using-bidbots).

Here's the earning report for this: [How to use the bidbots wisely to ensure positive ROI for all. It’s all in your hand but you need to know how.](https://steemit.com/steemit/@simply-me/how-to-use-the-bidbots-wisely-to-ensure-positive-roi-for-all-it-s-all-in-your-hand-but-you-need-to-know-how) I spent 101.70 SBD on the bidbots & my earning was: 110.164SBD & 27.257SP .  This equates to an ROI of 35% which is not too shoddy. 

### Different people has different reasons to be on Steemit.  For me, initially, it was about the opportunity to monetize my content.  As it turns out, it is not straight forward like adsense or youtube.  Being in Steemit is like living in this world.  Just as there is a game of life that we play everyday, there is a game of life at Steemit.  Just as there is much to learn to be able to master the game of life here on earth, there is really a lot to learn to master the game of life on Steemit.  There is just too much information about steemit, some of which are misleading (especially the part where you can earn a living).  I have read a lot but I found that asking the right questions (or rather typing the right questions) will bring you closer to the answers that you are looking for.  I also found out that doing experiment is the fastest way to master something here on earth or at Steemit.  


## Several Ways to Earn At Steemit
* The obvious ways to earn at Steemit is via **content creation and content curation (by upvoting mostly).**  Just like in the real world, the obvious way to earn a living is by **working for yourself or working for someone else.**  **Working is the most difficult way to earn a living and make it big.** Make no mistake, its the same at Steemit, content creation and content curation is the most difficult way to make it big here.  But, if you have no other means, then, you have no choice, you have to survive right? 

* Another way to earn in the real world is **to run a business, take a loan and hopefully, the business give you a higher return on investment than the interest & capital repayment for the loan.**  In Steemit, this is done by using bidbots.  Do be careful when using bidbots.  If you use it blindly, you will lose a lot.  Refer to this post that I wrote:[How to use the bidbots wisely to ensure positive ROI for all. It’s all in your hand but you need to know how.](https://steemit.com/steemit/@simply-me/how-to-use-the-bidbots-wisely-to-ensure-positive-roi-for-all-it-s-all-in-your-hand-but-you-need-to-know-how).  Also make sure that when you use steembottracker.com :<h4>(i)The current ROI is NOT negative.
(ii)The Max Suggested bid is not ZERO. </h4>

* The next method is used by the rich, they've got money to invest , so they invest big, and they need not do any work.  **They make lots of money from their return on investment and the more they make the more they diversify and they make even more.  People literally beg to pay them more money, so they can make even more money.**  They keep most of it and distribute a small portion to those who paid them the money in the first place.  They go about promoting themselves by saying that if you give them your money, they will give you high returns.  At Steemit, this is how the big guys/gals and those above them operate and they really make money left, right, centre, everywhere.  The bidbots belongs to them.  So you pay them money & if you are lucky when using their service, you make some positive returns and they keep all the money & make more money from your money.  They also provide markets for you to loan out your Steem Power to others and they make money both ways.  This is called **delegating your SP** to the market.  You get to earn "interest" which is paid out to you on a regular basis.  You can also loan your Steem Power to them (this is delegating to their bots) and you get to earn "interest" which is paid out to you on a regular basis. The amount you earn is of course minuscule compared to that which they earn.  Just like in the real world!  There's no running away from using the services they provided. This is no different from the real world.  If you refuse to use their services, there are plenty of others who would.  This is just part of the game of life.  Those who can play it better, always win.  If you get in early on something & it becomes big, its your good luck.  Maybe your karma.  Just like the many stories of rags to riches on earth, there are also newbies who can make it big here at Steemit.  Just like on earth, they need to work hard, ask the right questions, hopefully meet the right people & they also need some luck. (i guess!)

* You can also **sell your votes** via this marketplace and you get to earn some curation rewards.  This is a bit like day trading CFDs, Forex, Indices in the real world.  The owner of the marketplace makes more by having more volumes.

* And one more way that I have found out within this one month is by **leasing Steem Power,** also done through the abovementioned marketplace.  There are many post about this and I kept on searching until I found it.  In the real world, it is analogous to an airline company which lease an aeroplane from the bank for a certain period of time, pay money for that lease and upon expiry of the lease, return the plane back to the bank.  The money paid for the lease is not refundable of course, this is the cost of the lease.  Of course, the airline can negotiate to extend the lease and paid for the lease again till the next expiry.


 
In my first week at Steemit, there were days that I really felt like I was an opposition leader in a country with a powerful dictator (& his cronies) who can do whatever they like & get away with it while the rest of us have to follow the rules. So, I kept on finding ways to overcome my limitations, I kept on reading and I stumbled across a picture that really made an impact on me. I forgot who the steemian was that authored the post. (I am sorry, I can't give you credit but if you happen to read this, please leave a comment below and I will credit you accordingly).  Here's the picture: (I found it in google after searching for many different search phrases)

![](https://steemitimages.com/DQmd1AvZNAKBHZ54rnmz94GW8A95axuCiBKrwqAJNUp7eFV/image.png)

Lo & behold, I clicked on the picture in google and it led me to this link.  Thank you @gold84 for the excellent post and picture which got stuck on my mind.

>https://steemkr.com/steem/@gold84/chapter-1-of-11-have-you-recently-sign-up-on-steemit-and-don-t-know-what-to-do-first-basic-things-for-new-people-make-their-way


### Conclusion:

<h3>Ways to Earn at Steemit: </h3>
1. Create content & curate content
2. Delegate your SP
3. Sell your votes
4. Lease your SP

### Marketplace where you can do action 2 to 4:

1.  [Minnowbooster](https://www.minnowbooster.com/vote-selling/?ref=905375)
2.  [Smartsteem](https://smartsteem.com?r=simply-me)
<a href="https://smartsteem.com?r=simply-me" target="_blank"><img src="https://smartsteem.com/static/smartsteem_banner.gif" /></a>


### Disclaimer: 

I use bidbots sometimes.  But when you do, please make sure you monitor these 2 important parameters at steembottracker.com before you send in your bids.  

Make sure that:
<h4>(i)The current ROI is NOT negative.
(ii)The Max Suggested bid is not ZERO. </h4>

For more info, refer here:

[How to use the bidbots wisely to ensure positive ROI for all. It’s all in your hand but you need to know how.](https://steemit.com/steemit/@simply-me/how-to-use-the-bidbots-wisely-to-ensure-positive-roi-for-all-it-s-all-in-your-hand-but-you-need-to-know-how)


### And last but not least.  Just as Cash is king in the real world, SP is king in Steemit.
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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vote details (52)
@anneporter ·
$0.03
Wow. U know what. Im saving this for future reads.  You provided links to lots of useful stuff. Thank u very much

For now..Upvoted and followed. Ill be looking forward to helpful stuff like these 😍😍😍
πŸ‘  
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@simply-me ·
$0.19
Glad you find this useful.  I spend many hours figuring these  things out.  I upvote your reply.
πŸ‘  
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@anneporter ·
went through your blog. You have a lot of good stuff. :) your growth in steemit is also inspiring.
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@brupvoter ·
re-simply-me-what-i-learnt-after-1-month-at-steemit-20180501t064325322z
You got a 11.91% upvote from @brupvoter courtesy of @simply-me!
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@flymehigh ·
re-simply-me-what-i-learnt-after-1-month-at-steemit-20180501t074336758z
Nice post ! You got 10.96% upvote from @flymehigh. Earn free sbd/steem daily by delegating(renting) your SP. We share high return, click here to [delegate your sp to flymehigh](https://steembottracker.com/delegation.html?delegatee=flymehigh) if you don't know, how to earn passive income by delegating your SP [click here](https://steemit.com/steemit/@flymehigh/how-to-earn-a-passive-income-on-steemit-how-to-delegate-rent-your-steem-power) for more info Join [our discord](https://discord.gg/4KV93EW) You can promote your posts. Thanks.
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@grammarnazi ·
Minor Correction
You have a minor misspelling in the following sentence: <blockquote> The amount you earn is of course miniscule compared to that which they earn.</blockquote> It should be <i>minuscule</i> instead of <i>miniscule</i>.
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@simply-me ·
$0.11
Gee, thanks.  I corrected it.  Much appreciated.
πŸ‘  
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@irinal ·
Very interesting information. You read and recognized so much. You rose so quickly. Thank you for the information. Now I will follow you.
πŸ‘  ,
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@simply-me ·
$0.10
Hi, glad you found it useful.  See you around.
πŸ‘  
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@lovejuice ·
re-simply-me-what-i-learnt-after-1-month-at-steemit-20180501t073942415z
This post has received a 5.26% upvote from @lovejuice thanks to @simply-me. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.
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@nafij-sura ·
$0.33
In 1 month you learn lot's.  But i can't.  I wish you will success in steemit. Have fun enjoy your self.  God bless you my friend.
πŸ‘  ,
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@simply-me ·
Thanks.  God bless you too. & I wish you success at Steemit
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@seakraken ·
re-simply-me-what-i-learnt-after-1-month-at-steemit-20180501t074445930z
Release the Kraken! You got a 3.77% upvote from @seakraken courtesy of @simply-me!
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@shares ·
re-simply-me-what-i-learnt-after-1-month-at-steemit-20180501t073422476z
This post has received a 5.57% UpGoat from @shares. Send at least 0.1 SBD to @shares with a post link in the memo field.

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@slimanepro ·
$0.76
Beautiful .. Yes, steemit is best place for creativity and the good profit
Well done for your words
Thanks for sharing
πŸ‘  , ,
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@simply-me ·
$0.04
Thank you for your encouragement.
πŸ‘  
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@sogdinero ·
$0.31
Life is a wonderful thing
πŸ‘  , ,
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@randombrownbear ·
Truth be told, it is more wonderful than we ever realize. Life in itself is such an amazing and beautiful thing that my compliments of it are just an injustice to it.
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@simply-me ·
$0.11
Nice quote.. There are also many different type of people living life in stewing and on earth.. My next topic....
πŸ‘  
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@steemboy9 ·
Amazing post! I love it. Hey UPVOTE my post: https://steemit.com/life/@cryptopaparazzi/chapter-one-let-there-be-the-man-and-there-was-a-man-let-there-be-a-woman-and-there-was-sex and FOLLOW ME and I ll do the same :)
πŸ‘Ž  
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vote details (1)
@transparencybot · (edited)
<h3>This post, with over $50.00 in bidbot payouts, has received votes from the following:</h3>

minnowbooster payout in the amount of $74 STU, $163 USD.
smartsteem payout in the amount of $52 STU, $114 USD.
rocky1 payout in the amount of $21 STU, $45 USD.
buildawhale payout in the amount of $15 STU, $33 USD.
upmewhale payout in the amount of $13 STU, $29 USD.
upme payout in the amount of $15 STU, $32 USD.
therising payout in the amount of $10 STU, $22 USD.
upboater payout in the amount of $2 STU, $5 USD.
thebot payout in the amount of $1 STU, $3 USD.
brupvoter payout in the amount of $1 STU, $2 USD.

**For a total calculated bidbot upvote value of $205 STU, $448 USD before curation, with approx. $51 USD curation being earned by the bidbots.**

This information is being presented in the interest of transparency on our platform @simply-me **and is by no means a judgement of your work.**
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@simply-me · (edited)
$0.10
The bidbots earned over 50 USD just like that!!!!! That's why I wish to own a bidbot so badly..
πŸ‘  
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@upmewhale ·
re-simply-me-what-i-learnt-after-1-month-at-steemit-20180501t071354058z
You got a 13.86% upvote from @upmewhale courtesy of @simply-me!

Earn 100% earning payout by delegating SP to @upmewhale. Visit http://www.upmewhale.com for details!
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