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Do you think it is possible to look at the family with earnings from the steem platform? by jlordc

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· @jlordc ·
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Do you think it is possible to look at the family with earnings from the steem platform?
<p>Depends mostly on where you live but it is not at all impossible. I do discourage everyone however to not solely rely on earnings from Steem as the prices are nowhere near stable and fluctuates too much.</p><p>I am from the Philippines where one could buy a simple affordable meal worth only $2-$3 that is enough to feed me, my wife and my child.  Assuming the price of Steem is at $1 and I earn at least 5 liquid Steem a day, then food expenses is already covered. </p><p>The surprising thing though is that the average salary for common people in the philippines is only around $10-$15 per day.  If I earn 20 liquid Steem per day here me and my family can at least live comfortably. </p><p>The problem however is the price of Steem in the market. When I first joined here, it was at $8 which now have dropped to $0.9. What's stopping it to go far more below right? And we don't gamble our families future for something not stable.</p><p>So yeah going back, it mostly depends where you live at but it is not at all impossible. :)</p>
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