So I finally took the plunge…
I put it all in Steemit. Wait! I have to be honest with you: Truth is, I put most of my altcoin holdings into Steemit.
My Portfolio ^
Steem is just more practical for me at this point.
If you are a creator, someone who wants to turn a hobby into a business or full time income, Steemit is the place to be. Your followers can directly contribute to your posts without giving you money themselves, it is a win-win scenario for all involved. While other coins may yield greater gains, by owning Steem, creators like me can build their influence in the platform. With influence in the platform, these creators get closer to reaching their dream, writing, painting, producing, etc. for a living.
Rather than HODLing useless coins, I bought Steemit!
As a small time video creator, owning Steem and producing content for the Steem platform makes more sense for me than owning these random coins. After all, the more Steem you have the greater your rewards!
It’s not all about the money!
I am talking mostly about financial benefits in this article, mostly to convince other creators to join, but that is not the only benefit of using Steem. With a larger Steemit influence, creators will be able to reach a larger audience and build their following. This helps them create, entertain, and otherwise provide value for more people. This is the primary reason why I am doubling down on my Steemit account, so I can help educate and entertain more people.
Shameless Plug Time!
Follow me here for more posts like this! It would mean the world to me!
Why Now?
Let’s be frank… Discovery on Steemit is not the best. For new users, finding content from obscure creators can be difficult. For this reason, it is hard for minnows to grow, and few people return to the site besides die hard fans. However, the Steemit platform is still under development and is constantly changing, so other discovery methods could be implemented to fix this problem.
Big Bois
Additionally, a few larger YouTubers are starting to adopt the Steemit platform. This is great for the community, as these larger channels can promote the platform to their users. The channels are incentivized to do this, because Steemit is so lucrative. I’ve even seen some of these creators offer special incentives for their Steemit followers, such as early videos or unique content. Because of this promotion, I believe the Steemit platform will continue to grow in terms of user base. Yay!
Wrapping Up…
That wraps up my thoughts on the topic. I wanted to keep you all informed on the moves I make regarding cryptocurrency and my portfolio. Any comments or questions? Leave them below, and I will get back to you! Again, if you enjoyed the post be sure to follow me on Steemit!
Thanks, have a great day!