Nobody ever became a millionaire just by blogging...It takes much more than that.
Let's face it. Nobody ever made it to "whale status" just by blogging on steem. As a matter of fact I don't even know if anyone made it to orca status either. Note that Steem is almost 4 years old and that long before the glorious bull-run of 2017/18, when just a handful of people used to be around it was much easier to be noticed, or at least, those who did get noticed had a brilliant chance to build their accounts really fast.
And before you crucify me, remember...
...that while the value of steem one would earn was pretty much the same, there was no SBD debt...so the smart ones, those who didn't convert their sbd's to Steem straight away but were patient enough to hold it, had a perfect chance to trade it for 5/1 or even 6/1. But all these...belong to the past, and the truth is that not many of that old guard is still around. Either because the price fell like a rock, or because they kept cashing out thinking that the golden goose will provide golden eggs everyday...
It didn't...
But the main reason I am writing these lines isn't to highlight the fact that "we are the good guys while they aren't"...but to make those who have really high expectations regarding the future price of Steem to realize that unless they live in a country were even 1 Steem at 15 cents is enough to make a difference, they will never end up being millionaires just because they hold 5K or 10K or even 30K Steem tokens. Assuming Steem hits 10$ and you hold 20K Steem (just like myself) that makes my account worth 200K$ right? But they are vested...which means that in order to enjoy the fruits of my efforts (and in my case of my investment too) I need to power down some of my stake.
Let's say I power down a 1/3 of it and by some miracle the price of Steem remains at the 10$ levels. That means I can cash out 66K $ which is a really good amount to start a new business, buy yourself 1/5 of an appartment and such but in no case the amount were one will be financially independent...
Besides, cashing out some of your earnings and make your life a bit easier is actually the essence of what we all are trying to achieve, isn't it?
It made sense to cash out a portion of your stake back then...while doing the same thing now with the price of Steem sitting at 0.15$ is insanity...
It would be a whole different story if Steem happened to reach 100$. Then yeah...even a 20K SP holder could potentially be a future millionaire. But it might take years...I mean a looooot of years to get there.
Do you understand now why you need to be active? Because you have a chance to be noticed...because if you DO get noticed you might reach that 20K SP mark and then aim higher and higher...Do you also understand that it is NOT enough and that you also need to take advantage of the low price and invest in this project if you have as much faith as I think you have before price starts going up?
I know what you are thinking right now....All those happy whales you see around with that hold hundreds of thousands and some of them millions of Steem tokens, right? Well, they have definitely put their money where their mouth is dear friend...
You dream of financial freedom? Good...it won't be easy...it won't be cheap...and it might take a lot longer than you thought it will. Oh, it might also drive you crazy in the meantime, but when / if we ever get there...you'll remember these days and you'll be proud of yourself and the choices you've made...
Quit now and you won't have that shot either...Seems like the 9 - 5 job suits you fine...
Food for thought...Have a great one people...
Cheers.
