WHY YOU SHOULD NOT TAKE MONEY OUT OF YOUR STEEMIT BLOG

in #steemit8 years ago (edited)

I do not recommend taking money out of your steemit blog. Steem will be worth 1000 dollars a coin one day which mean your content will be worth 1000 times more than it is today if you decide to leave money in it. you have to treat your blog like the real estate market it will appreciate over time depending on your content and followers. If you save enough and the estimated value of your account is 6 figures you could easily sell it to a person who wants to buy five years from now.
Why would a person want to buy your blog 5 years from now? The value of the content goes up based on what you put on your blog and the price of steem. When the price of steem goes up the estimated value of your blog goes up and all of your past content increase in value.
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Aside from the blogging, if (and im sure it will) the masses of the planet switch on to crypto pushing way up the value of BTC ETH etc making well out of the reach of most. So they turn to the lesser cheaper coins. Pushing them up in turn. $1000 is small chips to the big players so in the case of mass adoption of crypto $1000 is not unrealistic.... Hodl =)

great advice here im feeling this very much right there with ya

I really enjoy the opportunity to use a platform like this, the investment is worth it in experience.

Yes likewise I am getting more confident at this new world of crypto currencies and steemit.

Never even thought about selling a blog to another person... Weird concept, guess the passcode would come with the sale lol

think about it if the estimated value is 1 million dollars there will be somebody there to buy to promote to other people. This day will come. once you create a blog you are a shareholder

Really great forward thinking thanks will keep this in mind.

The idea of the blog itself as a valuable asset is brilliant! Much like selling a business that already has a following or a piece of rental property that already has reliable tenants. Very nice!

yessir, we are shareholders we would be selling our shares of the company

Interesting post! I'll give you 10 steem 😜

Good advise Gave you an up vote and will follow
@cullyguy

Earn your steemit and stack like your gold and silver. Steemit is a better platform then any other cryptocurrency ones everybody starts using it like facebook, Its will be worth a lot more.. Stack it high watched it fly..

Very good point! I've just invested a bunch of money into the top 10 coins on coin market cap and I plan on not selling for a long time. I'm just going to forget about them for about 5 years and hope the value has increased. I did that about a week ago and I'm already up 150$. I cant help but watch it increase. I'm mostly invested in steem.

Pick wisely i post my top three invesments im holding for 5 years