Steemit Complete Guide Explained In Great Details | How to earn Your First $50 In steemit?

Introduction:

Steemit Inc is a social networking company, Founded by Ned Scott and Dan Larimer(Founder of Bitshares and EOS). Which is located in New York, Headquartered at Virginia. Basically it’s a kind of blogging website like Dtube, Utopian etc. all are powered by Steem Blockchain and Steem Cryptocurrency. Here everyone contributes their content and get rewards for valuable content. This is one of the best social network platform where you can directly earn money by sharing your content from the day1.

Note: Keep on read this post because I’m going to share with you the pro tip about how to Make Your first $50 for your first post?

This may be very long article guys but it’s worth your months of time and energy. So keep on read this till the end, I have cleared all most all the questions which all beginners usually gets.

But first thing you need to know is, secure your main steemconnect password. Because once you lost it, you can’t get recovered your master password. So always try to use your post Key or Active Key instead your master password.

Topics:

1. Key Terms You should Aware
2. First Tool You Must Have To Succeed
3. Choosing The Best Niche
4. Consistency In Posting
5. Value Added Content
6. Importance of Tags
7. Linking Your Related Articles
8. Social Engagement
9. Increase your followers
10. Curation Reward and How It Can Helps You
11. Multiply With Dtube and Dlive
12. Steem Power
13. Don’t Do These Mistakes
14. How To Withdraw Your SBD?
15. How To Earn Your First $50 In Steemit.
16. Conclusion

1. Key Terms You Should Aware:

a. Upvote:

It’s a kind of “Like Option” which we normally uses in other social media platforms like Facebook, Instagram, Twitter etc. But the difference is when you upvote others great content you would get some reward in return for encouraging valuable content.

b. Hot:

Hot indicates the content which has been published and being in interactive now with content creators. Interaction in terms of upvotes, comments and Amount of Steem that receives.

c. Trending:

Trending indicates those content which has got viral based on the number of comments, upvotes and amount of Steem. Very interactive content, that automatically suggests to everybody.

d. New:

You may take this “NEW” category as very easy but, this category will helps you to earn Curation Rewards. That I’ll explain you further. These are the recent content published in Steemit, Dtube and Dlive.

e. Promoted:

This is the content which promoted by content creators. Through other apps.

f. All Tags:

These are the tags which we normally uses in other social media platforms like YouTube, Instagram and blogging etc. You can use maximum 5 Tags for each post you publish. And always try to pick the very relevant and very trending tags. You can see here all trending tags: https://steemit.com/tags

So these are the main key terms which we are supposed to aware of.

2. The Primary Tool You Must Have To Succeed In Steemit:

This is very and very significant thing you must have if you wanted to succeed in Steemit. That is “ Thinking Of End Mindset”. It may sounds funny, but it’s true. Because if you don’t think what you are expecting from that post or video you are publishing, you can’t reach your expected results. That may feels you disappointment. And you would start loosing interest to create content. For example if you are expecting that your post would earn some $1000 rewards, then you must think and visualize while you are creating and publishing that content that, this post would receives $1000 and go trending. This is very much important to get succeed in steemit. If you practice this visualizing concept with gratitude, that would builds your faith for your success.

3. Choosing The Best Niche:

Before going to start any kind of business, you might have this confusion about choosing niche. Of course I too had this confusion when I have started my journey. I have tested many niches, and finally I could figure out few best niches producing amazing results in Steemit, Dtube and Dlive. Here are the Niches you can choose anyone you want:

• Traveling and tourism Content
• Video Games Streaming
• Sharing updates about cryptocurrency, blockchain, Bitcoin etc
• Lifestyle content
• Inspirational and Entrepreneurship

These are the key concepts which I have observed. But I would suggest you to share your passion that works very well in the long run. So better start with your passion but it may takes some time to get the attention. So keep on hustle with End in mindset.

4. Consistency Is The Key:

So once you have decided your niche you can start sharing your content. But the key is consistency. Just give your best to consistently post your content everyday. For next 30 days at least. The consistency helps you to gain more followers and increases your ranking as well. So keep publishing you content consistently.

5. Value Is Another Significant Area:

Whatever the niche you are involved in, you have to share some use value to your followers. Just keep in mind content is the key to success in any field. Either it should be useful information or it may be an interactive information. Add some catchy images/video in between the article.

6. Tags:

After adding your content its very significant that your content must be displayed to your visitors who are other than your followers. For that you need to choose Tags. You can choose maximum 5 Tags for each post. Its little bit different than other platforms.
- You have to give space to each tag
- Don’t use tags with capital letters and
- Always research the relative and high searching tags.

7. Add Related Article Links at The End:

Always try to add your related post links at the end or in between the article. That helps you to get upvotes for other articles/posts. Never link irrelevant articles, that makes your followers disappointed.

8. Social Engagement:

After publishing your content, Make sure check your post often and keep engage with your followers those who are commenting and upvoting your content. Reply each comment you receive. And be honest while commenting. Don’t just say “Super” “Amazing” “Excellent” “Good” etc. Same time observe other’s trending posts and new posts and start interacting with them by commenting, upvoting etc. This helps you to increase your Steam Value and follower base. Here is the example:

9. How To Increase Your Followers:

In order to get succeed in Steemit, you need to have some decent followers base. Whenever you post your content, that will notify all your followers feed. And if you are interactive with your followers, they’ll also helps you to boost up your content by initial encouragement(Comments, upvotes). So try connect with new followers and interact with them through commenting and upvoting their content. While commenting at least read their content once and give your review like I’ve given the example above.

10. Curation Reward:

Curation Reward is the reward which you would receive when you upvote any great content. Usually 50% of the curation reward goes to the content creator. And the rest of 50% will be distributed in between author, commenters and curators. Most of the beginners have a myth that, it would cost to vote somebody’s content. But the truth is its nothing costs you except your time and energy. In return, when you upvote any great content, you would receive curation reward for Identifying and encouraging a great content. Follow me @mohansampath, I would explain you in my next post about curation reward and How you can earn money by upvoting other’s content.

11. Dtube and Dlive:

Dtube and Dlive are a blockchain based social media platforms as like steemit. Where you can earn cryptocurrency by publishing videos, commenting and liking other’s videos. Dtube(https://d.tube/) is a Decentralized Tube as just like YouTube. You can upload recorded videos in the similar way as in YouTube. And Dlive(https://dlive.io/) is Video streaming platform in Blockchain,just like YouTube, twitch etc. live stream. You can upload your videos directly as live or you can use Streaming softwares like OBS studio and mycaster app. If you don’t have time to write content for steemit, then you can upload your videos in these two amazing blockchain video platforms. These will increase your steem and you can see these posts in steemit after you publish.
Watch this video to learn how to setup live stream with OBS: https://steemit.com/dlive-broadcast/@mohansampath/6uuonq9z

12. STEEM Power:

Steem Power in short form known as SP. Its a steem and gives you influence on steemit platform.
By holding more steem power , you can give more money to the content creators by upvoting and in return you can earn more curation reward. This benefits both content creators and you as well.
i. Powering Up:
Powering up means converting Steem Into Steem Power.
ii. Powering Down:
Powering Down means Converting Steem Power(SP) back into Steem Dollar(SBD). But it takes 7 days to receive your steem. You can’t power down 100% at a time. You can power down maximum of 1/13 part of Steem power at time.
iii. Steem Power Delegation:
Steem power can be delegated to any other users, that will increases influence of the receiver. However the delegator will have the full control over the Delegated Steem Power and can get back any time. Once you get back your Delegated SP, that decreases their influence and it takes 7 days to receive your Steem Power back

13. Common Mistakes You May Do In Steemit

Especially Steemit looks very complicated to all the beginners and many intermediate steemians. Here are the few common mistakes usually we do in steemit:

• Using master password every time. Don’t use your master password ever until you wants to change your password. Otherwise use your Post key or Active key for any blockchain platforms(steemit. Dtube, Dlive etc.).

• Try to undo upvoting. You can’t undo your upvote back in steemit.

• Try to Delete the content in steemit. You can’t delete you content once it’s published on steemit. You may edit and update your content but you can’t delete your content once it’s published.

• Upvoting new content without reading the content. This impacts your steem influence. So always read the content first and if you feel it can go hot or trending category, then upvote that content. Then you would receive curation reward. Otherwise you would lose your Steem Influence.

• Most of the beginners have a myth that SBD and USD are same. It’s not true. SBD is under open trading markets, that varies all time.

-Voting Content older than 6 Days and 12 Hours, if they are in trending. If you upvote any content older than 7 days, that doesn’t cost voting power and any rewards back.

14. How To Withdraw Your SBD:

If you wants to withdraw your SBD, first you have to transfer it into any of these platforms bittrex, binance, poloniex or Block Trades. Or any other platforms which will accepts Steem Dollar(SBD). With these platforms you have to convert SBD into Bitcoin or Ethereum or Litecoin. Then with the help of Coinbase or Zabpays(for Indians) platforms you can withdraw your Bitcoin or Ethereum or Litecoin, then from here you can transfer it into your own currency. Google it if you don’t have Coinbase or Zabpays in your country. These two platforms I have used in India.

You can refer this article to use Block Trades: https://steemit.com/help/@theprophet0/for-the-newbies-how-to-buy-and-withdraw-steem-using-blocktrades

For Binance : https://steemit.com/cryptocurrency/@cryptogrant/how-to-withdraw-steem-from-binance

For Poloniex: https://steemit.com/money/@twinner/how-to-withdraw-steem-from-poloniex-exchange-to-your-steemit-account-a-short-tutorial-with-some-pictures

For Bittrex : https://steemit.com/bittrex/@cryptos/how-to-withdraw-steem-and-steem-dollars-to-bittrex

I hope these guidance will helps you to withdraw your Steem into your own currency. But remember one thing, if you do any mistakes in between, you can’t recover your currency back. So do it carefully. There may be some other ways you can give a try if you want.

15. How To Earn Your First $50 In Steemit?

This is what I’m sharing with you about my experience. It’s not 100% guarantee that you would make $50 for your first post. But if you follow this procedure, you may earn even less or more than $50. So don’t claim my post for your success or failure.
If you wants to earn money for your next post follow this procedure only if you haven’t yet published your Introduce post:

• Record a video(Dtube) or create content about Yourself as an Introduce-yourself content. Share your lifestyle pics, your travelling experience, Your business journey, your future thoughts or anything else that you can share.

• Title must contains Introduceyourself or Introduction or Introducemyself.

• Use these tags: Introduceyourself, Introducemyself, Introduction, Steemit, Dtube.

• Then publish your content. That’s it and wait for 24 hours. I hope you would see very positive result. Let me know after you made some SBD for your Introduction post.

You can watch my introduction post(on Dtube) as an example here: But create your content better than the way I have created.
https://steemit.com/introduceyourself/@mohansampath/9ujfkfb6

Conclusion:

Hello friends, thanks for reading my long content.Whatever I have shared with you today is best of my personal experience. If you found any algorithm might changed, please apologize me. And I hope this information might clear many of your common doubts about steemit. Please leave your comment below about what would you like to see in my next content.

LOVE,
MOHAN @mohansampth

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