The $1,000 STEEM Mindset
I wrote about this in the past and thought it good to include it at this time. My thinking is perhaps it will give people a bit of a different viewpoint on what is taking place on the STEEM blockchain.
Success on STEEM, like most anything in life, starts with the mindset. To be successful on STEEM requires you to have a successful mindset.
It is that simple.
Many come to the STEEM blockchain with the mindset that this is a place to get rich quick. I make no secret my disdain for those on FB and YouTube marketing STEEM as a get rich quick scheme. It is a complete lie and shows total selfishness since it enhances the blockchain zero.
STEEM is going to be a place that creates a great deal of wealth. That I am sure about. However, it is a long path and requires consistent effort. Those who dedicate themselves to this pursuit should profit handsomely. Nevertheless, it is going to take time.
It is easy to spot the belief system of people. I read one comment where a person scoffed at an upvote for .02. The individual even went so far as to say "thanks for nothing".
So here we see mindset failure #1: A lack of gratitude.
I will say this: every single Steemian should get on his or her knees and thank the lucky stars that you are on STEEM at this time. This is a gift from the universe that most likely can never be repaid. You are granted an opportunity that comes to so few in life. Yet an attitude like this is just spitting on the opportunity.
Result of such an attitude: Complete and utter STEEM failure.
Taketh thy arse back to Facebook grasshopper.
Here is the only STEEM Success and Motivation Tip you ever need:
Add 3 zeros to ever number you see as it pertains to your STEEM account!!!
That is what happens when you multiply your SP by $1,000.
"I only have 15 SP, it is a nothing account."
Really? Add three zeroes to it and it is $15,000....is that nothing? (If you think it is then you need to be buying STEEM to power up)
Now before anyone goes off the deep-end believing I am projecting $1,000 STEEM, I am not (although I can make a case for it but that is another post). This is a mental exercise.
I get quite a few .001 transfers from the resteem and upvote bots. I love getting them. My only gripe is that I do not get more. To me, the .001 transfer is looked at like a dollar. They want to give me a dollar to spam the lower portion of my wallet? Have fun. I will collect those all day long.
Most days I get multiple .003 and .004 rewards from D.tube. I love them. They are payouts from the money they take from the content posters on their site which is distributed to the curators for each post. The best part is the votes are placed by my participation in @tribesteemup's curation trail. In other words, it is all automated.
Again, to me, this is $3 or $4 a few times a day.
Mindset failure #2: Not seeing the incredible opportunity before us.
One of the developers posted how they are intent on making STEEM the "blockchain of opportunity". This individual was referring to the actions that are undertaken to make this blockchain attractive to developers. Yet this is something I latched onto. To me, STEEM is the blockchain of opportunity for everyone who comes on here if they will only see it.
Mike Novogratz is on record as saying he believes the cryptocurrency market will hit $20T at some point. Of late, we are hearing about how so many of the tokens created are actually dead projects. There was even an article today, on one of the cryptocurrency news sites, that said because of these other coins failing, Bitcoin's dominance is growing.
Whether that is true or not means little. What is important to me is the fact that as other projects fail, those tokens that have legitimate development on them become more valuable. And this is something STEEM is excelling at. The price action might not reflect it but with all that is taking place, we already saw huge growth in 2018.
I was chatting with someone earlier today who got involved with STEEM around the same time as myself. We both mentioned how we wished we found this 2-6 months earlier. That said, guess what people joining STEEM a year from now will be saying: "I wish I got involved a year ago".
We are all here now. That is what matters. No matter what one's account looks like, use the $1,000 mindset. Go into your wallet and add 3 zeros to the total. How does that feel? Are you a bit more motivated than you were before? Do the same for your blog page. Do you have a different outlook at the pending rewards in this light?
Keep in mind, from a SP perspective, that .02 payout keeps compounding every year for the next 20 years (actually longer than that but that is where the inflation pool charts I saw went to).
@ned has a goal of having 100K entrepreneurs on the STEEM blockchain within 5 years. We had a ton of development on here this year, with around 358 applications on STEEM at this time. I will be kind and say there are 500 entrepreneurs behind all those projects. To get to 100K, we need 200 times as many entrepreneurs.
Can you picture what this place will be like with 200 times the development taking place?
Will that make STEEM worth $1,000? I have no idea.
What I can assure you is that .001 you received today will be worth a whole lot more if this all happens.
Therefore, look at everything pertaining to your account from this viewpoint. You will find yourself motivated to start contributing to the STEEM blockchain.
I surmise you will see the opportunity and be very grateful for it.
And it all adds up over time.
If you found this article informative, please give it an upvote and resteem.
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Pictures by Google Images
Thanks for your article. I had given up on SteemIt already but I decided to give it another go.
I had 170 SP at one point but I powered down because of those darned flag wars last year. My account was virtually killed during that time.
Anyway, I had just started posting again and, despite my content being a crap, I was slowly recovering. I admit I was not posting anything special since I saw no point in putting up much effort as my posts were all hidden.
Then, this week, Haejin decided to recover my account. In a few minutes my rep went from negative values to 40!!! Even I was shocked!
And all because I posted a funny gif. What!?
This gave me an incentive to start using the site again and I will be working on improving the quality of my posts.
So, I guess I can stop posting funny gifs and other mindless things... All thanks to Haejin!
Now, the goal is to get back to where I was, with almost 200 SP.
You will reach your goal mitrado. I promise you!
Thanks for your kind assistance!
i hear that. im at the point of quitting myself. i went all in when i started, bought $3k worth of steem and powered up. that $3k is now worth $900. time to start pulling it out to cover bills that arent mine. all because some 'friends' decided not to pay rent for 6 weeks. but i wont bore you with my woes.
probably should send this 40 sbd to trex so i can eath this week. jussayin
Financially, I had luck... I've powered down between November and April. Still, hang on there. We all know these things are cyclical. Hold on to your Steem / SBD and don't sell at a loss.
I saw my 200 SP becoming $3500 in December and now it's roughly 10 times cheaper. Now it is not the time for selling. At all.
i earn $300/w and my rent is $400/w - you do the math
Damn, how can the rent be higher than your salary!?
i had a 'friend' run off owing 6 weeks rent. so have to repay the debt i was left with. half the reason ive been at the point of giving up recently. did a post about it a while back
Honestly, that's the first time I've ever heard haejin spoken of in a positive light.
I commented on one of his posts very early on and was met with a storm of downvoted from people that didn't like him. So I steered clear for the longest time. Didn't wanna get caught up in someone else's war.
That's what happened to me, as well. Some whale decided Haejin was not worthy of posting on SteemIt and started attacking not only Haejin but also anyone who supported him.
I had pretty much gave up on SteemIt because of that episode of bullying.
However, for some reason, Haejin decided to upvote my posts and my reputation was restored, so now I am giving this a second chance.
Hopefully it will be better this time.
Hope you have a good experience here :) I love steem.
Your story makes me have a bit less disdain for whales. But I'm not a huge fan of anyone that upvotes their own posts to trending.
Ah, ah. I saw @haejin start as a regular user and become a whale. That's when all hell broke loose. That's what attracted the bullies. 😝
Hello! I find your post valuable for the Steemit community! Thanks for the great post! @steemitcentral has upvoted your post. ALWAYS follow @Steemitcentral and use the steemitcentral tag to get some upvotes!
Also, kindly upvote @Steemitcentral posts to get future upvotes!
I think there is a mindset on here that people treat Steem as being very valuable although they don't tend to rush out and buy any. lol
I would be grateful for a $25 steem....and a high SBD lol but $1,000 would rock my world
A $0.01 upvote is 100% more than anything we get from Facebook!
5,559 SP x $1000 = $5,559,000
A boy can dream.
🤞
I was just thinking about this today. I'll probably write a post on it later. Imagine if just 1 million people wanted 1000 Steem Power. That's a demand for one billion Steem. With a circulating supply of 263 million Steem this can really give you some perspective about what will happen when this platform becomes mainstream.
This post reminds me of the two pizzas bought with BTC. It's just a matter of vision, faith, persistance and patience. Whoever masters these will "taste" that $1000 Steem you wrote about.
Ahhhhh yesssssss. Right on @acesontop! :) <333
Awesome Post, Heres my ~$10 upvote to help you (0.01 Upvote)
Thanks for this, isn't steemit awesome?
Right on!!! Bright Blessings @cadawg.
“Taketh thy arse back to Facebook, grasshopper.” has to be one of the best sentences ever!
I love those .001 transactions, I’m that much more powerful, and means that much more earning in the long run.
I’m here for the haul...regardless of current price/value I believe in this platform and am incredibly thankful that I’ve been able to be one of the first!!!
I have to say @definethedollar, I love your mindset.
It is that outlook that should make you very successful on here.
Focus upon growing our own accounts...that should be the approach of every Steemian.
lmao! agree. that really is an ultimate statement. haha :) Glad you are also a sticker-arounder @definethedollar (love that name btw!)
Bright Blessings!!
@definethedollar I just wanted to say 1 I agree and 2 I really think you and I can get along. "Philosophy, Mathematics, Economics, Politics" is right up my alley. It's great to find and follow you!
Seriously...only a $.01 upvote?! Jeeze, waste my time why doncha! LOL