Pennsif’s Progress #567 – Am I a full-time steemian, or just a keen amateur

Well, there’s a good question…?

I guess there are two starting points to answer that.

Firstly, do I earn the majority of my income from steem? Most definitely not, at least at present?

Secondly, do I spend the majority of my time on steem. Most definitely yes.

So am I full-time steemian?

I am wanting to say yes. But let’s analyse this a bit further first…


Time

I run a small business the rest of my day, but that gives me considerable flexibility.

As well as bits and pieces during breaks on my working day, from 5pm steem becomes my primary focus – usually until at least midnight.

And weekends and holidays… I’m on steem a lot / most of the time.

In the average week I am usually clocking up about 50 hours on steem. My day time job is 37.5 hours a week plus holidays.

So steem wins on time.


Money

I was somewhat surprised when I checked on steemworld to see that I am now averaging over US$500 a month in total steem rewards.

Living in Britain with three teenage children and a whole bunch of outgoings US$500 would not be enough to live on (if I wasn’t earning from my other job).

But that $500 is when steem is at $1.

How goes it if steem went back to $3 or $4 or $5…?

Then the future definitely looks steem coloured.


So here comes the big question.

If steem went back up to say $5 and it looked like it was staying there, or going up further, would I take the plunge, bite the bullet, grasp the nettle and go full-tilt, head-on and all-in with steem?

If I quit my job, there would be no going back. I would be a steem man.

I came for the money, I found the community, I took the opportunity.

Yes.

 

Pennsif’s Progress #596 – Should I, Shouldn’t I … tell him about Steem?

One of the voluntary roles I have taken on in the recent past has been as a business mentor for new startups.

I had been doing this for several years for one of Prince Charles’s charities until I got too busy on steem last year.

A new Mentor Co-ordinator has just been appointed and he contacted me a few days ago to see if I would be interested in restarting the mentoring.

We met in a local cafe. He ordered a latte. They ran out of milk.

Fifteen minutes later the milk arrived from a nearby supermarket. Unimpressed by what my local town has to offer we began the meeting.

A big European grant, which should continue after 2019, has funded coordinators in every county in Wales. Operations are being ramped up, more ‘clients’ are being found, more mentors are needed.

I agreed. It could be fun to get back into mentoring.

He told me about some of the startups looking for mentors. One was a woman setting up a vegan food trailer to take around food festivals and other events.

That is right up my street but alas just too far away.

It reminded me of a project I saw on Fundition recently… @the.foodini’s STEEMtruck project.

And I was about to tell the Mentor Co-ordinator all about steem, and all about Fundition, and how we could get all the startups on steem and they could help finance their new businesses through the blockchain…

But I held back. It might just be a bit too much for a first meeting. Maybe when I have got to know him a bit better.

Would he get it?  Would he think I am too weird and cranky to be a suitable business mentor?

It is difficult when I spend so much time in my little steem cocoon to comprehend that the rest of the world might not yet ‘get’ steem.

They should, they must, they have to. But slow and steady wins the race. One step at a time.

Next time I’ll tell him.

Did I bottle it?  Should I stand up and be counted at every turn?  Do I need to be bold and brash and throw caution to the wind?

Do we need to shout it from the rooftops at every opportunity?

Is that what it will take to fly steem to the moon?

That may be so. Soon.

For now I will follow the shining path, but tread with caution. One step at a time.

There are times and there are places.

 

 

I Buy Steem – back in the market to support my delegation projects

I have now set up three new projects to support various communities on the steemchain – @adollaraday, @altlife and @piecesof8.

To kickstart these projects I have delegated 9,000 of my 10,000 SteemPower.

So I am looking to buy more steem to build up my main @pennsif account again and to allow me to delegate more SteemPower to the three projects.

With the low steem price it is a great time to buy.

Unfortunately for those selling it is not such a good time. But as a little compensation I charge no additional fees for the transactions, beyond any inbuilt fees in the transfer mechanism (usually PayPal), so this method of exchange will definitely be the most cost effective way of converting steem to fiat if you do need to sell at the moment.

It will certainly be a lot cheaper than going through the exchanges.

My steem purchases are based on the CoinMarketCap.com steem / US dollar exchange rate, and the BBC US dollar / UK pound rate at point of transaction.

I generally use PayPal for the transactions, but can use Amazon Gift Cards for UK and some of Europe, or other transfer methods such as TransferWise or Western Union if needed.

Transactions are coordinated via Discord, or email as required.

Trust is obviously an issue in these sorts of peer-to-peer deals but I have been buying steem this way for 8 months now and can provide a range of reference sellers if needed.

Generally I recommend starting with small amounts (up to 30 steem) for the first transactions until we are comfortable trading with each other.

So if you do need to sell leave a comment below or message me on Discord (Pennsif#9921).

I can provide a fast and cheap exchange service. And you will also be supporting my three community support projects :

  • @adollaraday – a daily charitable giving project
  • @altlife – supporting people engaged with The Alternative Lifestyle Show on MSP Waves
  • @piecesof8 – supporting musicians appearing on the My Life In 8 Songs on MSP Waves

 

I Buy Steem – back in the market to support my delegation projects

I have now set up three new projects to support various communities on the steemchain – @adollaraday, @altlife and @piecesof8.

To kickstart these projects I have delegated 9,000 of my 10,000 SteemPower.

So I am looking to buy more steem to build up my main @pennsif account again and to allow me to delegate more SteemPower to the three projects.

With the low steem price it is a great time to buy.

Unfortunately for those selling it is not such a good time. But as a little compensation I charge no additional fees for the transactions, beyond any inbuilt fees in the transfer mechanism (usually PayPal), so this method of exchange will definitely be the most cost effective way of converting steem to fiat if you do need to sell at the moment.

It will certainly be a lot cheaper than going through the exchanges.

My steem purchases are based on the CoinMarketCap.com steem / US dollar exchange rate, and the BBC US dollar / UK pound rate at point of transaction.

I generally use PayPal for the transactions, but can use Amazon Gift Cards for UK and some of Europe, or other transfer methods such as TransferWise or Western Union if needed.

Transactions are coordinated via Discord, or email as required.

Trust is obviously an issue in these sorts of peer-to-peer deals but I have been buying steem this way for 8 months now and can provide a range of reference sellers if needed.

Generally I recommend starting with small amounts (up to 30 steem) for the first transactions until we are comfortable trading with each other.

So if you do need to sell leave a comment below or message me on Discord (Pennsif#9921).

I can provide a fast and cheap exchange service. And you will also be supporting my three community support projects :

  • @adollaraday – a daily charitable giving project
  • @altlife – supporting people engaged with The Alternative Lifestyle Show on MSP Waves
  • @piecesof8 – supporting musicians appearing on the My Life In 8 Songs on MSP Waves