Today marks my first month as a Steemian and all I can say is this post should come before the introduction on the Steemit welcome page.

Everyone should be striving for passive income but it’s almost impossible to acquire assets that produce passive income when you’re living paycheck to paycheck. Steemit provides a simple way to do that and your success proves it.

Besides the importance of setting goals, there are two things people really need to understand from your post:

1. STEEMPOWER is a valuable asset and should be treated that way – don’t convert it!
2. Don’t worry about what SBD is worth at any given time. “It was never my thinking that made the big money for me, it always was sitting.” – Jesse Livermore

You may also consider that assets can be borrowed against (to avoid taxation) or insured through the use of options and futures. These instruments may not be as readily available as they are in real estate and stocks but as cryptocurrencies become more popular they will be commonplace. (Bitcoin futures are about to go live)

Thanks for this very important post.