I remember my first few months on Steemit, all I saw was astronomical rewards and tons of posts from people leaving their jobs to do Steemit full-time.

But that was a different time, wish I could turn back time and stop myself from shitposting back then, could have been rich lol.

It depends

Are you able to write a couple of great articles every day ?

You just might have a chance to make some money. Curating has moved a lot from what it used to be in July. Nowadays you have great services like @curie that help dispense rewards to all corners of Steemit and that help reward your hard work.

Are you an established Steemit writer ?

You should already be making good money per post, not as good as you used to, but you should be able to fund your basic needs of that.

Are you able to tone down your expenses ?

If you are, then you just might be able to survive from your Steemit writing only. If you do well and earn around 30 $ a day(that could be 4-5 articles), you can make a decent living in one of the cheaper European countries.

Good luck

With the current price per STEEM and the reward pool dilution, it's still possible to make a living on Steemit, if you're a endless well of good ideas for posts, live in a shack or are a well known person. It's possible if you are dedicated to treat writing like a real day job and spend hours writing posts every day.

The bottom line

While Steemit might not be the retirement fund it used to be and probably won't replace your day job, it still is a great place to share your ideas freely and without judgement and get some pizza money doing it ! :)

It could even pay for your yacht !