Can You Earn Money on MyLot? Is It Really Worth It?
You can make money on MyLot, but very little. I haven't seen anyone claim to make more than about $1.50 a day, and usually much less than that. MyLot is a discussion forum site, where you are rewarded for your interactions. I have been on MyLot for about two months. I haven't made more than about .75 a day. I tried experimenting to see if I could make a dollar a day, but found I was spending way too much effort and time, with little to show for it.
I'm not sure exactly how you earn at MyLot. It seems the more you start, and participate, in discussions, the more the pennies add up. It seems like the more interactions in your discussions, the more you make. For instance, if I just spend a lot of time commenting on other people's discussions, I won't make as much. If you start a popular thread, you seem to make more. Payout is with PayPal, if you reach at least five bucks by the end of the month.
It is a fun site though. I have no problems with it. It's just not a money making site for the most part, which is what I was looking for. I am used to writing articles, but I have been on forums before, without making any money. So why not make a few bucks if you like forums? That's the way I see it.
So if you like chatting with other people, and making a couple dollars as well, then MyLot might be a good fit for you.
Very Little Passive Income
I've found that the potential for passive income on MyLot is very small. If you aren't posting and interacting, your earnings dwindle down to next to nothing, even after a few hours of not posting. You have to be very active to make any money.
I stopped for about a week, and I didn't make much at all. A few of the days I made less than a penny,and the other days nothing at all.
If you want to make passive income, MyLot is not the place to do it, as far as I can tell.
MyLot is not a content site or articles site. It is a discussion board. So I guess it's to be expected that there will be little passive income.
Not Enough Variety
There isn't a lot of variety on MyLot. There are no categories to post in. You just randomly post. You can use tags to find similar topics, but a lot of people don't use them .
Most of the discussions are personal discussions, about people and how their day is going, what they ate for breakfast, how they are feeling, and what their plans are. It is just a social chatty site.
Honestly, it can get a bit boring. There are no deep or meaningful discussions to be found. I would prefer to have a little more variety in my discussions. I would prefer to have conversations on religion and spirituality occasionally.
If you spend a lot of time on places like Facebook, I can see spending time on MyLot, because it's the same thing, only you can make a few bucks.
It is hard though to get past the fact that there are no discussion categories or topic section. Even if I search with tags it's hard to come up with relevant discussions. Most of the time I just look at the most recent discussions, and that keeps me pretty busy. If I do find relevant discussions, they are usually old.
One thing is for certain, MyLot is a very lively place, with a vibrant community. There is always something to read, and always new discussions popping up.
Is MyLot Worth It?
For me, MyLot really isn't a good site to make money. But it is worth it as a discussion site, for chatting when I am bored. It's a fun way to kill time. There is a bit of drama sometimes, but that's to be expected.
All in all, I still see the benefits of MyLot. It is worth going to and participating in the discussions. I can make a little bit of extra cash for art supplies or gifts. I won't bother spending too much time on there though, it does sometimes get to be a time stealer if I am not careful. It is not a productive use of my time.
Do I recommend MyLot? Only if you have a lot of time on your hands.