The Price of STEEM
Chill guys chill I am not just going to write down the price of STEEM and end the Post. I wanted to talk about the Guys who are getting flustered as their Payouts are getting lower and lower. Currently, the Price of STEEM is at 1.16 USD which is very low compared to its All-Time High.
Now I have repeatedly said to those guys on Discord that this is a golden opportunity for Minnows to acquire more Steempower as when the Price of STEEM is low you get more SP which will in-turn be beneficial to them in the long run when the price of STEEM gets higher. But something tells me that most of them are in here for a quick buck as they repeatedly ask me the same question every week.
Now there are several people who came on Steemit for a quick Buck and left packing but the people who have stayed are the ones enjoying. So Guys don't go for a quick Buck rather make a system where you can earn Passive Income from Steemit every week.
Its not about the dollar value of your posts.. its about accumulating as much steem as you can. This is also the ideal time to accumulate steem power cheaply with cash.
Yes that is true we can acquire some more with cash but sadly Indian Banks are fucking with us. So I am not able to buy via cash.
I am in for the long run :)
As we all should be as slowly but surely Steemit is turning into the Social media Hype it deserves.
Yes...i truly believe this...
I am as chilled as a dead body discovered after two days so these things doesn't affect me.
Soon we will enjoy some chilled goodies on the veach after the steem price which is like a bitcoin shadow regarding the price, it is strongly correlated to it along with other cryptos.
Yes Bitcoin price is a huge factor as all other Cryptocurrencies are kinda tethered to Bitcoin so when Bitcoin rises the alts rise too.
One addition: income on steem is anything but passive. We are very active steemians!
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Yes but what I meant by passive is when we amass sufficient SP then we could either lease them for weekly payments or use services like Minnowbooster or Smartmarket to sell our votes which would inturn give us a nice Passive income.
I see. Well, that's a long way off for most of us!
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Great post!
Thanks for tasting the eden!
Nice Post..!I have done with 57.70% upvote Thanks @arunava for sharing the post..!
You got a 7.51% upvote from @joeparys! Thank you for your support of our services. To continue your support, please follow and delegate Steem power to @joeparys for daily steem and steem dollar payouts!
@arunava You're right, I agree with you.
yes it is true..
And informative ...
we have to catch this opportunity.
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