STEEM / SBD is going down, now what do we do?

in #steemit6 years ago (edited)

I've seen a lot of people wondering, what's going on, because it's going down in price, and it's not just the dollar, but all the currencies are losing value.

I have spoken with some friends who say that they have lived the steem coin even below 1usd and what they all recommend is to have patience that at some point they will be re-evaluated, but the reality is that I am worried and I make this post to help me find an effective strategy for all of us to follow, as well share their past experience.

  • What would be the best advice to continue working in steemit? I still publish, voting, commenting, interacting?
  • Reinvest my SBD in new publications through the use of bots?
  • I sell my coins now or rather I take advantage of buying more?
  • I take advantage of buying Steem Power?

I am sure that I will get very good answers from you, I will reward the best ones with the rewards system @steem-bounty.

Project by @knircky & @famunger

Remember that to qualify for a reward from @steem-bounty, you must write a comment on this post.

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When the price of SBD is lower as compared to steem, I never buy Steem. I hodl SBD and as soon as the price of it is increased than the steem, I buy steem with it and immediately power up. My strategy is to power up as much as possible during this year, in order to make my vote valuable.

It's going up right now and Consensus 2018 is tomorrow. Hopefully @ned gives a good performance.

Steem and SBD is a decentralized currency...
So , Don't worry ... Just wait and see..
Hope , Steem and SBD exceed $10 USD in the last of this year..@jmhb85

Sorprende este post saludos desde venezuela :)

It's amazing if you can even draw any meaningful income from Steem. What other blockchain gives you that opportunity? I'm not talking about day trading, programming or scamming. The future is bright and competition is slim. Buy Steempower and level up.

@jmhb85 has set 1.000 SBD bounty on this post! logo_for-light-bg_1000.png What is a bounty exactly?

A bounty is money sent to a post to be distributed to the users commenting on it. It provides a way to reward users directly and works in addition to the steem/sbd they receive from the blockchain. It works independently of SteemPower.

You create a bounty by sending any amount of sbd/steem to @steem-bounty together with a post-url in the memo.

How can I earn a bounty Users are then competing for the bounty by writing their answers to the post in comments that will achieve upvotes from the community and especially the bounty creator. The money of the bounty gets distributed to all top level comments of the post at the same time when the post is paid out (7 Days after it was written). How much everyone gets depends on the votes the comments received. The sender of the bounties votes are weighted higher so that she decideds where 80% of the bounty money goes and all other votes determine the rest.

@steem-bounty does all of this for you automatically. You can use this service to automatically pay out a challenge, ask a hard question or simply to reward the people that interact with you.

Read more about how it works, even in different languages here.

Congratulations to the following winner(s) of the bounty!

  • @mysearchisover has earned 0.053 SBD. 0 SBD from the creator of the bounty and 0.053 SBD from the community!
  • @hendeantoima has earned 0.001 SBD. 0 SBD from the creator of the bounty and 0.001 SBD from the community!
  • @prince121 has earned 0.005 SBD. 0 SBD from the creator of the bounty and 0.005 SBD from the community!
  • @yourinfo has earned 0.018 SBD. 0 SBD from the creator of the bounty and 0.018 SBD from the community!
  • @mkam has earned 0.913 SBD. 0 SBD from the creator of the bounty and 0.913 SBD from the community!

Ciertamente los mercados están cayendo. Pero en realidad la pregunta que tenemos que hacernos es: Quien Diablos tiene el Botón de pánico que esta generando olas de incertidumbres que causan la estampida y crean la súper oferta de las diferentes monedas. Adicionalmente tenemos el Gran dominio asiático que ellos quieren a como de lugar destronar el BTC con su ensayo de moneda en China así tipo petro, también tenemos los rusos y no podemos dejar atrás los de Korea del sur. Quienes salimos perdiendo los que solo por nuestra situación de Venezuela que no tenemos capital para invertir en otras Monedas como por ejemplo y te puedo aconsejar IOTA le he seguido los pasos y es una muy estable IOTA es la famosa moneda del internet de las cosas.
Asi que amigo creo que debemos tener paciencia y no desesperar de lo que pasa en el mercado.

I think there were some famous and popular predictors who all said that STEEM is going to rise to almost 10$ by the end of this summer

The price of Steem today does not interest me. What does interest me is the growth of the Steemit platform and the development of SMT's and integration of the steem blockchain.

If you are worried about the price maybe this is not your cup of tea. There's 30 steem in your wallet right now. If you cash out what do you have? Maybe 5 steak dinners? But keep investing your time and grow with the platform and you might be part of something big. After all, we are all still early adaptors here.

Only thing i can do is to wait!

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