A Relevant Reminder
As I'm writing this, Steem is worth around 71 cents. That's got to be painful for anyone who got onto the platform around December 2017 or January 2018 with hopes of making enough money to quit their job or get really, really rich. BUT (as I've said more than once) if you're more of a long term hodler, this isn't all bad. This is your time to amass SP.
There are fewer people posting which means more of the reward pool could end up going to YOU. Even small payouts can yield a fairly significant quantity of Steem due to the current exchange rate. Best of all, if you have a little patience, there are three major events coming up on Steem alone that could potentially ease this slump.
Aside from that, @taskmasster4450 is planning another #minnowuprising which you can read about here. If you've always wanted to have more Steem Power, take part. I did last time and I have no regrets. I suspect my life is going to be reeaaaallly busy this time around so I can't commit to as much participation but I'll do what I can. After all, how would I feel if I missed out on collecting 71 cent Steems right before a massive price increase?
Steem on, Steemians.
Image sourced from pixabay.com
I am in for the long term too. I am no worried about the price at all - be it up or down. People shouldn't be worried about prices unless they are needing it right now. Otherwise, the price will always go up and down. In fact, if you have confidence in Steemit, it is a good time to buy when it is down.
Cheers!
There are a few people who really do need the money now (some of the Venezuelan Steemians for instance) so I feel their pain but I'm sure anyone who can hold on for a few months (or years) will see the value of their Steem grow by a whole lot.
Thank you for being here for me, so I can be here for you.
Enjoy your day and stay creative!
Botty loves you. <3
You have the right long term mentality. It's not about the price right now, it's about the potential price in the future. If you believe in the future of this blockchain you need to be planning for three years down the line not three days. As you said it is the best time to earn steem as activity has slowed down or to even purchase some as the price is so low at the moment.
While I'm not happy about the price, it's not going to affect what I am doing as I will be here for the long term.
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Precisely. I would really have liked Steem to have shot to the moon last month but I'll take the opportunity this slump provides to earn some more. I won't be buying any but I'd recommend that too to anyone who can afford it. There's enough potential here for me to wait out the rough patches patiently.
We would all like to see the green numbers for a while. I'm not buying any now but did pick up some when it was 82c so happy enough with that. I still think we will grow to a good number so I'm just going to keep growing and accumulating. Even if we don't I much prefer this site to any other media so it's win win really.
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And as many people have pointed out, we're still making way more than we would on Facebook.
Exactly. How many people spent hours a day on facebook earning money for Zuckerberg. Even if it's only a tenner week on here how much would that be over the past ten years. And if things go to plan it will be a lot more than that.
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When I need motivation, I count my Steems like they were each worth $1000 or more. That's probably why I've posted here more than on any other social media platform I've ever touched.
Hopefully some day they will be worth that. We will all be very happy if that ever happens.
I tend to post more here because of the topics and interaction that you get. But obviously any site that you can earn while doing something that you enjoy has to be a massive bonus. If the tokens ever get to a high value then you will see a lot more people trying to do it as well.
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