Bitcoin has always been the boss in crypto, when something good happens in Btc whole market swings up, at least it used to. 2019 proved to be very different, Btc rally resulted in alt dumps, Btc dumps resulted in more alt dumps, the cycle repeated.
This is a factual evidence that alt market will dump even more when Btc dumps more, again when Btc recovers alts will dump again. It's an unfortunate death cycle for alts until something drastic happen. Something drastic is and should be new BTC high which should happen in summer 2020, maybe few months earlier. Until then all our alts, of course including Steem will reach their new lows.
If you're interested in other crypto projects the next 10 months will be probably the best time to enter one of those projects. You just need to research the project and not jump in blindly like most of the people did in bubble of 2017-2018.
It is time to be smart about what to do with your money. No more buying bullshit with no purpose, only go into something you use every day, or into something that accumulates for you passively. What a coincidence, Steem is all that.
When we consider all that, we on Steem hoped things will turn around. Well, the harsh truth is it won't until Btc reaches that mythical new all time high. Best course of action to do if you are like me a Steem believer is to continue what you've been doing all along.
Write regardless of market conditions because writing now is like buying low, if you know anything about anything you should be able to accumulate Steem slowly but surely. I powered up 1000 Steem a month ago, today I'll power up another 400, I'll be powering up a lot more over next 6 months. I don't see any other possible scenario for me to do other than power up.
How about you, what are your plans for this long ass Steem bear season, will you quit or will you build?
I'm pulling in $2/day renting out Splinterlands cards. That $2 is around 12 STEEM. More than happy to see the price low a while longer.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That is a pretty nice deaI, funny thing my Splinterlands cards are almost as valuable as my SP, which is kinda insane when you think about it. If I only knew back in the day when Steem was 1$ to buy more packs... Hodl SBD?! Yeah, right... Hodling Splinterlands cards is way way better :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You in a guild at the moment? I'm helping @o07 build out the @contestkings guild at the moment.
Got to maintain average 5 daily quests a week over a rolling 12 week period
100,000 DEC buy in, (at 10,000 DEC, monthly increments), but you own your seat, so can sell it to the highest bidder. The DEC increases the capacity of the guild, once everyone's paid up, we'll have 30 seats at the table; churning a lot of quest scrolls, and earning big discounts.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I jumped in SteemAce guild, I was thinking of joining contestkings when I was browsing for a guild, but it seemed like I wouldn't cut it with my gold league cards. I ended up in SteemAce, cool guild, a lot of neat features are available for the members. SteemAce is one of my favorite tribes, it made sense to join in the end, but I wish there are more high league players inside when tournaments start.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Its hard to get the balance right.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I agree, I’m doing exactly what u’r doing, adding more over time and blogging more! Quitters never win, this bear steem is the best ever!
Posted using Partiko iOS
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Probably quit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Oh don't be that way :) It's a long ass game to quit while it's in it's build phase.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I tako to !
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi @moon32walker!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 5.398 which ranks you at #684 across all Steem accounts.
Your rank has improved 47 places in the last three days (old rank 731).
In our last Algorithmic Curation Round, consisting of 137 contributions, your post is ranked at #113.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit