Hello π€ guys, I welcome you all to my blog today. Today, I want to join the contest with the title My lifestyle with Steem price. This contest was organized by the @drhira.
The price of Steem at every stage determines how our lifestyle will be especially most of us that depend solely on the Steemit platform as the medium to earn and make a living. Here on Steemit we have see times where the price will rise and times when the price will fall.
As a Steemian who is always using the earning from the Steemit platform as a means to sustain oneself then it becomes very important for us to always anticipate the price movement of Steem as the higher the price the lesser Steem we will sell and the more money we will make.
Recently before the surge in the price of the BTC token which was prior to the United States of America election, we saw that the price of Steem dropped down to about $0.14 which is one of the lowest low in recent times.
With such price of Steem, one may not want to make any sell except it becomes necessary to sell hence people at this stage sees it as a waste of Steem to make a sell during this period and for people like us, it means that we may need to cut down on our expenses since the price is low and we can not be able to make a sell.
Fortunately, lately precisely as at yesterday we saw a rise in the price of Steem which took it to about $0.19 and that implies that when converted to our local currency it is higher. The target is to see Steem above $0.25 which will user the printing of the SBD.
With the coming of SBD, Steemians tends to earn more Steem and the price is always favourable enough to make sells which implies that during that time our lifestyle changes because we have the needed resource to do that which we want.
So in my opinion, there are always some sort of change in our lives when the price of the Steem token goes up or down. When it goes up we spend more consuming little Steem whereas when it goes down we spend less consuming more Steem. It is the goal and desire of all Steemians to see that the price of Steem moves higher.
I'm positive after going through the Steem chart that the price of Steem between now and January should get upto $0.3 - $0.5 because the altcoin season which will come up after the Bitcoin season will surely push some coins towards making upto 10x-50x of its original price and the Steem token is not left out based on the mechanism put in place by the Steemit team.
I hope this article about my lifestyle with Steem passes the message which the organiser of the contest needed as this is my personal opinion with regards to what I understand about the said topic.
Finally, I wish to invite my friends @dove11, @solaymann, and @josepha to also join this contest today and share their own opinions about this wonderful topic.
The optimism you convey looking to the future, with the prediction of a price increase, is contagious! π We hope that the value of Steem continues to grow, so that every Steemian can live a better life without worries. Good luck in the contest, and thank you for sharing your experience with such passion!
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