Christmas Lump of Coal: Steem Price

in hive-167922 •  5 years ago 

steem coal christmas.jpg

So when I woke up today on Christmas morning and checked steem, all I found was a lump of coal. Yep a 2 cent dip in price. Now it isn't the end of the world but $.12 is kind of a bummer.

Last week I reached a total of 7000 steem in my possession. Some in this account, some on steem-engine and the rest on an exchange. And that means that when the price of steem moves 1 penny in either direction the value of my account changes by $70 . So today I'm down and even $140 and that feels like a lump of Christmas coal.

But it is also an opportunity to accumulate more steem. I'm in it for the long haul so I'm not too worried.


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You have the right attitude in terms of long term thinking. Will Steem recover? Maybe. I think that’s at least 5 years away at this stage, but to me I am looking at building systems that bring in residual income and I am going to really put my head down in the new year and try to generate as much Steem as I possibly can. I am still considered relatively small on this platform, but I hope that I can change that in 2020 with some more focus.

I’d like to have some overseas adventures and I want to be able to earn them via Steem.

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Hey @cflclosers, here is a little bit of BEER from @isnochys for you. Enjoy it!

  ·  5 years ago Reveal Comment