Vlog 249: Red markets, producing content and investment strategy.

in life •  7 years ago 


Today I woke up to more red markets.

STEEM and SBD are around $1.65 and BTC around $7500.

I'm still very happy with the decision I made to sell crypto into Fiat on the big uptrend that we had.

It has provided me with a buffer against these swings.

Crypto is now slowly reaching my baseline I have set to buy back in.

But it's not there yet.

It's a patient game.

When it comes to my STEEM investment nothing has changed much really since it came down from $8. (besides the payouts maybe)

I never had the intention to sell my STEEMPOWER at $8 and I feel no different at these prices.

I believe STEEM is one of the best projects in the space.

I talk about it more in my vlog.



I am a witness with our developer group @blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote here.

We build Steemify a notification app for your Steemit account for iOS.

Get it Here:



▶️ DTube
▶️ IPFS
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

The market is making a reversal like any other.
We are in March, decision has to be made and it is early.
Keep on steemin'

Bitcoin is just playing hide and seek with us. I bought it very high and now waiting very patiently to go up.
Yes, steem would be one of those investments which we all will like and happy about. I will say, we all should at least wait for SMT's to lauch because that is going to be a bang moment for steemit.

Selling Steem now would be the worst decision ever.

Once the bear market shifts and SMT's are released, Steem will 10x where it's at (just my opinion, of course).

I totally agree.

Couldn’t agree more . Good point .

  ·  7 years ago (edited)

"Today I woke up to more red markets."

This x 60 days is my life in a nutshell!

Well we all know what goes down will come back up, most things anyway. SBD and STEEM should soon enough and until then we just chill and wait and keep working hard at getting our posts out for everyone to enjoy.

I totally agree with you on this @thegoliath. I hope steem and sbd will be part of those things that go down and come back up... The community is fun, I can't stop steeming

I hopes it goes back up before those of us surviving on steem and sbd burn out our reserves.

I wouldnt be so sure with that. Remember, somthins ends that other thing could start

I have no plans of powering down because I'm seeing steem as a long term investment. Just taking advantage of this plunge or just not converting your SBD to fiat is the best option these days. ^^

True. What about converting your SBD to Steem Power?
Is this a good option too?

As for me, 1 SBD to Steem is around 0.975. I'll wait when it's more then 1 something Steem.

I see. Yes, I remember the good days: 1 SBD = 2.5 Steem.

I think at some point it was even 1 SBD = 10 STEEM. But that didn't last long.

  ·  7 years ago (edited)

1SBD, 19th of December 2017: $15.34!
Just Wow!
😎

I agree completely! I'm hoping it will drop a lot more so I can buy more Steem.

I agree.
Steem @ 1 dollar would be nice. For a couple of weeks and then back to $8!

are you sure ?

No I am not sure. This is crypto. ;)
All I am saying is that it would be nice.

I agree that it is a patience game. When it comes to investing you should buy low and sell high. But the problem is that people get scared. Control your fear and greed.

@exyle I am going to listen to your DTube now. I have been so busy with other things the last couple of days that I need to catch Up to your last 3 postings..............I am feeling real good with the possible opportunity that STEEM may be giving us here at these price levels................

your investment strategy always good.always sharing good thought of your post.i am alot of learning of your post everyday.i am agree with your good opinion.you know whats the good and whats ths bed.its really patient game for every steemians.i hope that,very soon bitcoin prize can leave top high level.so, I was wondering if those could be more red ,. but red is red and sure times will be better, times will be green and especially STEEM. In my opinion is this the coin to focus on.thanks to sharing for your good post.good job sir @exyle

It's okay, markets were always like that.
It was really smart of you to move some funds into fiat. I did the same a couple of months ago. It will work out somehow for all of us.

Excellent video friend and i agree with your thoughts steem has so much potential and i think we might see 1$ steem again in this downtrend but once this trend finish then 10$ to 50$ steem is well insight, so i think this is the time when we all have to get our fiat ready so that we able to buy crypto at nice prices, thanks for sharing your nice thoughts regarding steem with us and wish you all the best in all of your future endeavors! Stay blessed

I agree with you about posting at your normal rate regardless of the STEEM price now.

I am on the same page with you that I will invest some of my fiat currency into STEEM if the price stays the same or goes lower in the coming weeks. Upvoted!

I think next up move is something 14$ steem ...
the first year was 4.20$ .... At the end of the second year was 8.20....
And this year is steem... I think it is 14$.. or 15$ something the highest rise.

I wasn't here at the beginning and I've lost a bunch since I started buying in.

And I'm FINE with it :)

Because you like said, in the long term this is just a dip in the road. I applaud you for seeing this opportunity years before us minnows lol Great vision for the future :)

I'm loving these prices though. In fact I had to dip in my pocket today and buy some more!!

Problems are relative. Snakes and Rats are worse than mice etc. The prices will jump when the market has dropped to an unknown bottom. Thanks for your strategy.

When it comes to my STEEM investment nothing has changed much really since it came down from $8. (besides the payouts maybe)

So true @exyle. but sometimes I get worried if the price of steem will continue going down. All things being equal, it's still good

Exactly man no one wanted to barter to their hard earned reputation and Sp with that much ease !!

I've just started buying on average so it's a little scary watching the price go down each day. although I get that it's the long term average that counts.
The only way to get used to it is to be in the game so I have to take a deep breath and keep playing!
have a fun day @exyle. i hope when you get back to your house your mouse problem has been resolved. 😊

I would like to understand a little more about this world, I may be confused when I always read experts about a rise for this month and what follows is a drop that doesn't stop, but seeing the calm in the experts (or at least that's what they reflect) makes me feel calm.
Excuse my English, I use a translator.

Good morning, for me it is still fun to see and read so many posts. The alts are indeed so red, I was wondering if those could be more red ,. but red is red and sure times will be better, times will be green and especially STEEM. In my opinion is this the coin to focus on, and it will be listed soon high in the top 10 !

I believe in steem and in the blockchain, so I will stay and put energy and time in. I trust it will pay out for sure. It could be little at this moment, but it is just a start from something very Big!

The 8 dollar days will be back, and then i will have such a fat vote i grew with the cheap steem i got now.

I think steemit will become widely adopted, hodl you steem!

yeah I believe Steemit is the next big thing in the market and people earned good money from this platform.

three months it has been almost and the market just keep dipping no way of getting out from here hahah

I’ve always been more of a long term investor. I’m just using these opportunities to load up steem. Warren Buffet always said to buy when most are fearfully and be fearful when most buy.

Hello good video :D

This is the time to actually be patient. Though I do not have bitcoin yet but will keep the little steem I have and buy some more in due time, things will surely get better.

I just wrote a post encouraging myself and others to hold their steem and sbd, you can check it out in my blog. Thank you for the post.

Yes, I feel this is the right time to buy steem, that's for those that have the resources... For those that don't have, it's better to hold...
Will check your post for more info @simspread

Nice Vlog

Good post. I recommend that you look at me

Good post! Thank you for the content!

It would be very cool if you voted for this comment!
I subscribed to you. Subscribe and you are on me!

^--- You made this exact same comment at least 18 times in the last 8 hours. View these duplicate comments

Upvote this comment to support @duplibot and help reduce spam and superfluous comments.

Be patient. It's the best advive for these times.

Success sir .....keep steeming

The prices have fallen and I feel this is a good time for those that hadn't yet invested.

I'm impressed

Steem l still see the best crypto anyone could be involved.l keep sharing with my business parties who are more into investing..thanks for this @exyle

I never doubted steem from day one, and I strongly believe it's as you said, the best crypto.

Completely agree with you. Those who have been in crypto for a while are already used this roller coaster so all we gotta do is hang tight and enjoy the ride. and of course #hodl https://steemit.com/cryptocurrency/@anialexander/hodl

images.png

The current position of btc is very bad. It's making no sense how much down it actually may go

In this downtrend the only thing to do is to hustle...and not read a too much news spreading FUD :)

wow
very good post dears...

Nice post, thanks for sharing

HODL HODL Hoooooooodl *weeps uncontrollably over lost cryptocurrency value.

good video

The same question remains, has crypto really provided 500 billion(now 300 billion) worth of value to the world?

I don't think so. I look at my feeds and, again, I find myself upvoting not because I think the content is great, but because the dollar value vs # of upvotes is optimal. And I still don't get any curation rewards for some reason but whatever.

After I muted all the obvious zerohedge shills and cops, there isn't anybody even trying to talk about anything interesting on here and the crypto speculation has now been proven 90% wrong/stupid/hype.

The 70k or so words I've written haven't garnered a single intelligent response and the only whale upvotes were from disinfo agents who turned their back on me the second I questioned their specific narratives.

@familyprotection is a scam, which is creepy af btw, and there is no chance of haejin et all being stopped from their abuse of edge case rules, so I see little reason to contribute to a platform that does nothing for me as a writer and is just as ineffective at connecting me with other humans as reddit and twitter are. As in, I feel a game afoot, like something is rigged here. Like how is it that I wrote so much heavy stuff with archived evidence links and not a single interaction I have made in hindsight looks either real or valuable.

btc went to 11k because someone bought 400million, then went to 8k when that person and friends decided they wanted to play speculation min/max games daytrading. Further, I wonder if anything about bitcoin is really anonymous as the ledger is public and if you didn't mine the coin yourself in some kindof deepweb blacksite, they are going to find you.

Frankly it all looks like a trap in every way. Yet another iteration of the web that offers nothing but a panopticon and ways for the same rich people to exploit the system. So disgusting.

Big believer in Steem and the potential it holds. Agree with your investment strategy and outlook @exyle

The market is always and will be unstable that is what this is about, it is like a game the most patient and good investor wins.

When in doubt, look at this chart and think about how foolish it was for people to sell after the crash in 2014.148A409E-C1BA-423E-95AB-21277D5B1771.jpeg

everything in red today seems like your entry point is again perfect its coming down there now

Wow kerja Bagus kawan good information ,

Terus lah berkarya , itu namanya rezeki kawan ,

Salam

i'm really scared about all cryptos :( I hope it will grow up :) but i wish you to reach your goal

great to see the market in dip good time to buy if you know how to invest wisely like you but sbd now falling down and i don't think it will be up like last time

Anyone still buying Silver? The great wisdom of billionaire Warren Buffet said " Be fearful when people are greedy, and greedy when people are fearful". Silver is only $16 an oz (through the manipulations of the banks), meanwhile China, Russia and many major banks are stockpiling the metal. Lets face it , YOU CAN'T HAVE CRYPTO WITHOUT SILVER! PERIOD!! The level of consumption right now exceeds production and silver still is at $16 an oz?? I might buy a little more into crypto and learn how to trade it, like stocks, but I'm definitely gonna keep on stacking!!!

It's always advisable to maintain a sustainable amount of Fiat for times like this. Those of us without any other source of cash flow have been hit real hard.

I am scared

steem is really the best project still many don't know about it the steem power is the real power of crypto

steem coming back no worries i think we have seen steem in cents so it will go rapidly up in no time too good opportunity to buy more

hallo friend steemit your posting is very good friend, may i love you a little suggestion so i can be like you, oa and i am happy too if you want to drop by in my post hopefully, if you do not want nothing also because I'm quite happy we can be friends more like this thanks
@exyle

loved your investment strategy you keep sharing these videos as i don't know where to take my funds out

Great video☺

You are right. Time of matter.

I too invested $1500 but i am in huge loss. Now i left only $400 but i don't want to sell even a single coin and i know that it will worth more than $4500.

It just matter of patience, Right time to buy and Right time to sell.

I will buy more and more when it go down and down.

very nice vlog i like it :D

@exyle,
I also sold STEEM at $8 and now looking for a good entry point to join back the market! At that day (Just after selling) I thought I made a bad decision! But now i feel I made a right decision too!

Cheers~

Thanks @exyle. Iam selling some stock in other investments ( so I can buy SP as I want to continue Blogging long term here at Steemit and want to invest in the Platfrom) and have a market order to do so tomorrow morning.

Then I will bide my time and buy some Steem to power up to SP. Do you think we might reach $1 in the next few weeks ??

Or should I pull the trigger at $1,50.

Anyway, thank you so much for your Blog/vlog and Commentary on this.

P.S. I realize you are not saying you're a professional so I want to make sure that you know that I know that you are just giving me your opinions on the Markets ( not advice) and I accept ALL risks. :)

wow, do you actually make that much money?

this one of a kind, absolutely lovely..

  ·  7 years ago Reveal Comment

Hopefully all cyrptos can find a bottom soon