PATIENCE

in steem •  7 years ago 

STEEM14042018.jpg


endurance - staying power - persistence - fortitude - serenity
.

Dull Market - Investopedia


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@cryptographic

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Resilience...

Looks like BTS is following that route. Now we've just got to get STEEM to follow along!

And it just might happen.

This week is the key-week...will see what happens.

"never short a dull market." Some believe that the market is storing energy during dull markets and that the market is preparing for a rally.

We finaly have the double bottom and now higher low. 50 MA crossed 200 MA to the upside which should be bullish. We also broke significant resistance and now we are coming back to this thick green line which is now support. If we bounce from this line/support you have drawn, this will be beautiful confirmation of trend change. Hopefully the trend is finaly changing. I’m sure you already went through these bear markets in the past. This is my first time in Steem and overall crypto and being invested at the same time, but I believe this time is no diferent. The best thing that can also happen to Steem is to untether its price from bitcoin. When it happens, Steem can go anywhere.

Double bottom, downward sloping inverse head and shoulder, or rounded bottom, it looks like something fairly important accompanied by increasing, but not exaggeratedly so, volume on the upside, good technicals, etc. Something worth mentioning anyway. Thanks for your contribution - nice summary!

Nice coin stem I expect a 5 month hike
We have to work hard and patience until we get what we want
You are a wonderful person and above me

I like that time frame, and thanks for the kind words, but above no-one I'm not. 🙃

Technically i am not that sound . But i do see the bottom in a naked eye and when volume appeared price spiked (to me thats a confirmation of bottom). Golden cross is psychologically important . Above all i think the fundamentals with steem is pretty strong ( Consensus coming , appics hives are on the card ). And the number 1 blockchain in terms of usage with approx a Bln market cap is just unjust . Cheap it is. Loots of room for upwards .

As you say, the fundamentals are very strong. Steemit is definitely going places!

Never cut a tree down in the wintertime. Never make a negative decision in the low time. Never make your most important decisions when you are in your worst moods. Wait. Be patient. The storm will pass. The spring will come. -Robert H. Schuller

Thanks for that nice quote. Very appropriate right now!

I am really glad that you liked it.I also think it is the time to be patient & not doing anything foolish.Me & my two friends are trying to buy Crypto as much as possible because we know this downfall is temporary, soon Crypto will rise again & claim his Throne.

Sure...we can start from countdown.. @cryptographic..
We should wait and see till december ...

I think it's started. 😬

Sophisticated decision man @cryptographic..

Preach! People oftentimes forget that it took over 5 years for BTC to really take off and 10 years for Amazon.com to take off too. It took 20 years for Intel's stock to skyrocket!

Those who stayed the course are now just patiently waiting for another opportunity to snatch up more crypto and I suspect we won't be waiting for double digit years

No doubt that opportunity knocks yet again!

  ·  7 years ago (edited)

There are many signs telling us the downtrend has finaly ended. Let’s see if that gets confirmed by higher highs and higher lows. I'm definitely bullish on steem, more now that I saw recently that steemit has almost a million accounts and is working perfectly. This a 2x gain from a few months backs that only had 300k accounts. I noticed recently many steemiens I follow are powering down and withdrawing Steem. I think it’s a mistake. Instead buying on the way down they sell. I’m a huge believer in Steemit platform. Let’s hope this nice bounce is permanent. And if not, that’s fine, we just have to be patient.

I've been powering down a bit, but not because I'm negative on STEEM, rather because I need to balance my portfolio a bit more - got a bit too much in both STEEM and BTS and, with the charts of those I'm buying looking very much the same, it's really a wash deal as I move out of one and into the other. Still fully invested though, just more diversified.

It makes sense in your case. Diversity is very, if not most important when it comes to investment. Afterall you deserve to take a bite of this amazing Steem pie 🥧. I’m not at that point just yet. This chart, if confirmed, is showing as great times ahead.

Diversification and best practice portfolio management is the name of the game.

And the chart keeps getting better!

STEEM19042018.jpg

Love this chart. 20MA is about to cross the 50MA. And I also love the way we are sitting above 200MA. It’s a beautiful set up. If that is not changed of trend that I don’t know what possibly could. And I agree with you and @rothberg, diversified portfolio is recipe for success.

  ·  7 years ago (edited)

Hello, @cryptographic; next to BTS and Steem, what other projects are you diversifying in if I may ask? Do you still believe in Sys and ADA?

I still believe in SYS and ADA. I've taken a full position in ADA, and started nibbling in SYS. I also like ARK and PIVX and am building positions in both - just starting with ARK and fairly well along with PIVX. Those are my big position plays for the moment and I'm keeping a small amount aside for more shorter term trading of more speculative assets from time to time.

Tnx man! I'll look further into ARK. Was also on my watchlist.

Hi @cryptographic welcome back
Steem power still get interest payments for holding steem power and help in adding value to the steem ecosystem-a win win for all. How do you acquire steem power? The easiest way is to buy steem and power up (if you have the money) and or blog smart on steemit , earn steem and power up your steem ( you can always power down some steem if you need the money ).

Patience: Patience is a great virtue to have if you want to succeed in life. Therefore, focus on the fun part of this great platform ( not trending and hot pages) , take out time , learn the way things are done here and build your followers through prudent commenting and engaging with steemit communities (avoid follow for follow or vote for vote scams), joining challenges and asking successful people questions. After building a good followers on steemit , then you start blogging on the topics you are good at (use relevant tages-5 max) . All these might take few weeks or months- however the good thing is that you will surely reach the promise land if you try.
Than persistence - fortitude - serenity make us happy :)

Very good advice on how to approach becoming part of the Steemit community, and some ways to make it the most profitable that you can as well as being the most satisfying.

If you give me a welcome back after not posting for just a week or so, I've got a feeling that you might be saying the same thing repeatedly in the near future: I'm extremely busy and will be so for the next 2-3 months. I'm still "mining" my STEEM though, by commenting and doing more of a "curating" thing now since I reward what I read, and then post a comment that hopefully adds value. I have to find 5 "worthy" posts a day to reward and comment on in order to "distribute" the 20% of daily SP rewards I have. It takes me at least 30 minutes, but I kill two birds with one stone since I am also doing my best to stay in touch at the same time!

i really appreciate your help and support

Being patient and having confidence is the only way to go if you are to have a good time and make a return on your investments. The great thing about Steemit is that it is so engaging that many days I don’t even notice the price of Steem... It’s the ultimate distraction! Now the price is going up, I’m sure many will jump on the train, and have more confidence in Steem and Steemit.

That certainly is one of the great things about STEEM - you can be invested in the best cryptocurrency in existence and be productive with blogging and social networking at the same time!

@cryptographic,
I am awaiting to see the seasonal trend! Last time it might start happens June, so I wish it might happen this year again! Anyway, I am always keep in touch with graph to see the price of STEEM and SBD! And some small trades made me profitable as well!
(Sell STEEM in high price and buy in DIP)

Cheers~

I estimate seasonality to be positive into mid-summer.

Well, right now the market is doing pretty well, as we can see, there are some pumps going on, there are corrections too, some interesting airdrop is about to come on the EOS addresses, everything is quite awesome!

What I find the most useful at this big correction that all the market faced, the whole bear run that drove the market in the last ~ three months is the fact that we know there is a powerful support line at 250 billions dollars

Which I really believe that it is a healthy thing because it increases the confidence of investors in the market and in the safety of their investments. A lot of people will see it as a second chance to buy cheap crypto and this is a great thing and also a dangerous one since it can trigger a big FOMO.

These were my thoughts :)) I am actually happy to see you posting after a while because there were not many good people that I knew to talk about the market evolution with so welcome back!

If things are to continue higher in the biggest-bull-market-in-history fashion, this is where that support should be! We'll have to wait and see though. Nice comment and chart. Thanks!

Sure Sir @cryptographic start the countdown.
Soon @Steem will rule again.

I think so too.

Its good to know that you feel the same way as i do. I thing in a few month all the Cryptocurrency including @Steem will gain its full value.

Great to see you post! Definitely seems that something is brewing in the market. What I see positive is that buyers seem to be selecting some assets over others as if the real quality assets available are outperforming those that are still in development. This is the way it should be in my opinion so that is great. This also is a great time to diversify in order to ensure you can have options in different assets.

I couldn't agree more. It's what I'm seeing too, and it's what I was hoping to see (and am hoping to see more of the same in the future). Sooner or later the quality assets need to get their due, and it looks like that's starting to happen. It's a process that should feed on itself as momentum grows . . . but that's still probably a ways away.

STEEM sure has been behaving great the last few days! I really like what I see! I think you are correct to expect a big upward move. I think we might see new all time highs for steem pretty soon :)

thanks for sharing!

Just for the record: You said that 2 days before I did!

😃

I am indeed really hopeful that this time it acts as the uptrend it is suppose to hold on ;)

While the rise of BTC seems to have a lot of positive affect in many of the rise and moreover there seems to be some buy pressure before the rise ;) which is indeed quite great !

Let us hope for the best dude ;)

I've been reading that a lot of big money is moving into the crypto space in a sustained and powerful way. We may have seen the bottom in BTC. Can't say the same about ETH though. Keep the "quality" word in mind even with the large caps.

Well that might be true for BTC .If it happens it sure will be a great news but as it seems as from this point a slight decrease can be seen !Hope it does not affect that much !

while I can just guess but I am sure gonna be happy if the market gets to t earlier glory ;)

This is really great, the recent surge in steem value is hopeful.
I believe in steem and crypto in general and it needs patience to stick around, otherwise you're gonna lose your mind.
Unlike for most, steemit is my way into crypto and I'm learning new things as I go.
I joined steemit with a few friends most of which though it was too much work to get decent rewards and quit long before they even gave themselves a chance.
Patience is the key here, you need patience in crypto as well as in life.
Hope crypto keeps rising

I was gonna say welcome back but I read your comment that you're gonna be busy for a while but I'm glad you posted.
I hope steem continues to rise, it is giving opportunities to many people who are talented but couldn't find a job or anything.
That's why I love steem most that any other crypto, cause you can just earn from scratch here on steemit.
I hope we see a much higher value this year :)

We are a revolution, and we are just at the start. I have faith in that. I like to focus on the amazing and REAL community that Steemit really is. It is this positive and supportive nature of Steemit that really makes it so compelling. I know that even if the price of Steem was to bottom out, there would still be plenty of people using it, because it works! But let’s not let that happen! How amazing will it be when all our Steemians put just a little bit of money into their wallets.

If you are a minnow and have $100 spare that you would like to invest with a potential of great returns, I would say right NOW is the time. It’s always such a shame to miss a boat that you are already on! It makes the whole game much more fun. Will there ever be a better time than now? I believe before long we will reach the magic $2 again. When that happens I hope you will be looking back being glad you invested something and up voting your favorite posts with a bit more than zero. Thank you ALL!

Well i guess the future of steemit is looking to be great as it for tge persistence it has.
I had some questions i am very new to steemit and i dont use it much but i want to know alot like how to read this graph.What does it signify?

obviously both crypto and steemit demands patience
hodl and wait for perfect time is key to success
steemit needs hardwork and patience ,endurance
good times ahead

dear @cryptographic..
most welcome to back
by my opinion,,
dear sir,,its need to wait next some months for countdown of seeing result ,in market

in steemit ,
a patience who take great reward and reward,,all of path he know to get the highest reward,,

hellow
@cryptographic

dy dint of patience we mean ,,who in the capacity to accept or tolerate delay, problems, or suffering without becoming annoyed or anxious.
but in steemit ,,,who working hard to get a great goal of reward to success , who give a great blog by 5 tag of a things elabration,,
and turn himself on top of goul,

the quality of being patient, as the bearing of provocation, annoyance, misfortune, or pain, without complaint, loss of temper, irritation, or the like.

here greatly need to till 4 month to 5 month waiting to countdown based on its situation,,thanks

Sir since many days the prize of steem has decreased, you also know that. The market was really in a bad situation. But from before yesterday the steem prize has increased slightly. & All people of this community who are unavailable those days for the market situation they are now coming again. now i want to say that this is the right time to start the countdown. & i really can't understand why some people leave this community at the time of down market. I this community all people should stay together than we all can do much better & can reach this community at the top. like all i also do a prediction steem prize can rise in the last cople of months of this year.

@cryptographic ! This is a second comment I am making to this post you made to let you know I made a post today on Why Steem is the Best Blockchain in the World - How the London Crypto Show Presentations Unveil it - Thanks #Promo-Steem for your Hard Work

Looking forward to your thoughts on this one when you get the chance.

Regards @gold84

hi
@cryptographic
if we countdown start by seeing the position of market situation,,
its will be the best work to wait some time,,,,

on the other hand

a patience is who want to be get a goul by trying to take position
be developed day by day,,,who follow all instructions of successfull work done,,thanks for sharing

Wow seems like the breakout was success and i can see the moon ;)

It seems to me that in the future we will have a mirror image of the schedule, only in positive dynamics. Good luck to you and Love.

Мне кажется, что в будущем нас ждет зеркальное отображение графика, только в положительной динамике. Удачи Вам и Любви.

Steem is just storing enough energy to rise and shine. it had been in the lows quite a while but the future seems more brighter and nothing can stop....lets us hope for the best but as per the prediction

For the first Quarter of 2018, Steemit rate is predicted at $6.5. For its 2nd quarter, the cost has been estimated to upward push at $9.Seventy five while in its 1/3 quarter the rate is estimated to upward thrust to $14.5. Through the fourth quarter, it is estimated that the Steemit cost can be $25.

Let us see if steem can makes millionares..😁
Btw good to see you here after a while,yiu should steem on and stay persistent my friend..

Patience is the master key currently and keep hodl is better activity. I seriously believe next December price will be more up and we can earn more rewards via holding. You see every crypto prediction @cryptographic.

Hello @cryptographic

Thank you very much .

I see btc never been on the price of hundreds.
but now has reached dozens of thousands.
cryptocurrency is very beneficial ..

this is my opinion.

Hi @cryptographic ! Change of trend and both Steem and BTS to the sky again, right!?
The good question is when at $5, $7 , $8 and when the higher highs?

Regards, @gold84

thank you for being given a chance to comment.

I still do not understand about cryptocurrency
but I want to learn.
i will take the bahian from cryptocurrency
because I believe, crypto market will be stable.

This is me .

Thank you very much @cryptographic

I do not have much knowledge about cryptocurrency graph!! But, I like to learn new things.
Thank you for your initiative @cryptographic

Those who are really successful always look for the chart above daily and weekly and more precisely they look for monthly chart and that gives a clear direction and price action and on the top of that there is no noise in the higher time frame.

So one who look for higher time frame chart is a visionary person and it paves the way for the long term goal also.

So lets talk about the price action week after week, month after month and I am sure we are having a goal in sight and we are right there and paving in the right direction.

Cheers~~

As much as most people would like it to be different, no one can deny cryptocurrency markets remain incredibly volatile these days. Regardless of whether it is Bitcoin, an altcoin, or a digital asset, there are no guarantees of profit whatsoever. In fact, most people have to suffer plenty of losses and hardship before they can even dream of making any form of profit in the first place. If every investment we made immediately yielded dividends, things would get pretty boring rather quickly.