Is this the bottom?

People wonder if these price levels are the bottom for bitcoin, crypto in general and for STEEM in our particular case.

Here's the chart for STEEM for the last year, although this post in mostly not about charts and prices.

Timing isn't everything, although advertised as such. Maybe more important to other tokens, but to STEEM, with the possibility to earn as you use the platform, not to the same extent.

This comes from a man who landed on this platform close to all-time highs, and I'm still here, still doing my part every day.

Would I have more STEEM now if when I joined the price would have been much lower, possibly closer to a bottom, like supposedly we are now?

What if, instead of investing then the same amount, a little bit because of the FOMO, a little bit to overcome potential bandwidth limitations, I would have waited, or be turned away by the bear market?

It is possible that the path would have led away from Steem. Or that I would have been more cautious.

It's also possible that, despite the bear market and the lower activity, I would have seen the value in the platform and would have bought much more STEEM with the same amount of fiat.

Who knows? The path is only certain once you have walked on it. And it is a very personal journey, with all the role models that might influence it.

So yeah, timing isn't everything. It might seem like that in hindsight.

If timing were everything, we all should have joined Steem when it launched, during the "mining days". But there are Steemians who joined later, even much later and they are doing fine, and that's an understatement.

Not even a "perfect" journey isn't everything. If you made time to read the interviews I mentioned yesterday, you would know now that @dhenz purchased most of his stake after his account was hacked and he was able to get it back (but still lost over 10K in liquid STEEM in the process).

That's not a "perfect" journey, with no setbacks, but look where it got him now.

It's almost the same with new users, who might be tempted to give up because it seems they spin the wheel in vain. Their journey seems impossible. But if they continue, small results show up and pile up. The journey seems possible, after enough steps have been put one in front of the other.

To return to the question in the title. Is this the bottom?

To this I answer: It doesn't matter to me. I made a decision a long time ago to invest in Steem on the long term.

Catching highs and lows, while it can be exciting, it's only a secondary goal. The major goal is on the long term.

So I continue to buy STEEM and power up. Lately I settled to a monthly pace, especially with STEEM under $1.

But I don't have a clear goal for SP, now that I easily surpassed my initial milestone to have 1,500 SP by year end.

I have something in mind, but I'll wait for year end and the evolution in STEEM price to set a date for it.

Steem on!