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Keep STEEMing On
I have seen a few posts lately from relative newcomers who have had a fair old winge about the price of STEEM falling. So i decided to think back to a time, not very long ago, when STEEM was hovering below $US1 for quite a while. What was everyone doing when it was that low then? Everyone was posting and cheering the price of STEEM as only a few months before that, the price was floating between the 10c and 50c mark for a number of months.
This is the opportune time to consolidate and build up your SP ready for when the market bounces back and STEEM hits $US10 again. One benefit of the STEEM price dropping is that you receive more SP per post and comment so it is not all doom and gloom.
If you are on STEEM to make a quick buck, then we will probably be saying 'Bye, Bye' to you everytime the price of STEEM falls. But if you are in for the long haul, consolidate during the lower times, you will then reap the rewards and benefits when the good times roll around again.
The moral of this story is:
- Keep blogging and giving your time to this platform
- Keep contributing to communities and building connections
Your effort will pay off in the long run, trust me, I've been through a few STEEM 'lulls'!
Thanks for reading.
Awesome Steem Witnesses!
Come and join us in the Team Australia Discord Channel
Holding your steem!
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People under estimate the power of SP. If I had to do it all again (especially at the heights of SBD) I would have transferred all my SBD into Steem Power.
Steem Power = Influence and exposure
Influence and exposure = Followers
Followers = Sustained growth
Sustained growth = Able to support the communities that help others that just started.
Thats the hard lesson we've learnt but better late then never right haha. Good advice in your article mate! Its great to see some positive attitudes around such doom and gloom!
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@gamersclassified
I am really impressed about your concise breakdown.
I have been around for quite a while and I know that this is the best time to blog the more. When the market takes an upturn drive, it helps eventually.
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Thank you. No better time then the present to get started!
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yes we should keep patience and do our best for growth of steem
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Yep, this is the time to really build your stack. Not to mention purely build your following through greater exposure while content creation is down.
The price is going to bounce back, position yourself to take full advantage when it does.
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Well i am here for the long haul as well as for the Bucks. I intend to go and look for money to buy steemit, this i am sure will be to my benefit at the end of the day. And yes i will continue to "Steemit on" sir.
Thank you for an encouraging content.
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I think of it as dollar cost averaging. We get more steem when the price is low, less then the price is high. You're right though, keep believing in the platform, creating food content and forging community links and you'll be fine.
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So many typos! Note to self - review!
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Still got a small upvote. It took all my powers to suppress my teacher side!
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Nice work :-)
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I agree man, as far as I see it your really getting the same amount of SP, albeit less SBD. But long term I think it's very important too stay active in times like this. I'm also taking a good hard look at my crypto holdings and thinking of moving some back into steem.
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So much noise outside and many will give up when the price of an asset is going so low. They do not seem the true picture and full power of this platform in the future.
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Solid advice buddy. It really only dawned on me recently that we generate more Steem during the lows in comparison with the highs. It just looks better when the value of Steem is higher.
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And you receive more SBD when the price is higher.
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How does the system exactly works where you get more steem for a post when the price drops? I don't get the mechanism that links reward to course.
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Bye bye newvies! As for me im out in 10 years..
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Let me keep STEEMing, i once saw Steem price at $2 before it hit $10 late 2017, and every one appraised the price. Those who think quitting is the best option, remember Steem was at once at $1 or even below that, but people joined and kept on blogging. So, let' s look-out for the futre now.
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Information is very meaningful, hopefully STEEM will jump again at the end of this month, let me resteem,
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yes the best thing to do. Thank you any way .patience is the key.
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Yes! And great to see someone spreading some positivity! I shall to my best to do so too! :-)
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I will keep on going at it while I am on this site.
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Give us advise and what are the steps that we should do to have a good income on steemit please.
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You need to build a following and get involved in a community. Write great content too. It is not easy, but with hard work comes great rewards!
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markets down by 50% what to do!
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Nice
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thank you for sharing information @scooter77 This is very helpful for steemit friends
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Exactly when steem hits 10 bucks you are going to make so little SP. I'm just taking this chance to build the sp.
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I agree, but those new entrants to steemit, might have a different impression once after posting several content, did'nt earn anything.
How can we motivate more steemians to stay on the platform, blog and hodl steem?
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I have committed myself to this platform regardless of the price, I promised myself I would give it my best effort for a year and see where I end up. :)
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Google can ban all cryptocurrency-related advertising of every type in June 2018, in step with a recent update to their money Services policy.The news of a crypto ad ban comes simply days when crypto advertisers victimization Google Adwords noticed a forceful come by the amount of views of their advertisements, in step with posts on the Adwords support pages. However, Google Adwords had at that point denied any amendment in their money Services rules that may block cryptocurrency or Initial Coin providing (ICO) connected advertisements.Under Google’s fresh updated money product policy, no advertisements for “cryptocurrencies and connected content (including however not restricted to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency commercialism advice),” are accepted.
The move affects all of Google's ad product, which means firms won't be ready to serve crypto-related ads on the computer programme giant’s own sites, likewise as third-party sites in its network.
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I am flagging this comment as you have copy and pasted and spammed this comment across many people's posts. If you wish to be successful here then I suggest you stop this immediately.
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ok.now i am stop this,thank you sir..
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