Hi Folks
So: What with the price of STEEM falling in the last week...along with upvoting probably way too much, my steem power just doesn't seem to be having the same effect as it did two weeks ago! :'-(
Well, there's only one thing for it then: Buy moaaare steem power (right?!!!) :)
Actually, i feel a bit bad for powering up some more as I really don't need it. (As well it quite likely being a pretty crazy thing to do when you already have a lot tied up in it.)
But, conversely, if we want to expand the user base of steemit by 10x, then we probably need 10x more in funding to keep the same level of payouts. And the only way that can happen is if somehow we increase the market cap by a similar factor too (right?). And the only the way that can happen is if more people start buying STEEM and powering up! Right, so I don't feel so bad, then :)
DISCLAIMER!: The caption in the meme is supposed to be ironic. I.e., I'm not suggesting buying steem is actually a good idea - in fact, I'm hinting that buying steem power could well be a crazy/not good idea! The price of steem can go down as well as up. As well as going to zero(!) Do not buy more than you can afford to lose. Etc. This is not investment advice!
Making me want to buy moar steem!
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I upvote!! I know it's not much, but i wanna help you to get your steem mate!
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You are kind. Following you!! @bayrene, I am already your follower :)
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Guys let's all circle jerk with @Bayrene here :P
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Cool ;)
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Steem price will rise as the time will past, it is already 10x as per my information and right now we are in a bear market, will see bull trend soon and steem will cross ATH and reach to $3+ this time. so no worries and yeh lets buy more steem power to equalize the money flowing in demand.
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Let's all hope so!! Thanks for your comment :)
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I guess thats the right way, i just cant afford :D Hard life
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Maybe something to consider if and you do have savings. It's normally recommended to have a balenced portolio e.g. Property, stocks, bonds ... but along with that a small amount crypto could (or equally it might not) provide some return on your investment.
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I understand what you mean my man... But im just some really poor student. I was shocked about this upvote, 14.44 $ for one comment? Mate who are you? Are you Jesus? You aren't or?
Just joking but.. To be honest, if you would upvote one of my comments with this amount everyday i would get more money then i actually have to deal with in a month ^^ So thank you and have some good night!
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Hehe... I'm just a trader who was lucky to make a good return on the recent bubble in crypto! There are way richer people on steemit than me (and most of these didn't even have to buy their steem 'cause they mined it during the semi-secret launch, which was nice for them of course :) ). If you want to see the rich list, just have a look at https://steemwhales.com!
My current steem power is now pretty depletely so I think im going have to completely rein back upvoting replies after today (so pretty much on no more comments for a while). But since that was such a nice post I can give you one extra upvote for your last comment too :)
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Well, sometimes you need luck! I'm really happy about your support brother! You don't need to upvote my posts.. im no greedy man, but im still happy ofc :) I upvoted all of your stuff but its just 0.01$ :D Thank you for showing me this site, but im looking for interesting people, like you seem to be, since you are answering my comments..
And its just awesome to get 16 USD on one comment bro, i just love you really much haha. And im sad to tell you, you wont get rid off me that fast, hope you can live with that ^^ gn8
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Lol / thanks. No worries, hehe. Have a good day :)
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Working title: Confessions of a STEEMaholic. Lol
Once I get a good return from my ico, I'll do this too. I think it is always a good idea to buy steem and power up. In the (still far) future it would be nice to curate ^_^
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Hehe! Great!
Hope it all works out for you :)
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I'm positive it would! Just a matter of 'when' (wink). Hehe
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Haha, I had to do it. Have a nice day. ;)
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Good for you!
And .... you put my name in the caption of one of my favourite memes! Cheers :)
Gotta upvote :)
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Cheers. You made my day. :)
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Genial, gracias por compartirlo lo tendré en cuenta :) @xaero1
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Hey I think you're the first person that resteeemed me. Awesome! Thank you very much :D
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De nada !! Esta bueno tu post, claro lo que pude traducir con google jajaja @xaero1
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¡Muchas gracias! :D
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Great analysis, xaero! I also see this community as a fascinating "work in progress" . We do not know yet where this will end. A year ago I was not even aware of how this could work and today I see brilliant posts and things happening in real life. We are talking about people, about conferences/steemfests, even buying islands together. WOW.
That is the reason that i wanted to give some trust to steemit. I also powered up by exchanging my bitcoin to steeem. I hope itwill work out.
I have confidence in the people, the writers, artists and commenters. Thanks!
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Great comment! :)
Converting BTC to STEEM is what I've been doing too :D (and hope to do again in the future).
Thanks very much for your kind words.
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Ok, see you around! Thanks for your sincere upvotes, like a real gentleman!
I give you my full, simple, small 100% vote. Appreciate your approach.
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I've only been on steem a few days,I didn't really now what to think of it,so I started off with just buying £25 worth of steem and I don't regret it. Definetly buying more next time,I know it's hardly anything,but I'm sure if everyone purchased just a little amount,even that would make a difference.
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Great comment!
Hopefully it will be a win-win situation - more people start investing and holding steem, ideally it starts getting used more and more as a currency (so people don't have to cash out) and moreover it's possible it provides a great return on investment through the rewards. Anyway, that is my hope and reason for investing but only time if this (radically new) economic model will work out!
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Totally agree.
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Thanks ,totally agree only time will tell
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if i can totally afford to buy SP i would buy some... 😞😞😞
This Banner is Clickable :)
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I will try to upvote some of your posts :)
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OMG!!! @xaero1 noticed me!!! 😱😱😱
i have no words! thank you thank you!!!
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Lol...I'm just an investor/speculator, nothing great about that :)
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its so rare being noticed by a whale here on steemit thats why im so happy being noticed by you.. 😘😘😘
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:)
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You are so right :) I think I will do it too :)) it's crazy what's going on here on steemit ! Keep going. It's 2 days ago, but I will resteem this post tough. Have a nice weekend and thank you so much for upvoting a lot of my post. I'm very thankful :)
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Thank you so much!! Best regards.
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No problem :)) we will text these days :)
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I really would like to be able to buy some of steem power. 1 of my friends has some, but we don't have that money. He told me you are some really good man, and maybe could help?
And may i ask how much steem you have?
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Lol love this meme :D STEEM power ftw
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Hey, thank you so much!!!
Also, just glanced at your profile and I'm following you now! :)
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Awww Awesome thank you!!♡
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Cheers :D
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Great post👍 I gave you my 100% upvote and re-shared to my page 😎
https://steemit.com/bitcoin/@lykencrypto/sector-life-of-sex-workers-who-work-off-bitcoin
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Wow... thanks :D
Also, I love memes/gifs :)
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Haha, some really awesome gif my man! Gifs are might!
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That's some really nice post!
I will buy several steem later, too and power up. I hope to get some bigger effect on my steemit activity, since i really enjoy this plattform.
Thanks you my man! We will see!
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Thank you very much for your kind comment :)
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You are welcome my man, i like you seem to be some active person, i want to connect, so i comment nice threads :) Enough people pushing their posts and spamming in chats, for me thats some better way to participate :) Did you check my channel bro? Upped some of my music stuff 2 days ago
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Will look out for it. Cheers.
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I just saw you are upvoting all of this comments here, i saw your votepower went down to 37% at steemd.com. Just to let you know, that there is some limitation int voting power and it needs time to recover. Depending on your vote power up to several days. I guess it would take you about 24 hours to recover to 100%.
check here; https://steemd.com/@xaero1
I think this mechanism should provide, that good content is pushed. Maybe it's some helpful stuff. See you later ;)
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Yes someone else mentioned that I think .. thanks. I plan to let my steem power regenerate after I've replied to all these replies!
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meep
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Yep I plan on making a large purchase in the near future
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Great on you!!
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Great post!
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Thanks :D
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Lol nice use of the overly attached girlfriend meme :) I love powering up as much Steem as possible because not only do I believe in it more than any other crypto and love the platform, but it keeps me from losing money trading! I can't tell you how many hours I've spent overthinking things back when I traded, so it ends up being a huge time saver as well...great post.
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Haha. Yeah it's pretty much only the 'crazy' part that was relevant, but still.. :) Thanks!
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Thanks for the tip; very generous!
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Or maybe 'steemit' is some ways like the overly attached girlfriend (that keeps wanting more of your time/money :P )
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Haha so true! And you better not let her see you try and pull up Facebook!
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:D
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Congrats to you for being able and willing to invest. I really hope all the investment will pay off for you and in couple of weeks/ months you will be sure that it was the right thing to do:)
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Thanks very much! We shall see :)
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ithink you're smart, thanks for the good ideas!
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Thanks very much ravegirl!!! (and I love your posts :D )
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@ravegirl nice picture ;) hehe
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Why even doubt it @xaero1 ? You obviously made the right decision. I only think of powering up at least by the end of the year, if not long after that as well :)
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Thanks for the vote of confidence :) Appreciated!
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I know you have plenty of steem power in your wallet but if someone is addicted with it , you can't help it. It's like attraction towards steemit .
I love the way you upvote steemers comment and resteem them, it's like respect to them .
Thank You for sharing @xaero1
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Thank you very much! I'm still a newbie .. but also I think the platform will always be a bit crazy (everyone having different upvoting power! Pretty weird really :) )
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Yes, you are newbie with huge steem power !
Hehe
And the best part of your is that you are so kind for people.
I wish I too had enough money to buy that steem power and to upvote other steemers.
But my hard luck
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Haha... newbie at actually using the thing. But I've been investing in it whenever I could over the last year (sometimes bought high, other times lower :) )
And thanks!
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Thank You so much
I wish you good luck for your future investments and steeming journey !
Always there for you :)
Steem on !
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Cheers!
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I just don't know much about crypto market but most od people told that its time to but steem because in feature steem value will increase. I never hear about steem before untill i join here but now knowing little by little. Right now i haven't enough so right now not any idea to buy steem but yes soon i will buy because its look more profitable.
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Although the price of steem has been falling recently, I've still been making a good return in terms of my steem power increasing due to the rewards. So, I think it could be a good long term investment, but only time will tell. Depends if the platform can continue to expand in terms of new users, along with people willing to invest in it (which is required to support the payouts). Of course, I'm hoping so :)
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So according to you is it time to invest in steem because as you said its at low level and also you said in post that in feature it will increase so as long term investment can we buy it now?
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No, I can't say that because that would giving out investment advice! Also you make it sound a bit like a MLM idea, which is not my reason for investing ;)
I bought more because I'm hoping that platform is successful
(and wanted to increase my voting power too ;)). If you look at other social media - if a platform is signing up lots of new users it's good a sign, and one of the most important metrics. What would be the implication of having loads of users? I think that should cause the market cap to go up one way or another as a certain proportion of new users decide to hold onto their steem and buy more in order to increase their influence. If the platform is starting to compete with Facebook etc, and these other social media platforms have much higher market caps, then I'm thinking steem is quite likely to be undervalued right now. But this doesn't mean that the price will go up in the short term. I'm hoping it does in the long term of course, but everyone must make their own investment decisions :)
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Ok friend then i think wait for some times to see how its going and then let me think what to do. Thank you for your opinion.
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Buying Steem is always a good idea ;)
A lot of people think Steem will be at 10$ in about a year..
We shall see huuh ;)
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Yes, we shall see ;) cheers
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Hello,
Yes I agree fully with you regarding the fulling in our steem power
Your Voting power now is 40.56%
If you want to increase it to 100% you have to stop voting around 12-15 hours
You can check your current voting power at Steemd.com/@YOUR-USERNAME.
I think it is great option to buy steem now .. the price is so good
Also, You may have noticed that your pending rewards for many of your posts are falling each day. This might lead you to believe it is a consequence of the recent hard fork change.
Thanks for sharing
Have a great and sunny day
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Thanks very much for that info!! I had a vague notion of this, but not the details. That's really useful, thanks! :)
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Happy to hear I am useful
Stop voting for 24 hours.. and when your power is 100 %
You can upvote only the good post and the good content that you think is good and useful for cummunity..
When you have 100 % power, your first 10 votes will be with 100% power .. after that will decrease 2% after every upvote !!
Thanks for support
Wish you a great and sunny day
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Thank for the info, and have a nice day too :)
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There are a couple of reasons behind this one that a major portion of investers decided to cash out at the highest level so they could buy a high volume of bitcoins with steem as the prices recover, I saw an article recently that mentioned that about $13 billion were withdrawn in a week which led to crypto market crash, the reason why prices are hiking again is because of the recent ransomware attack again so the prices will recover plus a lot of newcomers are there in the cryptocurrency industry now, I am a newcomer as well so you can expect the prices to recover after we invest in the market. This is one of the blogs that I have written recently about the crash and the article that I mentioned a link to it is given in it.
https://steemit.com/steemit/@rkaz/apparently-cryptocurrency-market-just-shed-13-billion-usd-in-profit-taking
As to why your voting value might have fallen can be related to your voting value, I was also concerned about it last week so I did my research and wrote a guide on it for reference.
Hope this helps.
https://steemit.com/steemit/@rkaz/what-your-upvote-is-worth-on-steemit-in-laymans-terms
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Very interesting! Thanks.
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I did too. I
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This post received a 3.6% upvote from @randowhale thanks to @hackerwhacker! For more information, click here!
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@xaero1
I'm now becoming your hige fan
I read all the comments and you're soooooo supportive to each and every person on steemit.
This shows how kind you are and sometimes I think you are being humble to steemers.
I thank you for joining steemit and being so good to us.
Love for you ! 💛
ᔕTᗩY ᖴIT ᔕTᗩY ᕼEᗩᒪTᕼY
ᔕTEEᗰ Oᑎ
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Wow, that's some compliment there! Thank you very much :)
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:)
That's all because of you
I'm so inspired by you from the day I followed you. !
I feel lucky to met you through steemit.
And yeah we're going to attend a rave party in few days ! Will invite you there ! The world's hottest rave party ;)
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Haha nice one ;). But thanks (I think!) ;)
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Yes, I too wish I could afford to buy a ton of Steem at this time and convert to Steem power. The crypto crash is not going to last. It's only matter of time before it picks back up. What to do when you aren't on the forefront of such an opportunity but not the funds to back it?.......Full STEEM AHEAD! Had a good chuckle from the meme above. Thank you.
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Awesome! Thanks :D
I wouldn't be surprised if we see more 'blood on streets' in crypto before we get another bubble sometime in the future. But either way, this platform is pretty unique and hopefully will prove successful!
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nice post @xaero1
awesome
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Thanks very much!
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We all steemit dopies know the feeling :D Tough tough addiction hehe
(pic source: http://daytondrugrehabpros.com/)
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Hehe yeah, and thanks for the comment.
Hey I just had a look at your blog ... look like one of the most interesting/quirky ones I've seen :). Think I might follow ;)
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Thanks :D Im trying still to get into a steemit flow, Im here only one month, kind of a trying what works, what not, and planning my steemit future, that is why it is so quirky :) I think though that Im stabilizing my steemit ideas and goals :)
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Cheers.
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I try to be active every day though, firstly I was posting a lot, then now Im commenting a lot, and as Im commenting, I just found out that actually I can resteem stuff that I find cool in a way, as I wanna my blog also to blosson, as I dont like that I have not posted much last days, I like for now, post sometimes something, sometimes resteem, and comment staff :)
I dont know if this what am I saying to you its useful somehow for you though :D Maybe Im just cleaning my mind, bye :)
Pic source: http://www.freeiconspng.com/img/31518
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Sounds good :)
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Congratulations @xaero1!
Your post was mentioned in my hit parade in the following category:
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Awesome - many thanks.
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buy, buy, buy, hahaha
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Yes!
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Haha....funny...more steem power = good! I totally think you made a great call by buying more steem power. It's early days here and it shows you believe in this platform and the whole system. When I first heard about steem, I just wanted to invest in it. Eventually I became interested in the social media side of it too. I think it's a great long term investment even if it has some degree of volatility (as do all other cryptos). I think more and more people will catch on to steem and keep using it regularly. I mean....steemit is like....super addictive...lol.....at least to me anyways....and super fun too, so I think it's a real winner and is just a matter of time before it goes totally mainstream.
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Hopefully yes! Thanks very much for your comment :)
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I didn't think to write about that before! nice post @xaero1
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Thank you
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Steem is great and your post is great. FULLSTEEMPOWER YEAH..upvote and Resteemed..you have a new Follower greets
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Yes - FULLSTEAMPOWER ahead! :)
And thanks very much!!
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With pleasure friend ..greets from Frankfurt Germany
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Always listen to the master! One day I'll be as big as you :)
Thanks for sharing your knowledge!!!
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I'm just an investor :). Good luck and thanks!
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Congratulations @xaero1! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
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Click on any badge to view your own Board of Honnor on SteemitBoard.
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If you no longer want to receive notifications, reply to this comment with the word
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By upvoting this notification, you can help all Steemit users. Learn how here!
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I don't have much money but I bought $80 in Steem yesterday anyway.... hopefully it will pay off!
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Good luck :)
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Thanks @xaero1!
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Hey, i think im gonna get into it as well! this is a good article I think. You a dolphin now??congratulations.
trying to get there.
i dont think its a bad decision at all. keep at it and steem on!
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Thank you very much for your kind comments!
Dolphin or whale ... I don't know .. what's the definition? ;)
But I'm up to #112 on the rich list :)
See: https://steemwhales.com/?p=5&s=total
Ok, and my secret goal (well, not so secret now ;) ) is to try to get into the top 100 at some point in the future, if I possibly can :)
Anyway, good luck with your own goal of boasting your steem power.
But this time last year I had none, so it took quite a lot of effort to build it up... best time to buy i find is after it has stopped falling and then hasn't gone lower for a long period. Then you just have to make sure you get in before it starts shooting up again. (Hopefully it will shoot up again, at some point, though! ;/ )
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YOURE A WHALE.. YEAH i realized that after i commented haha.
I will take your advice. Its such a helpfull community. Thank you for thoughtful post.
112 is great, hopefully i can chase you down...lol
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Haha cool. You really do need to believe in the platform though...since once that SP is locked in, you just have to go with the flow! A bit of a leap of faith really! Anyway, I'm moderately confident - provided they can keep signing up lots of new users, the tech can handle it, and the new users don't all leave :)
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i talked to some artists earlier and showed them the website and explained it to them. They were interested :) I think it CAN as well
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Sounds awesome!
But we also need investor minded people too, hopefully like yourself (perhaps even more important I'd say :) ).
And btw, I seem to been getting a pretty good return at the moment from just curation and a few posts (as well as the interest you get with SP I believe). I think I've made something like 1000 SP in just those few weeks! (That's a better yield than Facebook shares for example which currently pay out nothing!)
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HMMMM, i thought that we would need more artists. I was also considering investing while my friend posts the more creative content!
Don't really know yet. It does like a good opportunity for a diverse set of people. Just gotta get them to understand how the system works. THank you for the motivation by the way. posts like these keep me steemin
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Cool, many thanks!
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That's A Great Idea. Best Time To Power Up SP 😉
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Of course I like that one ;). But need avoid the thread just filling up with this meme 'cause I like it ;)
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I Too Like This Meme ;)
#Success #Cheerful #Happiness
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@xaero1 hey man ,everything will be fine , no worries at all ,you will see :) stay strong
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Fingers crossed ;). Cheers!
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Nice post!! Btw, I also want to get noticed by you :P
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Thank you very much :)
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Thank you for upvoting. It would be great following you :)
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You do have a lot of SP, the good thing with Steem is, I don't think you will lose because the price I don't believe will go down drastically, and you can at least be making money every time you post.
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Thanks. If the price drops it's still a good opportunity to buy even more ;). Assuming the platform still looks like it's going somewhere and increasing number of users etc, that is!
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Don't worry, this thing is still a baby. Buying some whenever you can is a good idea because once it really catches on, you will be very glad you did!
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Thanks for your comment! I'm hoping so :)
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Upvoted just because I love that crazy song!
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Lol. Thanks :)
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nice post. We all will together make the steemit community grow :)
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Thanks!
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The investment will be payed out for sure. So we all are here and have trust this steem works. SO believe in it, put some money in and we all will benefit. Stee up the voting power :-)
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This! :)
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Don't think about it. I think in future steem will rise up. But an investing will never be a misttake !!
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Hopefully...but we shall see :)
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Yeah but it's a better way than give your money to the bank !
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Whether it's investment advice or not... It's a great meme :) I recently bought more too!
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Thanks very much for your comment :D
I agree, memes are the most important thing ;)
And welcome, fellow STEEM hodler!
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This happens to me about once a week. On Fridays. When I get paid hmmmm
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:)
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And I was wondering if I should buy some too!!! Lol...
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I think it could go a bit lower in the short term (but that didn't stop me buying some more now anyway!) Hopefully it will starting bouncing back up at some point soon.
One method for trying to minimise risk when investing is so called 'dollar cost averaging', where you just buy the same amount at regular intervals. This way you don't need to try to second guess the market...as you can just ignore whatever the current price is :)
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Same approach I used in my (then, all in the past now) uitf investment.
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Good information.
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thank-you so much
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wow whale power as they say :) how did you get it so high? thanks
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For a second there I read that as how did you get so 'high' lol! (as in i would need to be bit crazy - instead of like spending my money on something more useful and less risky) :D
Anyway: last year I kind of missed out on the initial sky rocketing of the value of STEEM. Well I made a small amount of money but then sold too soon, thinking that was the top. So I bought back in, not a huge amount ... but then saw that lose something like 90% of its value :( :( (there was hyperinflation in steem at the time). But I still thought the platform had great potential, and, after they removed the hyperinflation I was determined to buy a stack of it when thought it reached the bottom and would not go lower. Once a crypto reaches a low and doesn't go lower for a long time, then normally at some point there is only one way it will go - UP! So I bought a stack a few months ago at pretty good value. But it's kind of addictive - once I saw myself getting higher up on rich list I just wanted to get a bit higher ... so I've been buying small amounts more since then. I still want get slightly higher ;) so I plan to buy more as soon as I think/see it's reached another 'bottom' again (which may be quite a bit lower than now, but who knows!) :)
Thanks for your comment :)
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haha I love this reply <3 I'm very new here but still I'm having fun. Thanks for getting back to me. lol don't get to high :)
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Hehe.... thanks!
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Had to re-read it too. Lol
how did you get so high
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Haha.........
I think of steem as a long term investment (well, there's no choice if you're powered up!!)
Whereas ethereum is easily my favourite thing to trade these days :)
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Haha same I like the two of them as investments.
Ethereum has been giving me anxiety though so I'm thinking of making a move with mine. Not too sure what I'm going to do exactly though
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Completely agree. I was surprised about bounce. But I'm still not convinced right now about holding too much of it. My expectation is a consolidation period for quite a while. But I could be wrong (again!) and it makes a higher top :)
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Same I might sell off half and keep half just in case. Yet again I want to stay strong, hold, and make sure I have it if it hits 500 hahahah who knows
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I know exactly that feeling :)
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Buying more steem is always a good idea.
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I concur
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STEEM power is the best, I'm planning to re-invest all my earnings into it. I believe in this platform in the long run, and it's clear you do too! That's great :) Good on you, and good luck on your Steemit journey!
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Thanks for your comment!
I managed to get maybe half my steem power at a cheaper price than now. But I didn't get in during the ninja-mine period, so had to buy all of it! But I still have some spare BTC/ETH/etc. lying around, so I'm thinking at the moment: do I prefers these, or do I prefer more STEEM! ;)
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You sound like you've been in the crypto space for quite a while! I'd love to hear more - maybe make a post about how you got in and why, I think people will find that interesting. I would upvote it ;)
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Thanks. Might attempt that sometime :)
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Oh and I would say get more STEEM :D wish I could as well, but I will in the future
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my upvotes are literally worth less than a cent, a lot less
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I have honestly thought about it - upgrading my steempower. I mean, I am new, but my first post did really well. Unfortunately now because of the decline all of my posts are withering away - but thats alright, I really do have faith that the system will turn back around and I can continue to gain more of a following. Thank you for your insight! I enjoyed reading :)
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Thanks!
Yeah, the platform needs enough buyers to support the payouts. I don't think anyone really knows if this completely new model can work out or not (it is pretty crazy, I.e. Creating 'money' out of nowhere!) But there's a chance I think.
Guess what we really need is some Wall Street/ hedge fund types to start investing in it! ;)
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I honestly think there are some Pro traders already invested in. JUst an assumption, but with all that´s going on in wall street market (lost momentum) and all the hype there is going on now with cryptos... do the math. Plus, this market is pretty wild at the moment, so very lucrative if you have what it takes.
Go Steem!
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We just need to somehow market STEEM as being vaguely similar to Facebook shares (before Facebook became Facebook, that is) ;)
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I just dumped my ripple and turned it into steem. Don't get me second guessing myself lol!
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There is can't be too much steem :)
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This ;)
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Thank so ... upvoted and followed
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Thanks very much :)
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Interesting!
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good
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Yeah right mindset! want more steem, now!
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Steemid will get the new Facebook !
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I may in the future cause I want them big up clicks, but it's not happening right now. Your reasoning seems sound though.
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Thanks :)
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thanks i'll stick with 50/50 then :$
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I will slowly power up as I have funds available.
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I wish I could buy more.. I just started crypto and it is not a big suc6. Made all the beginner mistakes.. now my money is stuck in so0me cois I hope that recover.. The good news is that I learned about steemit because of my crypto startup..
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Yeah it's now a much tougher time to try to make money and even not lose money right now. Two months ago it was still 10x time. This last month, most things have been declining.
Still there do seem to be opportunities right now if you're able to be really dedicated and research all the upcoming news on icos as well as developments for existing coins. EOS turned out to be a great trading opportunity... although personally I was asleep when it spiked really high so wasn't able to capitalise on it as I might have wished!
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Yeah but sitting all day And watching is difficult when you have a day time job. I am interested in tezos. What do you think About it? Unfortunately i need to sell others with loss if i want to buy a few😭
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I bought a bit of Tezos, but not at all convinced in the same way I was with EOS - because I know a lot about the guy behind eos and am certain they will deliver. With tezos I have no idea. Still, recently, for a lot of icos it hasn't mattered at all when they can or even will deliver a product ... the icos have still provided a great return when they've hit the market, regardless! If you don't mind gambling, throwing a small amount of capital at many different Icos has been a good strategy... but no-one can say if this will continue.
Sympathise with the job thing. I only started 2 months ago as a full-time day-trader and quit my previous job but fortunately for me, that was the sweet spot for trading so it tuned out well.
Now, my other/new job seems to be 'curating on steemit'(!) - and actually, I wouldn't be surprised if that turns out to provide a better / more steady income than trading right now ;)
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Great for you, it had to be a special moment to quit your previous job and that you could do this. I just started also on steemit to make my family trip to the USA in 2019 ( see blog). I hope with edication I can reach that goal. I don't dream further yet.
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Ooh - happy hardcore! ;). Following!
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Thx, stay tuned for a new classic happy hardcore song each day.. Please let me know what is your favorite..
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Here is some gif for you my mate.. Wanted to give you something back, maybe you like it, since i liked it :D Here you go, with Crypto to moon!!!!
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Yeah always a nice one :). But better when prices are going up rather than down ;)
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Great post buddy following you
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Cheerz :)
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Good for you. I prefer to grow my steem power organically. I want to see how far I can go in this platform without the aid of any money.
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Cool, and that's kind of how its supposed to work - some people will want to make money just by posting, but others may want to invest in it because they believe they can make money from it that way. But I believe at least some people in the second category are required to make it work (to support people cashing out)! Bitcoin needs something like $9 million of new money from buyers every day to support the price (because of mining). Steem requires far less, but still something. Unlike bitcoin though, steem power can actually provide a return on money in the way of all the rewards it pays out!
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Can you do a post on the additional benefit to buying Steem? I figure if I am going to put the time into Blogging it makes sense to have more authority. However, I like to know from others if they have seen a big difference. I'm all about learning from those before me. Thanks.
@realestatecoach
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I'd like to, if I can get the time and figure out the details.
I think having a lot of steem power quite likely makes an incredible difference to how successful you can be on this platform. I've been curating and making (only) a few posts for a couple of months. And I seem to be making somewhere between 300SP and 500SP per week :). Of course, the price of steem has been falling during this time, so the true value that can be earned probably won't be apparent until the price reaches some sort of equilibrium/stability (if it ever does;) ).
However, i did buy a very substantial amount of steem power :). So, I can't really say how it would work for a more moderate investment. But, the good thing now is that since the last fork occurred, rewards are now completely linearly proportional to the amount of steem power you have/vote with.....so I would hope even a more modest amount of steem power might be worthwhile and perhaps pay for itself over time (but only time will tell whether the platform/concept will continue to grow as it needs to I think - because in social networks, the network effort matters!)
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thats right @xaero1
i like your post
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Janitor unit is contemplating purchasing more of this steem power monetary units of value. Query: Will this allow janitor unit to purchase more pine sol? Must clean steem floors, requires much pine sol.
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Heh..
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Lol, you gave me over 10 usd? Thanks really much my man, i will buy my first 5 steem from it! Im really happy about i have the base for my cryptofolio
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cool :)
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Jeah it is awesome you do this.. why you are that nice to the people, most are ugly characters.. Love you my man <3 haha no homo you know
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Well, investors in STEEM are very similar to shareholders in a company. Which does better for shareholders, a company that has very good customer service or one that has bad customer service? I think the former. Good customer service is a win-win situation for everyone...the network can expect to get more customers through recommendations...and more customers should likely increase the market cap of STEEM ... which means capital gains for shareholders :D
Also, I'm new here but if you want to optimise how much money you can make from it 'how to win friends and influence people' is probably a better strategy than 'how to lose friends and alienate people' type of approach in my opinion! Haha... ;) Whereas on Reddit for example I might take a completely different approach (because money isn't tied to upvotes/downvotes), so it doesn't matter in that regard if you just want to downvote people you might disagree with LOL
And thirdly upvoting doesn't actually cost the up-voter any money (might be a bit different if it did!!! ;) )
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I don't like this news...Why??!! :(
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Because meme :)
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making me to learn more and buy some steem.. still new to this process .
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Probably easiest way is through the steemit wallet.
Where it shows your amount of STEEM, there's a drop-down menu (click on the triangle icon), select the 'BUY' option.
This takes you to the 'blocktrades' website.
I haven't used this myself but I would expect all you need to do is follow the instructions and sent some bitcoin. Then STEEM should appear in your steemit wallet shortly after.
Of course for this you need some bitcoin first.... but there are lots of ways to get hold of bitcoin these days.
After you get the STEEM in your wallet, then you'll need power it up using the 'power up' option from the same drop-down used above... powering it up is required in order to get the benefit of having steem in order to boost your voting power, earn interest etc... but it does mean these funds are locked up for three months (you can 'power it down' I.e. convert back STEEM...but the conversion back is done evenly over this time.)
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Do you know what happens, if you buy steem with all of your monthly money and it seems you lost 50 % after 7 day?
YOu are right, you are just really sad. :D
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This unfortunately true. And this is why a lot of people recommend the dollar cost averaging method for any type of asset...stocks, crypto, whatever. Because it avoids the chance of buying right at the top of a bubble with all your money. If you believe the thing you are investing in should eventually be worth a lot more at some point in the future then the DCA methods guarentees you at least buy some of asset at cheap prices ... and your buy in price will be average price that asset has been at during the time you were investing.
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I'm not touching it until the do a better fork. This last one Ponzied the whole platform.
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Really.. I thought it was good apparently. How so?
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I feel like all the voting was leveraged downward for minnows. One literally has to purchase coin or one is swept under. Overnight my activity was crushed and it's become like a faucet. Well, okay, slightly better than a faucet, but no longer worth the time investment to get in, pull up, and get active gifting back in.
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Hmmm... that doesn't sound so good. Hopefully the devs will get some feedback on this type of stuff.
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One article compared whales to sock puppets generating a little profit they transferred out while reinvesting out of the reward pool. They've already been accused of forking whenever someone mines more than them, essentially destroying what they had independently mined. We won't hear a thing except from the whales self-promoting.
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I will try to learn more about this.
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Good luck, Google is buried in Steemit posts, haha.
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Your post make me get many imformation..thank u sob
@xaero1
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Well, now you are being tooooo kind!! ;)
Saw you just joined...Will give your welcome post an upvote (and welcome to steemit!)
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My mate, i have some important question, nobody can give me some prediction. I guess you also see the steem price dropping, do you think it could go below 1 euro? even to 50 cent or something like that?
I thought it could be possible you have some advice. Normally im not that much out for predictions but i need some thoughts and that really fast. I guess your some cool dude, so give me some answer brother.
I'm thinking about buying even more steem..
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You could use the dollar cost averaging method and just buy a small amount at regular intervals. I bought some recently even though it wasnt the best value but the rest I bought much lower, so my average cost base is still much lower. I intend to buy more but won't be doing so right now because i think we're in a downturn. But that means watching the charts closely every day, to try buy when you think it's gone as low as it's going to go and is starting to look like it's going to go back up.
For STEEM, the main chart I use is just https://coinmarketcap.com/currencies/steem/#charts
Anyway if you wanted me take a wild guess for where it might drop to: Simply take the highest price it got to, and divide it by 2, I.e. Something like $2.70/2=$1.35. Personally I'll probably be looking for it to hit something around this level before buying some more. But that's only the 50% Fibonacci retrace level. The other retrace levels are around 62% and 78% which would correspond to prices of $1.03 and $0.60. These calculations aren't completely accurate because I've taken the retrace from 0 to the highest point...so these are just ballback figures. In summary therefore I think it could fall to any of these levels I just mentioned
(but I'm really hoping it doesn't fall lower than the $1.03 one) Alternatively (but less likely imo) is that it bounces before the 50% retrace, and in this scenario Id probably be happy to buy more at a price even higher than it is now :)
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I already miss you...2 days...
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Hehe ... cheers :)
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I made a post about an app and you are my bigger upvoter man! Thank you so much!
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And you upvoted my gf @dianax and she is so excited man 😂 thanks again
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Wow... that's very nice to hear :)
And you have a very beautiful girlfriend!
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Thank you! You should add a profile picture bro
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Hey sir @xaero1 try you see my post this. And do not forget to follow me so you can see my post. Have long to follow you and wait for you follow me. Let's see my post @auliaramadhn
https://steemit.com/introduceyourself/@auliaramadhn/hello-im-new-member-join-here-to-steemit-201793t201323520z
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