You've Got to Stay During the Bad Times

in steemit •  7 years ago 

I joined Steemit only a week before it started doing payouts, in late June of 2016.

And since that time I have consistently been on the platform since then. I have not taken any breaks from it, even while on vacation.

This has been important because it allows me to detect patterns and identify mistakes that I have encountered across the platform's lifespan. I'd like to talk about one such mistake today that is made by thousands of Steemit accounts.

This is the problem of the fairweather Steemian.

Commitment Issues

Steemit has had its share of bumps in the road.

At times, it seemed close to collapsing. But this did not dissuade me from participating in the platform. If Steemit was going to collapse, then I wanted to be there when it happened, so I would be able to know exactly what went wrong.

To my pleasant surprise, Steemit has charged through its darkest times, coming out the other end as a better platform. But, unsurprisingly, a lot of other people jumped ship, only to reboard after the seas calmed.

Now, they were completely within their rights to do this. I would never force anyone to participate in this platform, and a lot of them, I'm certain, had good reasons for disappearing from Steemit for a while. Some people are constrained by time, or family emergencies, or other circumstances.

But a few of them have the gall to complain, after their inconstancy, that they aren't making any money on the platform.

A Story with a Lesson

Steemit is an investment.

And like most investments, the way to maximize your profit is to take advantage of the hard times, because those are the times where putting in even a little effort can have huge dividends later on.

In order to achieve any kind of success on Steemit, you need to be here during the lean times. It's much easier to build your Steem Power when the price of steem is 7 cents than when it is 8 dollars.

And then, when the boom times come, you will be in a position to start reaping what you sowed during the Steemit winter.

Cryptocurrency is Turning a Corner

I know we've all been enjoying the recent bottoming of the market. And hey, the stock market decided to join the party this week, too. It's nice to know we're all in the same party boat.

But we're already seeing signs that the lean times are coming to a close. And I personally believe that cryptocurrency is about to turn a corner---perhaps the biggest one of its existence. It will be a great opportunity for some of us.

But it will also be a lost opportunity for many others. Lean times are a gold ring that doesn't stick around unless you seize it. If you want to make bank on Steemit, then don't fall into the trap of being a fairweather Steemian.

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:  

@talanhorne,
All new joiners should read this post! Shall I called it as experience? Yeah I think that's the word and you are making your progress now!

Cheers~

Ever since I joined steemit and started steemiting, I have not taken a leave in steemit and I have lot of expectation from this platform and unless I contribute wholeheartedly I should expect those success.

Really wonderful post sir @talanhorne.
I think you are right, it is best time for invest.
Really This is great platform for earning.
Thanks for sharing
DQmaAFY3cYRvDZmJzXzZjPShphSdEyuxt8E8TCqj3HDgsRK.gif

Hello @talanhorne,

Extraordinary good article & the morality of the story is do whatever with our best, then we all can write a success story as you did today. Incredible post & well explained how you feel about Steemit & Crypto.

~@mywhale

Very interesting post.I think right now it is necessary to swim with the flow. That is, continue to do what as before - write posts and comments. No panic. Steemit will still fly to the moon :)

Yeah, it was rough there for awhile. I honestly thought this thing would shut down. At times I remember it being like a ghost town. There were a lot of people here at the beginning that I miss now.

Sincerely, you have just said it all. The magnificent life changing opportunities that Steemit provides are glaring for all to see. As for me I'm all for Steem and Steemit. I know it's a bit difficult at the stage I'm now but I'm confident soon it's gonna be all green. Thanks for sharing your experience. Upvoted and resteemed

a good post my friend .. I like the same post you friend

Its amazing that you just joined this platform in 2016 and you did this great you are simply amazing. You didn't even take breaks on vacations you are very consistent. resteemed your post

wow you have created your account at that time. now same is happening with the crypto world.
it is going toward the dark . BTC and all the alternative coins are falling but we have to be patient and wait till it rises again

İt is wonderful. I follow you long sorrow. you are a good person.DQmdFrxBBT1R2CaAWR3AhX4mrv68Jdr6bUVCnMv9QPGr1tZ.gif

unbelievable you are one of the early founder of this wonderful platform & you never give up. that's the success story & proud about you. @talanhorne

@resteemia

Cryptocurrency is a great opportunity for common people but some just can't use this opportunity in a wise manner

Yes you are right . Now it is best time to invest in crypto. Thanks for sharing this post.
I wish I have join this platform in 2016.

I have a year here and my learned lesson was when i bought 5000 steem in early 2017 at $0.08 each one and after that i sold 4800 steem at $0.5 and now look the price jajaja, so you have to have patience in this world to have good profits. Regards

This is great platform for earning
And it is very helpful ..great post sir

@talanhorne... at first I want to give you thank you so much for sharing this post. Its a very helpful to me and all steemit friends. Really its a great post. I know lots of information from your post. Thanks again ...

I completely agree with you, now is not a simple time for the Steemit, but at the moment when the markets are in a fever, many of us undergo a real test of strength and your post makes it clear how to act in such situations. You're right, difficult times will pass and those who correctly dispose of their assets will eventually succeed! Thank you @talanhorne

Great advice.

Nice post, thanks ,

Yes @atim1234 it is very good post.
please resteem this post so that more people read this post

Done,

Yeah indeed, a lot of people run away when they see the price going down or something wrong with steemit. Prices always jump around and I believe that STEEM Blockchain will survive anything. We just have to commit to staying here!

Great writing experience. its really blog
@talanhorne
Upvote Resteem

Congratulations @talanhorne
Now you are in the MinnowsPower Loyalty Member List...!!!

Exceptional article & very motivation...!!!

25% Upvoted by @MinnowsPower

Some people says rumors this is the end of crypto & STEEM also. For me this is not a bad time. Like you said, if we do correct & if we stay during bad times, we all can have a good time at the end. Valuable article.

wow you stood with this platform from a long time seems like consistency is the key here :)

Good advice. Not just on Steemit, but in life. Oh, how we can all count our fair-weathered friends... Thanks for the post. I plan to stick it out on Steemit. I've blogged for nearly a decade on wordpress and didn't make a penny. I'm happy with whatever here... it still is a much better platform. Blessings.

@talanhorne wow sir wonderful post thank you weary enjoy place!
##Upvote/Resteem###

I believe this year to be the start of the change, where utility will be prioritized before anything else. It will most likely be a bumpy road, especially when Bitcoin starts to diminish, but I am excited to arrive at the final destination! :)

@talanhorne - Sir I joined this wonderful platform with 6 of my friends... All of them stopped by I decided to continue... I didn't make a good progress, but I already made a small progress so far Sir... Atleast my English knowledge is getting better now... Valuable article Sir... A lot of inspiration is there too...

+W+

Good writing you just shared.Writing is very hard.
For your post propagation.
Upvote/Resteem

I have been here a little over a year, and I agree that there seem to be more than a few "Fairweather Friends" here.

The problem-- perhaps-- is that some of the early marketing of Steemit presented the community as "easy money" and those who came here in hopes of that found a different reality.

Since the underlying premise of Steemit, cryptocurrency and blockchain technology remains sound, there seems to be NO reason to leave now... I'm just sad I had to power down some to meet unexpected expenses.

Yeap, got to take the good and the bad. I knew Steem would pull through over time but there were def some very dark times around this time last year. I remember when Dan announced he was leaving for EOS and the Steem coin dropped to .07 cents. I was like WTH? I did not sell nor buy more b/c I was already invested to the max what I could afford to lose. Looking back it was the moment to load Steem. The worse thing to do is panic sell in those situations. #HODL and Steem on!

Excellent post.

I made the mistake of "getting demotivated" after seeing the difference of value between my introduction post back in March 2017, and only jumped back in around June/July.

I've been more or less consistent since then, with a little break when University started up again.

But now I'm back for the long-run, especially since I've finally found something I find interesting to post about (My new-found passion for 3D printable designing <3 ) and have joined a few projects around here.

I aim to follow your excellent example from now on and stay around, even if one day the ship looks to be sinking.

Actually, especially if the ship looks like it's about to sink.

I've always wanted to try turning a ship into a U-boat ;)

When SBD was 0.9 USD, I was happy and when it was 10 usd I was extremely happy and when it is 4 usd now, I am happy too and my commitment here will continue to be the same, what it has been in last 6 months.

Thank you @talanhorne for writing such an excellent article.....steem on and stay blissful...

Wow! Great and amazing post sir.
You have created your account at the starting of this platform.
Yeah, this is the great time to invest cryptocurrency.

Thank you so much @talanhorne sir for sharing this post. 🤗

Upvoted + resteemed your post.

I may just going on your path.. hope i achieve what you did

I joined Steemit only a week before it started doing payouts, in late June of 2016.

Were the only rewards prior to to it producer rewards, making it an exclusive plutocracy of witnesses initially appointed by dan?

Or in simpler words, were there no author and curation rewards then?

This comment has received a 38.70 % upvote from @steemdiffuser thanks to: @stimialiti. Steem on my friend!

Above average bids may get additional upvotes from our trail members!

Get Upvotes, Join Our Trail, or Delegate Some SP

This is an eye opening article for those who just join and disappear and I absolutely agree with you on commitment part...I had seen steem when it was 0.8 usd and I has only 100 SP, yet I used to sepnd at least 4 hrs daily during those hard time and that is the reason why I can gauge the happiness in a more appropriate way now.

Those who dont know what pain is..can not enjoy what happiness is....

Thank you and Have a great day.

And I personally believe that cryptocurrency is about to turn a corner---perhaps the biggest one of its existence.

Agreed. You ain’t seen nuthin’ yet.

For what it’s worth, I think that 2018 will be the year that crypto goes mainstream and the masses learn that it’s about much more than Bitcoin.

The Steem blockchain has massive potential. First mover status in the social media space and a smoking fast blockchain that has not even broken a sweat while breaking records for for the blockchain with the most transactions in a day.

Steem Power is a steal right now.

i am trying to invest on concurrency but i don't have enough information about crypto world .

good advice .i hope crypto prices again going up .I have to be patience and wait for good time of
cryptocurrency

Yes indeed, mostly people run away when they seeing the price are going down something wrong in crypto world

interesting & informative post my friend & i agree with your points my friend upvoted & resteemed done my friend

Sometimes its hard to diversify and commit at the same time, i do know sticking with steem will pay of in the long term either way tho.

Really amazing and boosting post, yes sometimes to succeed we have to taste bitterness, because easy is for short term and hard fought things are for long term so, we have to show patience towards Steemit Platform because in my opinion Steemit is an slow mover but it take you towards your goal. Thanks for sharing this post with us.

Stay Blessed.

Posts that attract everyone, and become the subject of conversation

steemit will bring a positive impact to its users, and hopefully steemit will go forward

Its astonishing that you simply joined this stage in 2016 and you did this extraordinary you are just stunning. You didn't take breaks on get-aways you are extremely predictable. resteemed your post

  ·  7 years ago (edited)

Better believe it to be sure, many individuals flee when they see the cost going down or a major issue with steemit. Costs dependably hop around and I trust that STEEM Blockchain will survive anything. We simply need to focus on remaining here

DQmbppePKmh4ewMh6VWELNZnuMfxgV3qxnsYMnkHUTobScv.gif

for beginners steemit a lot of patience in such circumstances, the price of posting decreases. even for beginners like me desperately need support and motivation from others. steemit is indeed a place of investment.

Thats really awesome. Yea hard times gives you a lot of profit . Great post thanks for sharing!

actually you are right bussy and i think this is the best time to invest and for sure steemit will bring a great fruits for those who make effort thanks for the post

I remember when Facebook stock dropped to $17 from its opening price and everyone started preaching doom and gloom. It currently stands north of $190. Where would you be if you had accumulated FB instead of joining in the panic-selling? Stand firm with Steemit.


source

Thanks you sir for your important stories...
i also support you all time

I just joined a couple weeks ago and i have to say if this is a dark time then i will be around for a long time. Plenty here to keep me interested

the spirit continues my friends .. i still continue to support you for steemit progress.

A very nice masterpiece, like the beauty to welcome valentine's day. I really want steemit to go forward and develop all the time. Because in steemit we can have many friends and can share our masterpiece for the people. thank you

That's very important blog you posted @tlanhorne. You must read it.

I agreed whole your post. Yeah you showing serious problem in this platform.

@talanhorne, You have shared your passed steemit experience. It would be most important to newly join steemit users.
Cryptocurrency market down past days. But today seems some rise again. I know in future steemit and cryptos grow up.

You're a good knowledge person about writing and it's very difficult.
Your job is excellent topic.
Thanks @talanhorne
Have a nice day

First of all, thank you for your efforts. it is interesting tv series and great work.And you are very good at writing articles.
100% like and resteem

Thank you @talanhorne Sir for sharing you liking your success and hoping we will be in the same lane

  ·  7 years ago (edited)

I think a good indicator of the potential power of the steemit platform comes from the noobs like me that see the vision and future success of Steemit within a couple hours of signing up. As a Facebook user for 13 years I have been super impressed with steemit so far, I really regret not finding out about it sooner. It is a lot to learn having never written content before but I am really trying to wrap my head around it all and learn as much as I can. I do believe that it has the potential to overtake Facebook sooner than most would expect. Instead of being regretful about not finding steemit sooner, I should be grateful that I found it early compared to most people!

thank for sharing knowledge its good to see people joined in 2016 still here gives us assurance that it will go long way

Great post! Were there bandwidth issues in the beginning?

You're right! that's perfect platform to learn and earn :p

i agree with you and i m afraid whether i will be a victim :/

woow Indeed, we have illuminated new SteMeT users. Thank you very much for sharing your knowledge and experience with us. Unfortunately I am going to monitor this transformation point eliminated by the colum. Unfortunately I can not invest. Because I've done this before. I got Steem from $ 3.21. Of course I do not have a cheap investment but I do. It was that from my hand. I hope someday I will understand these experiences like you. Thank you very much for showing me I'm on the right track. @talanhorne

That is article is professional & Excellent writing . so great experience.
Thanks @talanhorne
100% like and resteem

Hahaha, oh steemit how you love to play with my emotions. Let’s turn the music up and make this boat party really up in excitement. Also, the last sentence to your post was beautiful! :)

Even I liked to buy more STEEM/SBD last days when has a lower price...I can't afford:(

I warn you that I have naughty pictures and I'm real. Damiana is the QUEEN.

@talanhorne sir...
SBD peg to $1, this is what I heard, so we got a bonus and we enjoyed it by current price up! Anyway when it drops, it will little hurt, but with a clear mind I know it will happen anytime, so I was collect SBD, covert them to STEEM or other and prepare for the future!
Anyway I have faith on SMT, sometimes we will get another bonus again :...
Cheers~~~

Bad times comes and go but if you stick in there you will get the patience rewarded and this seems to be true

content will always matter in the end they can complain because they want to get rich overnight which is not possible anyways thanks a lot for sharing this post

thanks @talanhorne, has shared a very useful post for steemit users.

that's great sir Good post for Steem cummenity

What a great punch! @talanhorne .I love to be here as part of steemit family.As you beautifully cover the issues of failure of a steemian which are quite usefull for those who newly get involved on this platform,(i am also a fresh member).Thanks to share your valueable experience and analysis.

commitment takes effort if one gives that effort and time it will be worth it

Good jop friend.
Upvote and resteem

  ·  7 years ago (edited)

Nice post.every people like this post.good job.

This is really good plan, I followed you to take advantage of your genius.

cryptos check the patience power of any individual if one has got this power to hold on they can see its fruitful results

Good jop friend.
Upvote and resteem

  ·  7 years ago (edited)

Right on all counts. In addition, buying more STEEM during the hard times - not all at once; regularly - is another way to profit during the lean times.

To be frank, I kind-of enjoyed being 'round during the lean times.

EDIT: Resteemed.

You just have to stick to your plan and occasionally buy the dip.
Great post!

A very good post @talanhorne, I love to see your work, it is very cool and has a very deep meaning. Thank you and hopefully you will be more successful

in hard times people feel panicked and lose the opportunity that is the time to show courage thanks for sharing this post

this is an opportunity not to be missed i will try to hold on to it

hard times are the best time in crypto specially this is thanks for sharing such a great post :)

Well Steemit sure had it difficult times I have been here for couple of months but you sure have seen much more and got many experience!
As long as i have been here and I sure do think I will be here and I am glad that I am here better late than never .
Steemit sure is changing many lives including mine ,I am glad that I am a part of it !

time to work hard so that we can see the positive results later it is a motivating post :)

You are a good person to write.your ideas and writing have been fulfilled.
This is great article.
(((((( Resteem service)))))

Very good friend.
I like your post

how thinking in your head i impressed to see it... your presenting interesting... best of luck...

Your post taught me more things. We don't need to look back while walking between the road.
Just up-voted and F-ollowed :)

Great encouragement. I will take this to heart. Thanks. Great leadership. Joy

Very good description
unnamed.gif