Low Steem Price | HIGH Opportunity
The last few days have seen Steem plunging to new lows taking with it the aspirations of Steemit users who had expected a steady rise. Any cryptocurrency will see ups and downs and this period now consists of a universal fall in crypto prices. A lot of investors are holding it, sure that they will see better days ahead. Probably because there is nothing much else to do now.
But when there is a dip there is also an opportunity. I will list out the opportunities that make up the silver lining to a dark cloud which is the low price of Steem.
First and foremost it is business as usual on Steemit with bloggers still posting on their blogs. As you keep posting nothing stops you from earning more SBD and Steem from your payouts. You can also keep increasing the number of your followers. Your rep score will go up with each great piece of content that you put out.
The participative communities on Steemit are the single biggest advantage for those who like social networking. This is only increasing by the day as more members join in. It remains unaffected with the price swings of Steem and SBD.
The fact that you are holding Steem while you post on Steemit is itself an advantage. When you hold any other currency you do nothing else. It is different on Steemit where Steem Power powers influence and upvotes. You can put Steem to use and make it work for you while you keep holding it.
For those who like to boost their posts this is a good time to use upvoting bots. There is less usage of bots when the Steem and SBD values take a dip. You will get better results when fewer people use bots since the voting power is divided among the total number of vote buyers.
Another advantage is that the lower the price of Steem the more you can buy. This kind of dip is now a one time dip with the value sure to hold up in the future. Once crypto prices rise again, and the SMTs are launched the Steem price will probably never go back to the levels as seen now. The Steem that you buy now will be worth many times more by the end of the year.
This is also a good time to get more visibility for your posts. Due to psychological reasons many regular posters have either stopped posting or are posting less frequently. When the total number of new posts is less your post will receive greater visibility.
Some of things that you should not be doing is to sell Steem or stop posting on Steemit. Steem is an high value asset for the on term and is greatly undervalued. Selling low value Steem will be a loss for you when you look back even in a few months from now.
Would you please UPVOTE and RESTEEM this post so that it can reach others too? Also do FOLLOW me for more useful and interesting posts.
A Few Of My Previous Posts You Will Enjoy Reading!
[Steemit]Short Post Or LONG FORM Content? Which Is BETTER?
Is Commenting Better Than Posting On Your Blog?
[Steemit Tips]Curation Rewards For Beginners
Steemit Changes - A Harbinger Of Major Transformation?
[Steemit Tips]Get MORE READERS For Your Content
Useful STEEMIT TIPS For New Bloggers
How Steemit Makes Blogging Easy | 3 Issues New Bloggers Face
Standing While Working - How It Can Benefit You
Overcome Your STRUGGLE With Low Productivity
When Will Crypto VOLATILITY End?
Yay, XXXX Followers! NOT Important
Image sources: Pixabay, Giphy
Good post. Thanks
I am glad that you liked it.
You got a 51.47% upvote from @sunrawhale courtesy of @maxabit!
This service has been created with the help of @yabapmatt so please show your support by voting for him for witness!
This post has received a 43.96% upvote from @lovejuice thanks to @maxabit. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.
You got a 43.73% upvote from @nado.bot courtesy of @maxabit!
Send at least 0.1 SBD to participate in bid and get upvote of 0%-100% with full voting power.
Thanks for the optimistic view ;-)
Hello, as a member of @steemdunk you have received a free courtesy boost! Steemdunk is an automated curation platform that is easy to use and built for the community. Join us at https://steemdunk.xyz
Upvote this comment to support the bot and increase your future rewards!
I'll just keep on steeming!