Why I Am Not Looking At The Price Of Any Steem Coin For 3 Months
My plan is to not even consider the price of any of these new coins for the first 3 months or so and just make content and curate. And when I get any coin for any site that I am using I will be staking 100% of them right away. There are only so many people active at the start of a new site and you really want to be active at this stage. And with only so many coins in circulation your curation can really see rewards.
I will admit my first thought was to sell all the coins I got and just power up my steem. But that feels a little short sighted. And by the looks of things I am actually spending more time on these sites than I am n steemit to why not give myself the stake to make it more worth my time.
When I see I will not be looking at the price I do not mean literally. I will be checking them periodically to see how they are doing (though I will try not to check them every 5 minutes like I’m a gambler checking the playoff score on my phone). What I mean by not checking them is I will not make any decisions based on the price. If it goes up or down or sideways it doesn’ t matter to me. I will be focused on the coin itself. It will be like those memes of bitcoin when someone asks how much is one bitcoin worth and their response is one bitcoin. Maybe I will reassess this strategy in 3 months but for now that is my plan.
It is also a lot easier for my as a content creator to be able to focus on content. Watching markets is stressful. And there are days you will not want to write when you see the market is not doing well. It is also tricky to buy and sell at good prices, it is an effort I would rather put into my work instead.
There is also the fact that I do not have a clue which site will do well and what the price of the coins will be. Like literally zero clue. I do not fully understand why steem is so low. Maybe some of these coins will go under. Or maybe some of these coins will go higher than steem. It is all possible in this crazy world. I have years of crypto experience and still I am surprised but the volatility of it. So why stress or risk it.
Now is your time content creators. Find sites that fit your expertise and get to work. Do not spam or copy other people’s work. And if you are putting the time here invest in yourself and stake every coin you can, as you will see, your balance will go up fast.
Dividends grow like crazy and as we are in the start of these sites you can get a great start.
What coins are you staking?
steem, mot, battle and leo
How do I stake?
Buy them from @steem-engine (steem-engine.com) with Steem and stake. Rest of things are similar to steemit (e.g. stake LEO in steemleo.com)
Same as steemit. When you buy coins or earn them you can click on your wallet from the site of the coin, click on your balance and hit stake. You can also do this from the steem-engine site.
Will you be writing reviews on what you stake?
Maybe in a couple of months, we will see where we are at
That’s great advice, but I like watching the prices.
Steem hit $0.28 cents and I HAD to find the way to throw a $50 in there.
But yes, I agree, it’s a great time for quality content creators.
Yeah if you're buying you gotta check the charts.
@whatageek, Your Strategy is reflecting the essence of Clarity because instant decisions sometimes can be prove as wrong so we have to give sometime to any aspect to see how it's shaping itself. Keep up and my good wishes are with you. Stay blessed.
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Thank you :)
Welcome. 🙂
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I'll stop looking the price of my coins just to keep me sane... 😅
Greetings
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lol you and me both.
Same here! Steem is just going to the dark world so why should I keep an eyes on it. Instead, I prefer to earn more, there are mnay options to earn money for SP.
Smart way to do things just keep your head down and work.
I have been staking too slow by slow..
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It can add up.
It can add up.
I agree, I'm staking Sports, LEO, PAL, SPT and Weed because I curate and engage in those communities. I'd like to be a dolphin in many of these communities which I'm close to with sports and I'm a minnow in the rest. It's really upped my engagement and ability to find and curate more content I like. Couldn't be bothered much with the price since I'm not interested in buying or selling.
Same with steem I'm just powering up as much as I can to hit Dolphin. Once I'm there I'll have a relook at my strategy
Nice, hope it works out.
What if i tell you i came from binance to steemit for learning, teaching and to get relaxation from trade market. One thing that i have noticed is this crypto market makes you rich may be but comfortless for sure. My aim is to tell new beginners in trading to calm down & have patience.
Ain’t that the truth I think Rogel f out too much on the anecdotal stories of people gaining overnight riches and don’t realize that this is either a scam or not true those that hit t big waited for years before BTC was worth something and many gave up and sold well before the 20k came around
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Here I will give you one: When people get paid $70.77 for a piece of crap article like this it's hard for investors to want to invest in bad product.
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