The night is dark and full of terrors...

in #steem6 years ago

cryp.png

Its a total blood bath out there in crypto market, the overall market cap is reaching 300 Billion Dollars after crossing 1 Trillion Dollars 2 months ago.
Steem has lost more than 78 % of its price since the start of this year...
steem.png

From past week I am observing an overall reduced activity on Steemit which is explainable considering the price of steem( currently $1.79 as per coin market cap).
So yeah we have taken a hit!!! Recent correction has bleed us pretty hard but I still believe in steemit and the blockchain technology it is built upon. Because I believe

“Why do we fall? So we can learn to pick ourselves up.”

Being an optimist I personally think it's a good time to invest in steem and power up while it is still below 2 $...Massive corrections like this have happened before and will happen again. Once we are done with this correction, steem will jump back to 10$ before we know it...

I know
The times are hard...
The night is dark and full of terrors...

But remember
The night is darkest just before the dawn...
And I promise you, the dawn is coming...

spc2.png

Sort:  

Investing in steem at a price of 2.00$ is a great idea. At one side it will strengthen the currency on the other side it will remove FUD from steemians. Nice idea. All the best to Steem leap and bound growth

Yeah we took some deep dive downs lately a lot of investors are pissed, people backing out thanks to the reduction rates and the get rich quick hackers who won

Just hang in there buddy and be patient...dawn is coming!!!

Hey there, welcome to the platform! Cogratulations on your first post. If you want to trade follows maybe we can help grow the platform together. I'll be posting daily d.tube videos on the Crypto market here soon. Looking forward to seeing your future posts,

  • Crypto-Intel

Your Post Has Been Featured on @Resteemable!
Feature any Steemit post using resteemit.com!
How It Works:
1. Take Any Steemit URL
2. Erase https://
3. Type re
Get Featured Instantly & Featured Posts are voted every 2.4hrs
Join the Curation Team Here | Vote Resteemable for Witness

Congratulations @xabi! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes received
Award for the total payout received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

Upvote this notification to help all Steemit users. Learn why here!

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by xabi from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Being an optimist I personally think it's a good time to invest in steem and power up while it is still below 2 $...

I absolutely agree with you! This is a great time to invest both money (for those who have it), as well as time. Since less people are posting these days, there are more rewards for those who don't loose faith in Steem while the price is down :)

Coin Marketplace

STEEM 0.29
TRX 0.12
JST 0.033
BTC 62934.09
ETH 3118.65
USDT 1.00
SBD 3.85