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RE: Putting in the graft while the price is low.

in #busy6 years ago

Both is the answer right now. If you were to put in 100 dollars it's obviously better to do so when the price is 70c rather than $7 as you will end up with 10 times more steem for the same amount of money. That's obviously not an option for everybody and some people just don't want to buy some which is fine.

The other part is that there is a certain amount of steem distributed everyday according to the votes being given out. With the drop in price there are less people posting and voting as they see the dollar number beside the work dropping a lot lower than the summer but that number is monetary value right now not the amount of steem that it has earned. So if there is only half the people posting and voting right now compared to last summer those posts now will earn a larger steem amount from the distribution pool than when there are more people drawing on it.

That's why I have upped both my sp and my activity as the combination will earn me steem much faster now than when there are more people trying to earn it in the future. I do think the prices will rise again but when they do I will be in a much stronger position than a few months ago. If you can't buy any right now just keep engaging and get yourself noticed for your work which will put you in a better position too.

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