A comparison

in #crypto5 years ago

Crypto market goes down by 90% in one year.

"omg guys we may have to lay some people off and our dapps may be at a risk of not profiting for a while"

Stock market goes down by 5% in one year.

"omg all of our jobs and lives are at risk and I'm not even invested in it"

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steem's down 97%.

Oh really? I was not aware of that, wow, that changes everything! How did I not realize?!

well, glad i can help you out :D ... Either I am crazy for being in Steem right now, or maybe just insanely smart. dunno yet.

oh shit it is too. wife there's gunna be cut backs we will start with the kids not getting feed first:)

Who needs food? We have STEEM ROI right? You earn so much money holding Steem power? LMFAO...

If only people didn't invest their food money into crypto!

There is no correlation between the stock market being down and people losing their jobs. This isn’t the housing crisis and there is no real “reason” for the markets to stay down. It will be fine. Stop listening to news reporters trying to scare you. Take it from a finance major, you’ll be fine.

Steem on the other hand is pretty much dead so I don’t know why this platform is still being used

Judging by your last comment you assume that Steem should reward all new users or else it will die. Kinda funny if you consider all existing apps today and how literally none do that.

It will die. Earning .125 steem for a post and steem being worth only .30 cents isn’t worth the time and effort. I have been on steem for a year and a half and make that for one post. New users will come on here and barley make even .005 steem or sbd per post and get frustrated and leave. I don’t blame them for leaving.

You want people to stick around? You want new users to come and stay? If you believe in this platform then Give them a reason. Give them some incentives and reward those of us staying keeping the platform alive.

Be apart of the solution and realize there is a problem. The devs are doing nothing. You’re one of the large voices on this platform acid so stand up and tell the devs to do something if they want users to stay.

You realize many that use certain dapps get an incentive to use them that is far greater than anything out there. I don't see the problem of people leaving because of low prices to be that big of a deal as I used to. The important part is they've created an account, they will be back. Same way as people who created an exchange account come back and start fomo'ing in at $10-20k btc because they started hearing about it in the news. Those users are not of the outmost importance to me.

This is what people call "not fair" when they come back and realize they've missed the boat cause they didn't earn or invest at the lows. To others that don't get attention because there are too little curators, what can I say, the rules of the system emphasize on investing and using dapps for incentive. If no one is giving you any curation it may depend on the dapp, so try using another one, there are alternatives out there for most things even at a time like the bear market we are having. Many more will pop up next cycle.

I’m making more on Steemit than I ever did on Google Adsense. Although my Youtube earnings have started to pick up again recently. $70/month now. I will slowly convert that old Fiat into Steem and Smoke.... maybe some TRON.

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What would be your Top 3 Cryptos to invest long term ?

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