Contest : A Rising STEEM – My Actions, Expectations, and Hopes
Hello, friends welcome to my post in which I have discussed "A Rising STEEM – My Actions, Expectations, and Hopes", as part of my participation in this 👉contest organized by @alfazmalek
What are you thinking about the market? If the price of STEEM suddenly goes up (for example from $0.40 to $0.50 or more), what would be your plan? Will you power down, sell some, or increase your STEEM Power?
I am thinking bullish about the market, that it is going to be bullish. If the price of STEEM suddenly goes up above $0.40 to $0.50 and above, I would still not power down and sell some of my Steem. Instead, I will focus more on increasing my Steem power, which has been my plan since I joined the Steemit platform.
To power down is not on my agenda, and I don't see myself powering down my STEEM even if the price of STEEM goes up above $0.50, I will keep holding and using it to earn rewards as the Steemit platform is more enjoyable if someone invested or has a high Steem power in the platform.
When the market turns bullish, does your motivation to write on Steemit increase or remain the same? What new goals do you set during such times?
Honestly, when the market turns bullish, my motivation to write on Steemit increases because I feel that it is the right time to make money on the Steemit platform. My goals during such times are posting at least twice a day, staying active and consistent, and engaging in engagement challenges and contests to increase earnings, which are my goals when the market turns bullish.
In your opinion, if STEEM price rises, what kind of opportunities and challenges might new users face? Should they invest during that time?
In my opinion, if the STEEM price rises, new users are faced with the opportunity to earn higher rewards from little upvotes and knowing more about SBD. Also, new users have the opportunity to grow faster than when the price of STEEM is low. In terms of challenges, new users face the issue of getting support as the Steemit platform would be filled with a lot of users posting content, which curators often consider supporting old users rather than new users.
What is your current contribution to help STEEM grow? How are you supporting the ecosystem through content, curation, or promotion?
My contribution to helping STEEM grow is vast as I try my best to post quality posts, support other users through upvoting and commenting on posts, and also promote the Steemit platform, which I have used my promotional strategy in bringing in users who are now absolutely doing well on steemit.
Bro… when I saw your topic, I thought steem had increased. I quickly went to coinmarketcap to see the new price of steem, my heart was broken. 😭😭
Well, in my own case powering down has never been an option but I always keep aside steem to sell off incase of any spike in market..