SmartCash and Steemit: Earn Crypto During the Downturn
Bear markets are a bummer, but SmartCash and Steemit allow you to increase your holdings without risk
It doesn't need to be said but the crypto markets are in a bit of a downturn as of late. From the peak of the market in late December/early January, many coins' values are at half or even a quarter of their high position.
We are in the doldrums and there's no clear end in sight. The FUD continues to amp up on a daily basis and that crazy late 2017 bull market seems like a distant memory.
Investing in the space right now still seems unappealing for many people, though I certainly would be buying if I had more fiat to throw down. But there's still a great way to increase your holdings without worrying about what the market does.
SmartCash and Steem as recourse for the FUD
Thankfully, there are options. As we all know, Steemit provides an amazing opportunity for people to enter the marketplace without actually investing their hard-earned fiat.
Add in SmartCash's bounty program, and you have a few methods of increasing your crypto holdings without having to buy the bear market. For those who don't have the funds or can't stand the FUD, Smart and Steem are a perfect way to stay in the game without risking anything.
Frankly, even when my posts only earn a few cents, I never consider my time on Steem to be a waste. I enjoy crafting posts about things I care about and it's gratifying to hear feedback from people that receive value from these posts.
It's nice to know that by posting about Smart, whether it's an article about the features of the project or a quick meme or picture, you receive 20 Smart per post up to 4 times per week. SmartCash increased this amount to balance out the recent drop in the price. Add in whatever Steem earnings you receive on the post, and you're continuing to increase your holdings without spending a cent.
If you received value from this post, please upvote. I reward all intelligent comments with an upvote :)
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Is it link with Steem coin? Or its just additional project of steemit?
SmartCash is its own project, but they offer Smart team members 20 Smart per post on Steemit about SmartCash.
To become a member of Smart, post on the weekly SmartCash update post, which I linked to in my original post.
upvoted cause i learnt a whole bunch of new things, it pays to be smart.
nice one.
Glad to hear! It certainly does pay to be Smart :)
Take advantage of the dip with the increased bounty and stack that smart!