If You're Powering Up Then The Steem Price is IrrelevantsteemCreated with Sketch.

in #steem6 years ago

You're only losing when you're selling out of the platform.


This is the time to be occumulating your Steem. It's cheap, and if you're powering up your post rewards, then the $ value of your posts really doesn't matter. $0.86 doesnt get you much out there, but 1 STEEM POWER is still as strong as it ever has been, so why not stack it while it's cheap?

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The price pf STEEM only matters if you want to sell your Steem for fiat. If you look back at your rewards, you're probably earning roughly the same Steem Power rewards that you were when Steem was way up earlier this year. It may be slightly more, or a bit less depending on who is voting up your posts. Hopefully your following has grown and so have you post rewards.

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Yes, the SBD well has dried up, and you're now getting STEEM instead. That just makes it easier to power those suckers up. Most services that accept SBD are accepting STEEM now too, so thats no big issue, especially with SBD back around the $1 mark. On-platform services like delegation leases or bidbots are still costng the same in STEEM as they were back then too.

Sonl just keep steeming and engaging with one another. Post and comment like crazy. Keep on upvoting the good stuff, and don't pay any attention to the price of STEEM, because unless you're selling out, it's not relevant.

STEEM ON!!





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+++agree. Months ago I bought steem when it was 3 usd. 1000 powered up, now i could get so many times more, this is golden chance.

It appears the general crypto bloodbath combined with some FUD about the SBD print rate changes in HF20 have coincided to freak a few people out.
If 20 witnesses, each of whom know the chain better than I do, and who've have spent months discussing it among themselves; agree that this change is a good thing for the future of the chain, then that's good enough for me.
As to the crypto bloodbath; I'm not going to let some Korean politician or big bank CEO whisper in my ear that I should eat my golden goose.
I came here to get away from those people.

++++could not agree more

Thank you for your continued support of SteemSilverGold

I completely agree with your article. Several thumbs UP!

Sound advice on how to treat Steem at the moment @bmj keep steeming.....

I completely agree. Can't really add anything else so yeah great advice for Steemians that are here for the long haul.

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