DO NOT WORRY about the STEEM decline
Please don't panic and please don't get rid of your STEAM.
What is going on?
For two days in a row now, STEEM coin value has come down quite a bit.
From $2,17 it fell to where it currently trades at $1.61. A 25.8% decline in its value. This is what we call a major correction, and honestly, it was necessary.
Please read my article of yesterday on the reasons for the decline and the recipe for going forward.
https://steemit.com/steam/@csmit/steem-falling-to-pieces
You have $1.03 in your wallet. That's it. I'm powering down and getting out of here.
I have been with STEEMIT for 3 days @iheartyou hence the reason for literally zero funds in my steem account.
However, this doesn't change the textbooks on investing & trading, knowledge that is to be shared with the majority of people who fall into the trap of FEAR.
Here, take my upvote you peasant.
@iheartyou Peasant: an ignorant, rude, or unsophisticated person
The only one being ignorant, rude, unsophisticated, is yourself. I didn't ask anywhere in the article for your upvote, especially not if THIS is the reaction of someone giving an upvote.
UpVote !!
These people have a short-term mindset, Steemit has been designed for the long term. So don't worry, this price change won't really matter. Fun times ahead with volatile crypto again.
"Дорогу осилит идущий"... Без паники))
Still powering Up Up Up @csmit ! Keep the Faith / STEEM On !
thanks for the suggestion @csmit