[Steem talk] Rocky roads ahead

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If I use piloting a plane as a metaphor for investing in cryptocurrency in this era, is not too far from having trouble taking off or landing on a rocky road.

I know #hodl is a perception, it's a way of people believe and putting hope on their investment. When I say investment, I'm looking in people who does fiat currency buy in, people made a fortune from other major crypto like #bitcoin and invest to alts by selling their #btc and buy alts, #steem for example?

At this stage, nobody is every so sure about how the #crypto future looks like. Technical wise, every perspective has been broken. Basically the fluctuation skill surpasses all the history data, well there's not much history to begin with. So, technical analysis doesn't seem to work very well at this point of time.

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At times, when I starring at my phone bill, like more than 1/2 my data meter were dedicated to my #steem activities. #drugwars is no longer upvoting due to delegation rules. My latest sugar daddy #tasteem is going to get undelegate with #haircut trim, next phase it's going down to 750ksp. Seriously, without a huge ass amount of steem power, do you think people will still continue to support those activities?

I don't know, when I'm looking at my #steem wallet, I am so tempting to take them out and park them at #BTC. What's more can I ask for? The previous run just about a month ago, BTC went from 7300 all the way up to 10400, seriously that's a good 30% run, and where is steem? At least if I did not buy BTC, I could have just use some #steem to pay for my phone bill, that atleast ease a little bit of my financial burden.

Source from Pixabay

Why am I suddenly ahving all these emotion and stuff? I was happily addressing I have bunch of #steem lying around ready to spend, and totally forgot I have bills to pay. My 2500sp lease is expiring in 3 days(now 2), and it's going to cost me 80steems to continue the next 8 weeks lease. I did a rough calculation, due to current low steem value, I will not make it back even if I self upvote 10 times a day.

It's just way too much challenge, considering lately not many whale stop by my door to give me a nudge. Well, what can I say? #steemfest is at my neighbouring country, and I did not buy a ticket for that. Could have atleast spend enough to go for this one, and I can try to capitalized on the meetup opportunity and get some attention, who knows it may increase my probability of getting some whale squirt. But, it is what it is. At least due to this reason, I am lucky enough to meet two new friends @jpphotography and @louis88 due to the fact that they're visiting this region and we manage to meetup and have some good time together.

Source from Pixabay

The handsome backview dude is not me, I'm still the chubby and short asian guy. But what am I trying to say is, there is always hope. I am stuck now if I undelegate I will lose my credibility. Note that I previously mentioned, I have delegated to grow @wherein, despite they pay back a small percentage of token of appreciation, but that does not justify compare to what I've been paying for a lease.

I did a short calculation, my current situation can still take off, but I certainly can't afford to pay 20% APR to my delegator anymore since they're only giving me back 6%. I know it's tough, but I choose this route to grow the community. I have plans with other new steemian which I'm trying to grow, plans has been lay out, and we gotta stick to the plan. My current usable SP is less than 400sp, if I lose all 2500sp, then I'm left with 1700sp.

That will not be enough for me to carry out with my curation work effectively. Note that most of my #esteem curation work are on manual, so I really hate to vote 1% to other people. I have reapplied new lease, but I don't know whether I will be able to get it. The APR valuation on @dlease @minnowbooster is a general agreement term, it's hardly reflecting the ACTUAL APR I will be paying. It's easy to calculate this way, 68steems for 8 weeks. Which means 1 week is supposed to be 8.5steems. In a year, there's 52 weeks. Which makes me pay 442steems in a year. How much am I leasing for? 2500sp right? So, what is the actual APR I'm paying? 442/2500 = 17.68%

I know, it's going to be tough. Trust me, the picture looks a lot better before current hard fork, but this is curation era. Time to give vote in order to receive reward. Vote selling era is gone, and everybody is rushing to jump in for 4 minutes curation window. Some of my auto vote author that I followed fro 4 minutes, it used to be first place or second previously, now I'm on 20th. Partly due to service provider slowing down, partly due to where the service provider is.

This rocky road, I will continue to grind it through. Thank you for reading this wall of text so far(or you did not), an upvote to help me pay my rent is much appreciated. I don't know in the end what #steem will become, but let's hope SMT doesn't screw up, don't make the already bad matter worse.