How I Cope With Watching My $teem Value Go From $700k To $100K In Just 2 Months

in #steem6 years ago (edited)

"Loosing 600K" in just a couple months is a big blow. I am sure people have lost their shit over much less.



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For anyone who does not know I have been investing in Steem for almost 2 years now. It is my number one investment for my growing empire.

Any smart investor is going to tell you to diversify. I can't argue with that and while I have done some of that I have a vast majority of all investments in Steem.

So as you can imagine there is a high potential for stress when the price of Steem keeps dropping and dropping.




Yet the title of this post is how do I cope with "loosing" $500,000+ in just the matter of months....

HAHAHHAA in truth I don't really think about it much. In truth writing this makes it more real than I have really even thought it to be..... I don't think about it because one it doesn't help but also because the reason I invested in the first place is because I believe in the future potential of Steem.

I am a long term holder, I really don't care that much about what the price is now, I am looking at what the price will be in a year or two. I see the very high likely hood of $teem being $10 or higher within a year. So then instead of writing about how I have lost $500,000 in the last couple months I will be writing about how I have made 1 Million in the last couple years!

So that really sums it up right there. Because I am a long term holdder and I believe in the future of $teem its really not that big a deal. Honestly I do think sometimes "what if $teeem never goes back up" and that is kinda scary but logically it doesn't make sense.



Remember that the STEEM blockchain is the most used blockchain in the world and it is also the most efficient. It can scale, it has zero transaction fees and is a blockchain of which you can build endless useful apps on!

SMT's are not even out yet and Steemit.com is still growing every day not to mention Dtube/Dlive and the many other apps of which are growing every day!

So as a big investor I can say with confidence, don't fret, its ok and the future looks profitable! I anything now is the time to BUY MORE STEEM!!!!!!!!




I am now doing 50/50 payout posts simply because the payout is more valuable that way atm, but I will be converting it all to $teem to continue my perfect record of cashing out ZERO $teem nor ever powering down, thus powering up!



I appreciate your support and am grateful to be here in the SteemVortex. I welcome any feedback you have and if you feel I am valuable to this community please share an upvote!


∞§∞SteemOn∞§∞



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I'm glad to see we share the same vision for Steemit. I too am all in on Steem so it's encouraging to see someone like yourself HODL and continue to power up. I also want to keep my record perfect for never powering down. SMT's will be a game changer. I'm excited for what the future will bring. Thanks for sharing and helping make this great community better.

Cool meeting in pr. And randomly seeing you as first post on steem!

Yea man great meeting you, would have been great to talk/hang out more, I was so busy and there was so much going on.
Hope to see. you around here on Steem and how cool that my post was ur first post to see!
∞§∞Synchronicity abounds∞§∞

You're Beautiful

∞§∞Appreciate the love∞§∞

Hello quinneaker!

Congratulations! This post has been randomly Resteemed! For a chance to get more of your content resteemed join the Steem Engine Team

Very good post. I agree. I am here for the long term and I try to Power up every day. Steem is the best crypto currency in our Universe.

This crypto currency very beautiful
I like it this steem money. I appreciate your busy. thanks for sharing this valuable Post...........

Inspiration post.... I dream someday vote my post... Regard @muhammadiman

That title sent chills down my spine lol. But I like how you don't let it bother you, not many people are here for the long term they don't really believe in this. I'm with you on that even though I mainly just started my investment. I didn't even know Steem creators conference was a thing!

Yea its an epic thing! You should attend!

We must let go of the life we have planned, so as to accept the one that is waiting for us.

Wonderful post ..thanks for sharing...Best of luck friend ✫ resteemid

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