The Power of Positivity - Thinking Long-Term

in steem •  3 months ago

positivity.png

Prologue

It seems that cryptocurrencies are currently taking a beating, again.

Especially STEEM is having a rough time.

From it's previous record of nearly 10 USD down to 1 USD. That's a lot of red ..

Now, don't get me wrong. When I joined Steemit a year ago, it was completely normal to see STEEM in the region of 1 USD.

But comparing those two numbers, our beloved cryptocurrency has obviously lost value FIAT-value.

High Price = High Activity

And this is also displayed in the activity on STEEM.

Without using any data (which would confirm my theory) - how do I come to this conclusion?

Well, as you might know - I've created a promotion service called Smartsteem.com and whenever the price of STEEM is going down - the amount of promotion bought is going down as well.

What's the reason?

Buying promotion now, while the Internal STEEM price is lower than the external, can result in short-term negative profit.

The internal STEEM price is made of a 3-day average, which witnesses are publishing multiple times per day.

So a bought 1$ vote could be 0.8$ tomorrow or even 1.2$ - depending how the price of STEEM goes.

Thinking Long-Term

However, part of this post's title is Thinking Long-Term and this is a key mentality, which you should follow right now, while the prices are down.

There is the famous quote

The time to buy is when there's blood in the streets

Which pretty much means: stocks, assets, cryptocurrencies & co. should be bought, while everyone else is panic-selling.

And converted to STEEM it sounds something like this:

Be active on STEEM when nobody else is

Everybody wanted to be a part of STEEM when the price was over 8 USD, but fast-forward to today: many, many users have left STEEM and/or are paralysed by the low prices.

And that's a situation, you can should take advantage of.

Advantages of a low STEEM price

If you create content, develop applications for STEEM or do something else to earn STEEM right now, then you will have a big advantage over those, who are currently paralysed by the low prices.

Let me give you a few examples:


A lower STEEM price will earn you more STEEM

When you create a post on STEEM, the rewards you are getting paid out as STEEM & STEEMPOWER are based on the USD value of STEEM.

For this example, let's imagine you've chosen the 50% SBD /50% SP rewards option and your post has a payout of 5$.

Additionally, the current payout distribution while writing this post is at:

SBD: 11% | STEEM: 39% | SP: 50%

Examples

Rewards - STEEM: 1 USD:

  • SBD: 0.55 SBD
  • STEEM: 1.95 STEEM
  • SP: 2.5 SP

0.55 SBD & 4.45 STEEM

Rewards - STEEM: 5 USD:

  • SBD: 0.55 SBD
  • STEEM: 0.39 STEEM
  • SP: 0.5 SP

0.55 SBD & 0.89 STEEM

Outcome

As you can see, the higher the STEEM price is, the less STEEM you're getting with your rewards.

Now, this calculation isn't completely accurate as we haven't taken into account that the payout will be higher the higher the STEEM price is.

However, it clearly shows that now is the time to accumulate STEEM, so that you're ready when the price rises again.


Less active users = more rewards for you

STEEM is utilising something called a Rewards Pool where all rewards are shared between active users based on rewards shares (rshares).

Your vote has a value, which is internally called rshares, based on the the amount of Steempower (VESTS) you hold. So when you upvote as post, you're adding rshares to it. And when you downvote it, you remove rshares.

And bringing this logic to the Rewards Pool:

Let's say there is 10,000 STEEM in the rewards pool and only 20% of all possible rewards_shares have been used, then the 10,000 STEEM will be divided between the rewards_shares in the same way as if only 5% of all possible reward_shares have been used.

Which means:

Less active users = higher rewards

Epilogue

I hope you can understand my reasoning now, why a low STEEM price can actually be very beneficial, as long as you know how to take advantage of it.

But there is another reason, why I believe that thinking longterm is so important:

The Power of Positivity

Let's face it: seeing prices drop isn't motivating. On the contrary: it's extremely de-motivating!

But if you want to be succesful on Steem or on anything in life, then you must not surrender to those fears. Don't just look at things today, look forward, expand the possibilities in your mind. Where do you see yourself one year from now? Two?

And then, when you've grasped that vision, you will understand what I mean, when I'm telling you this is an opportunity.

It's time to think long-term!


Making Steem Greater

signature_therealwolf_2.png
Projects developed by @therealwolf for Steem


Smartsteem.com Steem Chat-Wallet
Witness Essentials Utopian.io Signup

Do you share my vision for Steem? Let's work together to achieve it!


You can vote for me at https://steemit.com/~witnesses.

Or you can simply use steemconnect to vote for me or to set me as a proxy.

A big and sincere Thank you to all of those who support my efforts!

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Sort Order:  

"I will get a 100% upvote from @therealwolf"
"I will get a 100% upvote from @therealwolf"
"I will get a 100% upvote from @therealwolf"

My positive affirmation for today.

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That's the spirit!

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The law of attraction!

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Hahahahah this made laugh, maybe I should try this one day.

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👏👍👍

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"I'll be screwin all night today!"
"I'll be screwin all night today!"
"I'll be screwin all night today!"
There is mine

"long term" is the #1 tool for success in this game

Do people believe long-term run?

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I think in crypto no bull market is lengthy - but it depends on your concept of what long-term run means.

2 months, 3 months...

All i know, those who bought steem at 7 cents are still cruising.

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I believe in the long term because the patience have even more value than the silence in this last years !

If the silence is gold the patience is diamond XD

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People sometimes say you should invest in a coin for the community. I think that's most of the time not the case, it's about technology. But for steemit the community is most important. We need this to become the reddit of crypto.

I think long term we will go higher but cryptocurrency will stay volatile for at least a few more years. Market caps are still small so low liquidity and high volatility. When moon remember to take profits. We never go up in 1 straight line.

I'm hanging in there.
Thanks for reinforcing my positive attitude.

It's just frustrating to spend 10 hours on a comic page and get 50 cents. I would have done it anyway. I actually did that for free since 2012.

So I'm just happy when people actually read it, even if they don't have crazy high Steempower account. ;-)

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I totally understand you!

And I think it will be a lot better once communities are here.

I am thinking for a long-term value in almost all of #cryptocurrencies @therealwolf and one conclusion I can just can't ignore that their prices are correlated to the #bitcoin price. So people just have to promote bitcoin too while promoting steemit to people. As soon as institutions have dipped their feet into this gameplay then up to the moon we go.
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Amazing man!

Posted using Partiko Android

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It's likely that the more mature crypto markets become the lower the correlations between different coins will be. Right now we are still in early adopters fase and market is like the wild west.

@therealwolf

Hello sir
Is there any possibility that it will be touching 10USD again in a few months.??

What about short time investments in Steem.???

One of the reasons why at the beginning of STEEM the user here earned much more compared to now. Every time when the overall activity falls means that you will be blessed when you continue on your way.

Is that scenario not also in the real life? When its hard people run away, they give up, panic, complain, but those who have a vision, have faith and seeing that their faith is not based on blindness rather on proper reason which doesn't take the risk. The risk will always be, but we all know without a risk there will be no rewards.

One thing people are doing wrong in my eyes when it comes to such a moment. They didn't prepare their mind for that. This scenario right now is a possible scenario we need to be aware of. Setting up your mind for that is helpful that the loud, sad voices don't drag you down.

On the other hand, the potential investor should have prepared money for that scenario. Money which is only for that kind of purpose. I am hunting someone and I see this time as an ​opportunity to accumulate more STEEM.

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Hey there ray, sorry for not responding on your previous answer to my comment.

But back to this comment:

One of the reasons why at the beginning of STEEM the user here earned much more compared to now. Every time when the overall activity falls means that you will be blessed when you continue on your way.

As far as I know, the activity was a lot lower, so when STEEM hit the 4$ price at that time, you can imagine how high the rewards were.

I'm not sure where I saw the image, but at one day nearly 100k in rewards were paid out.

Is that scenario not also in the real life? When its hard people run away, they give up, panic, complain, but those who have a vision, have faith and seeing that their faith is not based on blindness rather on proper reason which doesn't take the risk. The risk will always be, but we all know without a risk there will be no rewards.

Exactly. I recently watched this video. Amazing!

One thing people are doing wrong in my eyes when it comes to such a moment. They didn't prepare their mind for that. This scenario right now is a possible scenario we need to be aware of. Setting up your mind for that is helpful that the loud, sad voices don't drag you down.

I know what you mean. Keep in mind that most cryptocurrency investors have no real prior knowledge. So it's understandable when human flaws in emotions are getting triggered. Nevertheless, it's something you can train yourself - e.g. thinking long-term.

On the other hand, the potential investor should have prepared money for that scenario. Money which is only for that kind of purpose. I am hunting someone and I see this time as an ​opportunity to accumulate more STEEM.

Exactly. @exyle talks about this a lot. I'll do that the next time as well.


Thanks for your comment, ray!

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No Problem my friend, I know you are busy too. As I said in my previous comment. You are more difficult to reach as a professional football player 😂

I just started to watch the video and I love it already. Wealth is created through self-sacrifice and taking risks. Love that. It reminds me of the moments what I had to sacrifice to make my dream of becoming a professional football player come true.

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It reminds me of the moments what I had to sacrifice to make my dream of becoming a professional football player come true.

Exactly. That's what I had in mind as well, when I thought about sharing the video with you!

As I said in my previous comment. You are more difficult to reach as a professional football player

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I agree with your thinking, preparing the mind for the rigors and tests ahead is part of securities trading and also a part of crypto trading. those who turn in flee at the sight of the enemy are frequently cutdown in the field of battle, but the prepared of mind will survive.

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One of the reasons why at the beginning of STEEM the user here earned much more compared to now. Every time when the overall activity falls means that you will be blessed when you continue on your way.

History repeats itself with SMTs. Imagine what will happen in the first few weeks of Appics, Actifit, Steemhunt and 1UP. ;)

I don't care what the price is...the show must go on....
New episodes of Hots or Shots every Friday at 6PM EST!
Get that Steem baby!

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That's the spirit!

Totally agree with you and thanks for the heads up. I bought more steem the past few days and weeks and powered up, since I am going long term and believe that although things are not going so smoothly as wished (example developments, updates, SMT...), we, the one who are not giving up will profit the most out of it later on!

Posted using Partiko Android

When you hear longterm in crypto it's likely that someone has stolen your money.

Great overview why it is important to seize the moment on Steem right now!

But could you please elaborate further on this:

Let's say there is 10,000 STEEM in the rewards pool and only 20% of all possible rewards_shares have been used, then the 10,000 STEEM will be divided between the rewards_shares in the same way as if only 5% of all possible reward_shares have been used.

I found this difficult to understand.

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Thanks @flauwy!

Check out these two posts by @theoretical:

https://steemit.com/theoretical/@theoretical/the-steem-reward-system-part-1-v-shares

https://steemit.com/theoretical/@theoretical/the-steem-reward-system-part-2-v-shares-from-r-shares


But to explain in very simple terms:

Imagine the rewards are a big pie. The more people want pieces of the pie, the smaller your own piece will be. And in contrast - if most people are on diet, your piece will be a lot bigger.

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I understand the basic principle but I was confused by the numbers. Thanks for the links, I will check them out. :)

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Those numbers were completely imaginary :)

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@therealwolf I'm not getting the system at all. You say "Less active users = higher rewards". But with the less active users compared to for example last week, each individual would get more rewards when for example upvoting, right? But on the other hand, when taking a look at the upvote-calculator on steemnow (or also on the vote-selling on smartsteem), you kinda get less than before. 2 weeks ago, a 100% upvote with 10.000 SP would receive around 1$ upvote. Now the same amount of SP only gives 0.74$. 0.74$ worth of an upvote is less than a 1$ upvote with the same amount of SP holding. Am I stupid or am I'm mixing too many stuff and just don't get it right? Thanks for the help!

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You're completely right.

However, less active users gives you a bigger share in the rewards pie and more STEEM.

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Here's a great explanation to help.

Such an important post for everyone on the blockchain to read and understand.

Right now we should all be in accumulation mode. And keep posting when everyone else is taking it easy and looking elsewhere.

If you believe in STEEM and it’s potential, being active is a no brained!!

Thanks for the post sir. and everything you do for the blockchain!

Posted using Partiko iOS

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Thank you for the comment, jongolson!

Hi @therealwolf,
I agree that the best time to buy is when there's blood in the streets. I think Warren Buffet is often quoted as saying buy when others are fearful and sell when others are exuberant. I am buying.
Additionally, I agree that right now there seems to be less activity on the bidbots and my returns are currently greater. So I am trying to bid all I can. I am in this for the longhaul and I view every down day as a good day to buy and it makes my money go further. I invest my staking and masternode rewards each day here in Steem because I believe its a great platform, its a status quo interrupting idea and I believe it will be big in the future.

At least you aren't being blamed for it personally.. lol

blame.PNG

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Sorry to hear that @pjau! You and the whole @steemcleaners team are doing an incredible job!

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Thanks, and you do a great job dealing with abusers with Smartsteem :)

This guy just is annoyed with us because he was spamming and we put him on one of our bots for a bit, every so often he comes in to blame us for something.. Just another clueless clown lol

Hi @therealwolf,
I agree that the best time to buy is when there's blood in the streets. I think Warren Buffet is often quoted as saying buy when others are fearful and sell when others are exuberant. I am buying.
Additionally, I agree that right now there seems to be less activity on the bidbots and my returns are currently greater. So I am trying to bid all I can. I am in this for the longhaul and I view every down day as a good day to buy and it makes my money go further. I invest my staking and masternode rewards each day here in Steem because I believe its a great platform, its a status quo interrupting idea and I believe it will be big in the future.

This does make sense. Very timely as well, just scaled up my posting this month to 5 posts per day on average. My question is, is it better to accumulate the steem or use the steem we earn to power up? I read sometime back that with low steem price equals more steem power, which is the better option?

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5 posts per day is a big number! Keep it going and keep the quality high :)

Long Term thinking mentality is definately success steemit. This time is the best opportunity Buying steem coin beacause steem coin price is very low. But steem active user control emotion and longterm mentality must be successful.

I have applied this philosophy for a long time. I do believe Steem will recover but my concern is the lack of actual development going on. We keep getting the same promises that things are being worked on over and over and over again but I am losing hope that Steemit Inc will ever deliver.

And bid bots are not helping us at all.

I like what you said in this post. As a matter of fact, I have bout Steem coins recently and transferred to my account! I think it is a good opportunity! Thanks for sharing! I will upvote your post.

I really want to thank you @therealwolf for publishing this post, it is the closest thing to reality, I have 42 days in Steemit and recently I become a Minnow. From the first moment I saw Steemit as a long-term investment. Obviously these price variations away from many people, but I totally agree with you. While the prices are high, they believe fervently in Steemit, but when prices fall they stop believing.

I believe, and I believe and believe and I am sure that investing in Steemit in any way will be profitable and bring profit, especially because of the diversity of options offered to obtain money either actively or passively.

I hope that those unmotivated to read your publication recover hope in Steemit and continue believing.

A hug.

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Hey @agromeror,

the question you had regarding your promotion and the falling STEEM price on Smartsteem's discord server was one of the reasons why I wanted to write this post.

So thank you for giving me inspiration.

All the best to you!

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@therealwolf That makes me very happy!

Thank you very much!

Aside from everything you say, I believe that when steem reached the heights of 8-10$ it was a bit too early, and it was caused due to the huge bull run that happened...

I believe Steem is worth more than 10$, especially with all the developments and new services I've seen since joining and I can feel that the time to rise up is soon! Soon 10$ will be our bottom and not our top :^)

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Your're totally right, luna.

The price rose too quickly, but Steem, in comparison to other projects, has a lot more value and activity. So I'm very optimistic towards the future for Steem.

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I agree, of the top 50 projects, Steem is the only one in which you have a cohesive community and services, I see a lot of potencial in Steem and we will eventually recover our rightful spot among the top 10 cryptos.

That is a fantastic way of looking at things my friend. Sometimes it is really difficult as a human animal to look at things from a long term perspective. Having this long game perspective is what separates the skilled investors from the rest.

I believe in long term. In Share market also long term view gives best result.

Nice Theory im totally with you... lets go the worse ways and you get a snshine at the end... im sure Steem will rise again...

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Exactly - how dark the night may be, the sun is always showing itself again.

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thats why we love Steemit ;)

That was really helpful

Posted using Partiko Android

Reason for flag: Disagreement on rewards.

Even though the post is technically correct, there's no reason for these stating-the-fucking-obvious posts to be making anything.

Let alone 500 USD.

And yes: it's indeed jealousy and bitterness. Happy now?

One of the things that i dont like about steemit is that someone who is considered a whale makes a comment( and by the way that is 99% a stupid comment) all of a sudden 10 of his followers upvoted his comment because he is considered a whale a maybe some of them will get a reward.
And in the most part they dont get any rewards they are just licking the whales ass.
It really pisses my off when i see some amazing comments and they dont get at least one upvote.

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As I wrote in my previous post: Steem is currently resembling the real world. And the real world is only fair in terms of the laws of nature (gravity etc.) but not for the individual.

What is long-term thinking?

A mind that can be in a state of not-knowing, is the highest form of thinking...

I don't know, you don't know, we don't know...

BTC could drop to 1000 USD, and STEEM to 0.10 cents... or lower.

STEEM could stay at these depressed levels... for the next 10 years. And never recover...

We just don't know... if you think long-term, you are not knowing but believing...

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Bitcoin can't drop to 1000 USD. People would buy and that would make the value being way higher

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I can/could drop to zero, nada, nothing... just like that...

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I understand where you're coming from, but it seems this century is deemed of ignoring logic.

Everything in life is a matter of chances and while everythingcould theoretically be possible, that doesn't mean it's logical to assume that it would happen.

BTC could go to 0 USD, but the chance is so low, that it's unlogical to assume it would happen.

There is simply too much money being spent on mining, which in itself creates value for BTC.

With that said, nobody knows for certain what will happen, but the chance is a lot higher for BTC to hold its value and even rise, than for it to go zero.

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Agreed, we are on the same page. Positive - Thinking about BTC all day long is merely positive talking to oneself.

In your reply, you were not thinking, but reasoning.

We agree. Have a Nice Day @therealwolf.

The Sun is shining and the birds are singing.

first post i like realy today

I dont think steem is going to back to 5 dollars ever again. Like its great and i l love it but would you look your grandmother in the eye and say this 1.15 price is a good investment? If it was we'd all be buying it wouldn't we?

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the whales are buying... johal bought 10k just yesterday... i bought 500 or so in the last week... i mean, weak hands are being shaken off.. granted, this is not me telling you to drop your college fund into this. I'm just saying I'm one of those "crazy dudes" that is buying.

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if you believe its a great price, i lost faith

I think were going to be in a bear market for about a year so buy all the steem you can.

Very powerful. Thanks for sharing..

You are right. I've learnt from your idea of the power of positivity. Thanks for sharing these facts..

Nice analyse , i m confident that steemit is a long term investement .. thr most important thing is to not worry about the variation of dollars .. just work hard and hard and hard and you will see the benefits of your work .

Posted using Partiko Android

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Thanks man. I appreciate you share your thoughts and knowledge with us :) you inspire me!

Thanks for your post and everything you do for the blockchain!

nice post bro

well if we an endure this, we will all come out battle hardened veterans!

What goes up will always come down eventually, as a rule. There are always exceptions.

We are positive since a long time but really don't know when the actual positivity come??? Positivity upvoted>>>

hello therealwolf (67) sir your post is very nice some thing i mean but i m new in this golden plateform. but your post give me encourage to do some thing good so i want to adivse me how to progress in this plateform i want to work in full power so pls help i m in trouble lack of information pls reply therealwolf (67) sir

Ho @therealwolf you nicely explained the all the possibilities to earn more rewards in the current market. Yes market is way down currently so steem is. But I never thought that this way we could make more steem power and increase our account worth. Now I will try to do it as much as possible. Nevertheless to say that market will go up again however don't know when. Thanks much for this useful post. This post truly deserve to be trending at top. Good work .

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well my knowledge of socks, bonds, and the price of steem wouldn't fill a thimble, but i get your reasoning. As to staying active versus not staying active isn't an option for me. I write because i enjoy it, and when those stories fill my head, they need to come out!

I'm not sure I exactly understand the logic that earning $5 now results in more Steem, because as you said, what you earn is tied to the USD value of Steem. So with all else being equal, wouldn't the value earned essentially be the same?

I do understand and agree that unmotivated writers means less competing content, which means a bigger slice of the pie. So factoring that in, you will be earning more Steem for the same effort.

I also agree that earning now offers a huge future-appreciation advantage. If you earned at $10/Steem previously, you'd have faced a 90% drop in the value of your portfolio now. But the other way around, you'd enjoy a 10x increase. I think we're well positioned now to not only earn more income, but to see those returns appreciate significantly in the future.

Personally, I've become attracted to Steem because it's one of the few cryptocurrencies I've found that has tangible value to the general public, aside from just a currency. At least to my understanding, it creates, promotes and provides information that can't be censored, altered or erased. But at the same time, the community is incentivized to ensure good content is more visible while bad content is less visible. That's pretty unique.

Anyway, I really appreciate the article; I upvoted and followed you. :)

Patience is a virtue also in Crypto. I'm hodl on my steem for long term now just trying to accumulate the steem .also I just consider this down price scenario now as a discount promo. Best buy to when the price is low .

That's pretty awesome actually. Nice approach looking at the glass as half full instead of half empty and great info, thanks for sharing!

@therealwolf Great post! Awesome explanation of Steemit timing advantage. Feeling motivated :D

This is my first comment. I love the positive and informative content here. Thanks.

I joined steemit few months back, i have a very little knowledge on steam power and others but with this writeup i have learn somethings. Thanks.

Bitcoin lasted almost 10 years to get the price it has. I have no doubt that in at least 5 years, Steemit will be one of the most important social networks on the internet, and of course, the value of a steem will be 10 dollars or more. Just Patient and Hodl

The logic of Trading TA applicable to the Steem blockchain.
Outstanding post @therealwolf

I'm posting on SteemIt daily regardless of the price action ... its my therapeutic way to blog daily about everyday life or projects. I'm planning to soon post my progress of my Patreon creative art project soon!

Maybe I'll also develop something on the SteemIt platform specifically dealing with art here.

I was thought Steemit will get me free financial in future

This is so real. I have lots of friends before but when I checked after a month a bunch of them weren't active anymore. Indeed seeing prices drop is demotivating plus the fact that new steemians aren't always educated very well of how the platform works.

On the contrary, it's true that having less active users now earns you higher rewards because of the considerable price of steem. But if you really have a strong purpose, these price drop shouldn't affect you much.

As long as you know your craft and you're keeping quality as much as possible, you won't lose any potential rewards and organic followers.

I am thinking for a long-term value in almost all of #cryptocurrencies @therealwolf and one conclusion I can just can't ignore that their prices are correlated to the #bitcoin price. So people just have to promote bitcoin too while promoting steemit to people. As soon as institutions have dipped their feet into this gameplay then up to the moon we go.

hey therealwolf I really must say wow! that your banner that you made is really awesome nice steem post also.

Positivity may seem like the best path, but never underestimate the power of the Dark Side!

hat's great thank u

let me vote for you and my hopes that you will become a steem witness

I understand your advice to motivate, however I think that as long as there is a fair distribution, Steemit will be only for the rich to remain rich, and the new with little steem be poorer, I think the platform whaleshares be better for their system Of whales that are implementing.

Indonesian language

firasat saya ini pasti karena harga steem dan sbd yang melemah. benar toh.... kata yang patut untuk saya kutip. "lemah harga. bukan berarti menyerah untuk mecoba, berkarya serta sukses" saya suka kata motifasi di paragraf bawah. sekalipun saya bukan sesiapa. hm...


English language from google translation

my feeling is definitely due to the weakening prices of steem and sbd. right anyway ... a word that I deserve to quote. "weak price. does not mean giving up trying, working and success" I like the word motivation in the paragraph below. even though I'm not anyone. hm ...

Posted using Partiko Android

I am here for long time. To summarize your post in one sentence " Remain be Invested ". Thank you for sharing your thoughts.

Great article @therealwolf and nice mindset!

  • upvoted & resteemed

The real value of steem never goes down, because the project around steem blockchain is growing. In fact steem is more valuable compare to steem a few months ago. Only its fiat value is decreasing because people out there got scammed with a beautiful promises.

Tbh, I dont have much feelings about the price dipping all this while. Activity on Steem has already become part of my life. And in fact, $1 per Steem is still high enough for me given the high marketcap.

Posted using Partiko Android

@therealwolf it seems long way to go.. in near future, no upward movement for all crypto-currencies..

I always try to stay positive because of a law of vibration and law of correspondence. Thanks 4 this cool post

I cannot agree to you more. Long term is the best way to think. Instead of trading our money in different exchanger the best think is buy more Steem power and take advantage of the price and earn more rewards here

100% long term! :)

Best blog.. really good 👍👌😎

Hmm, interesting, although your point of how a $5 reward is worth more now isn't really accurate because the value of each upvote is dropping together with the value of the price of steem, hence an upvote worth $5 when steem is at $5 will give you the same amount of steem when steem is at $1 - it will just be worth less.
Also - while it is true that now is the time to take advantage while others drop out, it remains difficult for new users to gain a following and attention, and for most new users (plankton-minnow) the strategy remains the same of powering on, posting quality content (and comments) to gain notice and prove your value in the community, and slowly gain a following as you wait for steem to go up.
In any case, I agree with the message of looking to the bright side and putting in your best effort even when prices and profits drop, it's a good work ethic and certainly good for character.
Thanks for reading this far, and if you didn't you won't see this anyway, so... yeah, not really sure where I'm going with that. Steem on.

Wow, what a very good concept, buy here and promote there with a good profit margin simply in seconds. it truly is cool in case you question me. it is able to be a pleasing arbitrage opportunity, but it’s additionally unstable and if does not pan out you would possibly lose money on taxes. despite the fact that, funding in steem is continually a very good investment Wonderful project Roeland! You are the best.

From it's previous record of nearly 10 USD down to 1 USD. That's a lot of red .. Now, don't get me wrong. When I joined Steemit a year ago, it was completely normal to see STEEM in the region of 1 USD.

Some of us were here when it was at 9 Cents... for months :-) And some were smart enough to buy a huge amount of Steem back then, haha

Thanks for the shout-out! I think it's important to be positive but also realistic. Most of the content creators are here for instant rewards, whether this is due to a misunderstanding of "your voice is worth something" or a lack of education from our side.

Building a brand requires time and patience - not only on Steem :-)
As in real life so on the blockchain: only those who're patient and persistent will go far.

Happy weekend!

U are absolutely right..Btc is also pumping and yesterday altcoins also pumped

absolutely , i completely agree with this article .Time will come when steem will definetly grow to maximum.Till then ,have faith guys .

Nice picture

Cryptocurrency is for long term and only for patience.

I kept posting when Steem was 6c not so long ago and it paid off for me. I'm playing the long game.

"If you create content, develop applications for STEEM or do something else to earn STEEM right now, then you will have a big advantage over those, who are currently paralysed by the low prices."
A great idea, thank you very much!

Is there any chance that it'll be touching fifteen USD once more during a few months.?

your real post if i am motivated to do a long term job, i will keep this post for ever, i will keep this post for ever, thank you very much for taking the time to explain it because not everything is always perfect in the life of negative things, there are always wonderful ideas to improve oneself as a person and in the work, greetings that follow your success i hope in a few years i will be like you in steemit

i believe long term hold ........

Your post very important for our.....I did not know well earlier. I understand today through your post. Thank you for your post

Good effort @therealwolf.Resteeming your post :)

Congratulations @therealwolf!
Your post was mentioned in the Steemit Hit Parade in the following categories:

  • Upvotes - Ranked 3 with 1669 upvotes
  • Comments - Ranked 9 with 104 comments
  • Pending payout - Ranked 1 with $ 539,1

Long-time run is better or not?

Verry interesting post! I was working today in a restaurant. Because of the heat here all the people were so negative. I had to make myself think positive. Sometimes it is so hard to do when no one is.

Everything has a two phase positive and negative.

Spread them positive-vibes like butter

We believe that every investment is a risk and thinking long term is a key to success #smartsteem

therealwolf

nice article
very motivational

How I can growup here. I don't know how to create a developer.

I believe in the long term run to cripto

Hi their,I am new to steemit,Just want to understand should it work here or quit ? as m not seeing any results on my posts....

Your advice is so true. But to be honest it is very hard to do the exact opposite when it comes to investing. Don't get my wrong I do believe in cryptos and steemit but at current situation it's hard to think that there will be the next bull run soon.

So it's even more imortant to read such positive texts like yours. Thanks for that.