The Fall In Crypro Prices, How Is It A Blessing To You? Pt1

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For the past few months now, the price of cryptocurrencies have been dropping and we all keep hoping that it will bounce back, but rather for it to bounce back, it keep falling.

This as resulted into lesser posts, comments or interaction, curation and many more because a lot of people are not motivated to do what they normally do when the price was very high.

I'm limiting this post to steemit and it's coin alone and not other cryptos.

The drop in price of steem and sbd is a plus and a blessing for real investors, it could be a time where other people rises to the throne of a whale. If their is a best time to invest in steemit, the best time is now. You can buy steem so cheaply and power up, that would put you in the same bracket with other whales.

The only person that should panic with the current price should be the sellers. Like I read from @meno post, few minutes ago, he said in his post that the time we are now is the time to hold on to our steem and we should not consider selling them for now. This sounded like a very good and helping advice for those that welcome it.

It doesn't make any sense to sell those hard earned coin so cheaply now, pile them up in your wallet, you can trade it for fiat when the price goes up.

This might not be the best option for those that live on steemit for sustainance, but selling all in a time like this doesn't make any sense.

To back my point @surpassinggoggle said something early this year that we are eating, paying bills and do some other things before long before steemit, we can still do those things off steemit by allowing those coins to stay in our wallets, this might still not be applicable to all, especially those that depend solely on it for their survival, but a little sacrifice in a time like this can make the difference. If you must sell at all, why not sell half and keep the other half for a good time.

Don't stop posting, commenting or doing some other things you normally do when the price was up, continue with them, see this time as the best time to gather up enough steem and sbd for you to have something to trade when the price goes up.

When will the price go up?

I don't know and I don't want to assume, but with the history of crypto, it is very certain that it would go up again.

To benefit from the fall in price, the first thing you must do is to have the mind of an investor and not the mind of a seller.

To be continued.....

Disclaimer.....
Don't make investments decisions based on what you read in this post, it is only my own way of viewing things, do your thorough research before you invest in anything, crypto included.

Thank you for reading through, please don't forget to upvote, comment and resteem this post

I am @emmakkayluv and I love you all