Estimated Account Value
HELP!
My steemit account is, well, melting!
When I starting using steemit, my account went up to around $80. Now it is in the toilet. It is about to descend below $13.
I know I have sucked at using steemit, and I assume this is part of a general trend, but what the hell is going on!?!
Do I need to blog everyday? Do I need to befriend multiple whales?
We have 39 whales and around 30k posts a day...
so, those who are teaching people to look for whale votes are giving bad advice.
In fact of those 39 only about a third of them are active on the chain.
All of our accounts are shrinking. The current price of Steem is about .14 usd. Just a few months ago it was .40.
Most investing is about putting money in... We have too many who want to take money out regardless of value. It will stabilize when the market conditions change or when less people sell.