Steem and SBD - Fall and Rise

 

*

 

Hello my dear Steemians and Art Fans,

 

 

There are many different events influenced my post today. One of them is that the values of all the Cryptos crushed and many had losses in their investments.

As to Steem and SBD they were not preserved and “bled” like any other.

 

What did you do when you saw that?

 

Have you sold your Steem and cashed it out or have you decided to stay and still Power Up?

 

---

Steem and SBD fall and raise

---

 

Once again when talking about Steem, I would like to mention one more time, when you decided to invest in Crypto then Steem is one of the Cryptocurrencies that only you can influence.

It is not simple buying and holding the amount with hope that it will go up.

In case of Steem you can buy some amount and Power Up as Steem Power, like we did 3 years ago but then while posting and upvoting you will make it possible to grow.

 

We initially started with couple of hundreds of Steem and now within 3 years there are about 50K SP. But it is not only simply posting and waiting that people come. You need to be seen that means you need to look around and take active part in the activities that will make it possible to really earn Steem.

Like in real life when you want to earn you work or when you have saving account you will not withdraw your money for example because you need to have holiday money or need to spend for nice dinner.

You should make everyhting to make your account grow, even little by little.

 

Like old proverb says:

The first Million is the hardest

 

 

Decentralized Finance

 

We should not forget that Steem is not only a Social Media but this is Decentralized Finance:

• We can earn it
• We can support others
• We can create charities
• We can finance our lives

Steem, should not be a short term investment, if you want to harvest good profit then you should invest and Power Up and not immediately withdraw it.

Steem Power is very important, once having high SP, you can not only be easily seen but you will earn with posting and .... voting.

 

---

Steem and SBD Prices

---

 

It was hard to see how Steem value after dramatic fall to below $0.42 on 23-24/05 and my thought was that it is the end of our wonderful raise.

But luckily it is slowly recovering and currently at the time of writing Steem Price is $0.656

 

 

The same time it was bitter to see how the Price for SBD went down to $4 USD few days ago, but luckily recovered to even $11USD.

By the time when I was writing 1 SBD= $9,23 USD

 

 

 

Steem or Hive

 

I think slowly but surely many users are posting on both platform. People post in Hive because of rewards from different trials. Of course at the end your reward looks good but think about the final earnings and look at the look at the screenshots

 

 

 

At the end Steem Value is still more stable and recovered quite quickly. Even if it looks like that you earn less, at the end if you convert both Crypto Dollars you see that with Steem you benefit much more.

• Hive Dollar 1.04
• Steem Dollar 9.23

 

Therefore, Steem Power Up, build up your accounts and support each other.

 

*

@stef1 and @myskye

 

 

*

---

CURATION TRIAL @worldofxpilar

---