Steem dropping! Oh no!
Meh! Doesn't bother me one bit. I guess I really should have been setting aside 10-25% of my earnings in a more stable coin, so when Steem and SBD do correct, I can buy more. However, Steemit isn't just a job for me. I enjoy it.
Mr. Whaley said "don't panic, everything is going to be alright" ^_-
And since I am not ready now, if ever to power down my account in full- Today is just another day for me. I am by no means a Steemit veteran, but prior to Steemit, I did have a Philippine brokerage account. The volatility wasn't as wild, but neither were the profits :)
Mentally, its always sad to see your account value or net worth dropping on paper; This is just a paper-loss, and doesn't MEAN ANYTHING, unless you panic sell with everyone. The only thing different between today and yesterday, is the news of Korean exchanges getting raided for tax avoidance. There could be a crackdown, but this doesn't affect us here.
-On a brighter note-
'Tis the Sinulog season! Since I moved to Cebu, I have not missed a Sinulog yet. Last year I spent this holiday with my siblings, but this year it will be with my newfound friends from @Steemph.cebu! Funny how in just a span of a year, so many things can change.
(Me, Stanie, @gerel, and GV)
In a previous blog, I had a giveaway for the New Years: https://steemit.com/food/@purepinay/starting-out-strong-health-before-wealth and the winner was @glennamayjumaoas who won a new Starbucks planner, a small cake, and P500 cash.
(@glennamayjumaoas and @purepinay)
So, to all my Steemit friends. HODL strong, and keep Steeming :D
Continue reinvesting in yourself, because last week Steem was over $7. To sell today, you would effectively be leaving too much money on the table.
XOXO,
Gilaine
I like the odds of STEEMIT myself, the noise is always going to be there ;D
Steem should be at least $20, trust me. :)
Lets make it happen!
Steem to drop upto 1 usd
not in near future nor in far future lol i dont think it'll ever go down from now. Steemit is building a community not a faucet
It will take a long time but I am confident in the steem platform and I know for sure that this will happen. =)
yeah, but after i buy at 5, it should be $20 lol
Don't worry, i trust you!👌
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Wow!
it should be equal to Bitcoin
Can you make some things clear to me as I am fairly new on Steemit? Steem is a decentralized currency and Steemit on the other hand is centralized. (As whales do make the decision who will succeed and who won't) So really my concerns stand here; Will the centralization of Steemit make an impact on the currency itself? If yes, then it will become another pump and dump I suppose.
steemit isn't centralised.
Steemit is centralised, steem isn't. Check your facts.
Hello,
Steemit is a centralized website that reads and interacts with the steem blockchain. The whales simply own a lot of Steem. In the sense, Steem is centralized. Ish. Sort of. Not really.
Ok, so I do really need to clear this out or at least defend where I stand.
Centralization is the process by which the activities of an organization, particularly those regarding planning and decision-making, become concentrated within a particular location or group. (Source: Wikipedia)
Use that definition and look at Steemit. Whales do make all the decisions here, if they like you, they upvote, on the contrary if they don't like you, they flag you.
So, the definition says power needs to be concentrated within a particular group, and it is; whales make a small, I would say tiny minority here on Steemit, and they do control it all!
(Whales = People with 100,000SP or more)
Your statement is factually correct. However, these people are whales for a reason, that usually being contribution to the platform, serious abuse of flaws in the platform, or market manipulation.
It still doesn't change the fact that it's centralised.
Always positive thoughts ❤😍 .. I missed you ate @purepinay.
Thats the attitude
always have to be positive! I miss you too!
thank you for trusting me, you don't have to worry about yours, it doesn't even affect you really, not like me I invested my money here, so I want you to do well and always put your feet on the ground and help the others by sharing your knowledge.
Did you finish watching that tutorial I sent you?/
@purepinay, you know sometimes i wish i could get your post first and first thing in the morning. Why?
You are wonderful, thanks for the positive talks and all the upvotes, lol i see all 'em
I wish i had met ypu earlier!
Thank you for the kind words, and I really appreciate your support here :) Have a great weekend!
😍😊 yes,I will ate. Thank you for your advice and being supportive to us and even to other people. I will do my best to do well and help others.
@gerel thank you! <3
How much money did you convert into Steem crypto currency ?
My I request to your kindness and generosity those tutorial too. my friend on how I can learn here more Thank you @purepinay wishing your positive response for your help.
i want a sttem based animal crossing + farmville where you earn real steem/sbd
i think we can even remake cryptokitties much better on steem blockchain,... we just need a simple trading card game using steem comments like a MUDD
🗅
i’m on animal crossing pocket camp! do you play? if so add me as a friend: 6636 2749 595!
@jie28
it's a basic training @jerrybanfield made on youtube,
I share it with newbies, hope you take time to watch it and share it with your friends too
Thank you so much. @purepinay
great to see the love of u both may god increses with between u and reached upto peak
Aww, don't worry! It is as you say. Steemit is getting stronger day by day. I'm sure that as the community's value increases all your investments will be worth it. Stay strong! And thank you so much for this drop of positivity. You improve the community a lot. :)
yes be positive steem will come back
I am optimistic that it comes back soon. I noticed my latest post dropped from $0.98 to $0.88 meanwhile, I was earnestly waiting for it to climb to $1 before payout. Lol
I still don't understand how this all works :( I hope I can understand soon so that I can earn the most I can with what I already have.
Right now, you don't have to worry about your account. You have to grow your account value by creating content and powering up....keep rerolling the money.
I suggest you do 50/50 on your blog. Remember you we only get 75% of our blog earning the 25% goes to the "curators" the people who upvote your account. I'd like you to research about this. So you'll understand more.
I'll get back to you as much as I can. I have to get some sleep it's already noon here.
TC
Actually, sleep is not visiting me yet, lol
Am going out of my page a little and say hi to some newcomers, thank you for staying around. Talk soon!
@robinephy, yes it coming back now, check the market ^_- everything is going to be alright
Actually steem is trying to stabilize for this year, let no man panic but rather keep his steem
exactly. everything crashed. but only invest money you can afford to lose so you don't care and you can hodl :-)
Yes, you are on point, I guess. But sometimes one gotta figure out a way to forecast the risk involved even when it's not feasible.
Its a mild correction
you're right, thank you for the positive attitude =)
Dont be scare of any Steem FUD. We smarter than that!!
Yeaaah! Just hold it all till it comes back up, and then keep holding because it's gonna keep going up hahaha
thank you!
God bless you
Steem is still undervalued. And SBD is still overvalued.
The marketcap of Steem is at $1.1 Billion. Watching the price on a relative scale and comparing it to other platforms in crypto space, it tells us, that we can reach at least $5-10 Billion on the mid term scale (1-6 months). Selling steem now is a guarantee for regret.
When it comes to SBD one should consider that SBD is not meant to have a price over $1. So, it IS overvalued right now and the price is very speculative. I am positive this will correct on the mid term too, unless steemit puts on some hardfork to change how SBD works.
As for me, I am investing every SBD I get back into Steem. High SBD price + medium steem price gives me a very good amount of Steem to hold long term.
My Target for Steem: $10 mid term, $20-30 long term
Remember: Steemit is still one of the rare platforms that actually have a real working use case. Most crypto projects do not!
Keep on the good work :)
I did a 50/50 payout for my first couple of posts but at this point, I am so invested in this concept that I am very willing to pass on the immediate extra sbd now for powering up to illustrate that point so I can start being a more impactful community member to my fellow users through curation.
Having 50/50 payout is good when SBD is high. We can get more steem power rather than 100% when calculated, we will get lesser. Wise decision! We will hodl on to steem.
I agree 100%, and this is why I was mainly focusing on Steem and not SBD. SBD is supposed to be pegged to the USD, which guarantees post rewards.
Do you recommend trading the rewards for posts into Steem Dollars?
Great post
Crypto goes up. Crypto goes down.
Crypto goes up again.
Hello My Sweet Friend @purepinay,
(once again late respond on your post sorry 4 that) I have always love for you as Steem Family members. you are strong minded Gilr and I hope never depressed in any situation.
Steem Dropping at once is surprising but don't be fed up, when you see whole the coin market then mostly coins are dropping down. main thing is that Bitcoin is down at the rate now 13k $, so dont worry it is temporay and soon go high, i am agreed with you.
Keep Going On, My Best Wishes Always for You.
Well, it's hard not to worry about it, at least subconsciously, when your earnings half in value in just a day. But @purepinay is absolutely right! This is nothing compared to the potential that we have going on here. It will surely come back and we'll be back up on our feet with our savings!
Thank you for the positive feedback, @rabeel. How's everything going with you? I hope you are doing well.
Thanks a lot dear @purepinay for your always positive response, everything is going right. remember me in your prayers.
Hey dearest friend @purepinay. Hope you're doing great. Today when I got the notification of your post I was stucked in Traffic , internet signals were too weak there and without Internet it was too hard to respond. So I read your blog there and now at home I'm responding.
I'm totally agree with this statement:
So, to all my Steemit friends. HODL strong, and keep Steeming :D
Continue reinvesting in yourself, because last week Steem was over $7. To sell today, you would effectively be leaving too much money on the table.
Presently, I'm not hodling anything, as on this platform I'm fulfilling a major part to feed my family. But in near future I will must hodl steem. Thanks a lot for your great efforts and love for community. Your positive approach has made you more PROMINENT here on steemit.
For me you're now as famous as @sweetsssj. Keep it up @purepinnay.
Aw, thank you for the kind words, and that notification nothing you said just made my day! Really, thank you for your time and support, @jawad09
Btw, what do you do for living? Digital marketeer, or do you have other jobs?
By profession I'm an Accountant. I was digital Marketer and working as Freelancer since 2012. But since early, 2017 my freelancing career was declining. Industry was switching some other fields. And meanwhile I got steemit. So I have left everything - No freelancing, No marketing etc. In morning Accounts Job and After that all the time at steemit. Hopefully, you get the Answer @purepinay.