Should We Start Posting Or Wait Until Everyone's Voting Power Recovers?

in #hardfork6 years ago

This is a question that I have asked myself over the last 24 hours. And to completely honest, I have wanted to crawl up in a hole and throw myself a little pity party, but I figured that would not do much good.

Then I realized that there was another important question. Am I here for the long haul or just focusing on short-term gains?

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source

Short-Term Earnings


If you are here for the short-term earnings, then I feel sorry for you right now. I do not have a problem with your goals, but there are a few factors that are making your Steem journey tough right now.

  1. Steem prices are still low. They have been for some time.
  2. Voters are still recovering from the effects of HF 20, and many people are waiting to upvote until their voting power stabilizes.

Long-Term Goals


If you still thinking long-term,​ then you should consider posting (at least a little) over the next few days.

A long-term Steem strategy includes acquiring Steem, even when the price is low.

  1. One way is to use fiat money to purchase Steem. This is a great way to acquire Steem when prices are low.
  2. The second way is to earn Steem/SBD from your blog posts. This a way to be compensated for your content, but is it hard to stay motivated when prices are low.

So here is the deal. With a long-term strategy, you should focus on payouts in terms of Steem and SDB, not your local currency. The reason being is that you anticipate that over time, the value of Steem will increase.

Steem EarnedPrice is $1Price is $10Price is $100Price is $1,000
0.01$0.01$0.10$1.00$10.00
0.02$0.02$0.20$2.00$20.00
0.10$0.10$1.00$10.00$100.00
0.20$0.20$2.00$20.00$200.00
1.00$1.00$10.00$100.00$1,000.00
2.00$2.00$20.00$200.00$2,000.00
10.00$10.00$100.00$1,000.00$10,000.00
20.00$20.00$200.00$2,000.00$20,000.00

As of late, my posts have been earning a total value of between 1 to 2 Steem.

If I only earn 0.1 to 0.2 Steem per post over the next few days as a result of HF 20, but then the price of Steem increases to $100, I could miss out of a future value of $10 to $20.

If by some miracle, Steem reaches a price of $1000, I would miss out on a future value of $100 to $200.

Final Thoughts


For me, the present risk is worth the potential reward. I like writing posts. I like interacting with people. I think that the current growing pains are going to make things better. And you know what, I could be dead wrong.

But if I am not, I don't want to think I held anything back, even when times were a bit tough.

I want to hear from you.

  1. Are you waiting for voting power levels to increase before you start posting?
  2. Are you concerned about the short-term price of Steem or do you have a long-term strategy?
  3. Are the Steem blockchain and the earnings you make from it vital for providing for yourself and/or your family?

Thanks for stopping by!

@SumatraNate


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I would avoid crawling up into a hole.

Agree. First off, I don't think I would fit. Second, there are opportunities out there. I need to be ready to go find them.

Are you waiting for voting power levels to increase before you start posting?

I am, though I will comment on other posts such as yours, now did my VP... er RC's just go down for simply replying?

EDIT: It doesn't go down.. now that's a relief :)

Are you concerned about the short-term price of Steem or do you have a long-term strategy?

Not concerned, if it goes up I can vote higher, if it goes down I'll buy more STEEM.

Are the Steem blockchain and the earnings you make from it vital for providing for yourself and/or your family?

No, this is an outlet for my rabid creative streak.. its got other uses too.. you make friends and that crypto total goes up!

PS. I'm not voting at all for now.., something I thought I would never do. It will all be good in a few days.

I do appreciate the comments and replies. I agree with you that there are opportunities with both higher and lower Steem price. I bought on the recent lows at an average price of about 0.80 USD.

And I also agree with Steem being a creative outlet. Of course, I want the community to thrive from a financial perspective, but I have grown a lot as I have created content and engaged the community.

You can make just post also... :)

and hi from Estonia :) I hope last 2 days was good there and you did lot walk :))

I'm trying to wait how things will pan out over the next few days... minimal comments, almost no upvoting and zero blog post. Fortunately, we don't rely on steemit for a living but i am also having high hopes slash confidence steem will moon someday.

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@arrliinn, have things panned out yet? I feel like I am in a good place not, but not sure how some of the other users are doing. I too have high hopes Let's keep riding the Steem train and see where it takes us.

Hey @sumatranate! I should have everything back in order steemit-wise by now, i just have to get some free time to make a post. Lol.

Hi @sumatranate!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.094 which ranks you at #3136 across all Steem accounts.
Your rank has not changed in the last three days.

In our last Algorithmic Curation Round, consisting of 369 contributions, your post is ranked at #197.

Evaluation of your UA score:
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