Crypto Dip: The Way Forward.
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Earlier today @ned made a post about Steemit Inc Update. If you have not read that post, I'll say pause right now and read it up in a few minutes. Also take time to go through the comments section. There are a lot of rich info shared on the comments section of that post.
So reading that post and looking at the current status of cryptos today, I think that post is an example for all to follow.
If you are a core believer in cryptocurrency/blockchain, then you know that we are in a long dip that no one knows how much longer it will hold, but we'ling.
To survive this dip, you must make a couple of changes just like @ned did with the operations at Steemit Inc. Cut down on all cost consuming activities that is not absolutely necessary at the moment. 50-70% of your current expenses will have to go. Only the really necessary stuffs will have to get done right now.
Next, focus your energy now on building yourself up. Study and gain a couple of skills about the blockchain and cryptocurrency. Learn to trade, or to build and develop your skills the more.
Know that the real value of blockchain as a tech is beyond the financial value of cryptocurrencies but the value of what we can do and problems we can solve with the blockchain technology. So even when cryptos are down in financial value, there are a lot more than blockchain is helping and many institutions are getting into the race now.
Plant your seed now for the spring.: most people are praying for a bull run but have nothing in their crypto wallet. Now is the time for you to gather more cryptos in whatever means you can. But do your own research on which cryptos to buy and why (technical analysis and most important, fundamental analysis).
Stay away from debt and from making promises as much as possible. You have enough to worry right now than to add a list of people you are owing to that list. Don't purchase anything with the hope that crypto will increase and you sell off a few. Fine, crypto will increase, but don't live on hope because hope is not an action plan.
Above all, network. If you were not commenting before, now the number of people posting is reducing. Use this time to network with people. Make friends right now. People's blog are empty without comments on their posts. Take the time now to build your connection and expand your horizon.
Go learn that coding/programming/trading you always hope to.
@Empato365, is ready share the knowledge of programming and trading/forex with Spaceforce members. Also make YouTube your friend.
What a dip indeed!
Right now, its called the survival of the strongest. The dip has really made many inactive, many who are weak perhaps.
This post is a mind builder, quite encouraging and practical.
Just allow it take effect in you, regardless of the category you fall into, the already committed or the weak!
Where is the steemjet motto?
on the wings of superstars, lets not stop been words and steem
I love this
Actually, the is the best time to grow by adding to your existing knowledge and connecting with others through commenting.
I have been struggling during the dip, I believe in Steem longterm and I am not willing to give up anytime soon, I just promoted my post with 25steem and I am pretty happy. Soon we will be back and just so you know, I hardly get upvoted by steemjet and I have been using the tag and submitting my link
Posted using Partiko Android
The curation is made manually on post made on the tag, your post have been upvoted a couple of times. Keep using the the tag, our curation team might have missed your posts for sometimes, do forgive the human error.
Daddy come and give us school fees na😂😂😂
Well this is a good piece of advice, I can offer to teach steemjetters about programming and crypto/forex trading.
I'll edit the post to indicate this. Thank you.
To the face behind the mask: You just threw in some powerful words of encouragement into the air.
I got to truly define what building a connection and expanding my horizons means.
Thanks for your words.