AskSteemit: How is everyone doing during this dip?

in #asksteemit6 years ago

Hey everyone! It's been a while since the reward pool has been giving out this low amount of $ in value, figured I'd ask how everyone is doing. Hope you're safe out there and that you haven't been relying on Steem too much in your day to day. I've mentioned countless of times before that these markets can be brutal, it doesn't matter what currency you're in and how great its potential is, as you can see by the general market sentiment everything is being wiped clean in the same manner.

Although I think this is healthy for the crypto space in general it is hard to determine how long it will last, smart money will be moving around and finding the good projects but they won't make it all too obvious to you which ones they're betting on. I am hoping the general hyped ones that don't bring much innovation to the table will quit existing and taking a spot on coinmarketcap soon, but who knows really.

For those of you who have been able to turn your profits into a stablecoin or fiat the time is coming where you should feel secure enough to trade them back little at a time. Do your own research though and don't trust others too much. :)

How are you surviving this nasty bear dip?


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Surviving fine, sold two monster cards for 1k STEEM which is bound to rebound, in my opinion, with great strength.

The two cards in questions were GFLs, but I don't think their value will increase as much as STEEMs will in the future. It's a gamble, and I've taken the side of the platform for that bet, instead of the dapp. :D

Doing great, enjoying the downtrends as I can accumulate more tokens easily but, as mentioned not having fiat to invest in, is killing me. Apart from that, I hope not to get rekt with my last conversion of 500 SBD. That would be terrible. Can't afford to lose.

That said, I would love for the downtrends to stick around for as long as possible. Maybe I get an outside investor to throw in some money in my SP bag, or if nothing else, I'll at least earn a lot of STEEM and Power it Up!

Have been waiting for the dip but didn’t expect to be this low so bought some. I bought some at 45c thinking it was low enough but then got lower so bought a little more. hope this decision is correct and the returns will come soon

I'm feeling hyped like never before. I assumed this chrash will happen eventually and the only thing I'm mad about is not having fucking fiat to invest. Big players are searching the best entry point before market reaches trillion dollars of capitalizaton. Maybe I'm wrong but I think we are about to witness the greatest bull run so far, just keep your head cold. Every time bull came it was slightly bigger then one before, but having in mind that crypto and blockchain are just starting to have usage I believe this bull will be fucking huge.
Keep hustling 😁

I'm sorta in the same boat, although I have a bit of fiat, I am under 18 so no fiat 2 crypto company wants anything to do with me! Hahaha 😭😭

I'm OK, still don't care about the price. I mean, I care but that is not slowing me down with my STEEM plans and my belief in STEEM is not shattered. These are the rough times and it's the first time I'm experiencing this. But you and others are really motivating people to stay around and fight for this community. Thanks for that...

Until STEEM goes back to normal price, Imma do my shizzle and STEEM ON! <3

I got this job at the perfect time, right on the crash. I depended entirely on Steem at the time. Now I get a salary its a LOT less stressful. Especially given how little I work (40 minutes today, for example).

It's a good feeling when you can actually detach from it all and just watch as a fly on the wall... I'm very grateful for the luck I had in that regard, there was about a month that was pretty touch and go...

Doing fine and waiting for reversal, it may take some more time, but It will happen for sure, Who said we are getting a low reward?
we are getting more steem to sell later ;) when price will boost to at least 2-3 $,
always hope for good <3

I'm really happy since I didn't spend too much on crypto. And the unrealized loss I have right now is basically compensated by the amount of Steem I earned.

But if I would be here for the money then things are really terrible. I would be better off with a job as paperboy earning $10 per hour.

buying hard my man it is a buyers market after all going after BNB token hard as binance burns profits in it and you trading volumes have got to be high right now!

BNB is a great coin!

I'm fine because I don't rely on crypto to live, thank goodness. I don't actually mind the low price of STEEM as long as it doesn't stay low forever or go to zero, because it'll be easier to earn it with less competition. May the masses come on board a bit later when I'm done accumulating.

I think I bought some of Your Steemmonsters and I forgot to say Thank You @acidyo

You're welcome. :D Been selling the majority lately.

Well, just staying around and at the same time, wondering why it's going down deep like the Pacific Ocean. Couldn't do anything but just to be present at all times. 😁

Truth be told I have been relying on only Steem(it) as my source of Income and have been hit hard...!!

I have learned a hard lesson and will now look for other sources of income in case crypto f**ks up, like its done almost this whole year!

I am still optimistic though.

Have you been relying at Steemit as your only income? That is impressing.

Yes I have been ,but now planning on adding other sources!

Can I make an interview with you to my swedish blog about crypto? I write some questions and you answer? you can contact me at discord or chat at my blog (Of course I pay you some for it)

It is okay hehehe.
I this same on discord and all other social media

Doing good. Loving the conversion rate of SBD to Steem right now. Looking forward to a nice pump in price but happy to wait it out.

Thankfully, all the crypto that I own was earned via Steemit. So I'm happy to just sit here and wait it out.

This is one of new techs and it needs some time. Because In our ongoing lives, many people continue to use the current financial system and refuse innovation. Cryptocurrency technology has to be accepted by a larger majority in order to fully integrate into our lives.

Remember the days when you didn't have a credit card or the days when you didn't have internet. But then different technologies such as these have entered our lives, and some of these technologies are destructive technologies. Like the Internet. Our whole life has been reshaped with these technologies.

Now we have concepts like blockhain, DLT and crypto. And these concepts will shape our lives again. But this process can be a bit challenging. Because periods of change are always difficult.

I think it is important for us to focus on how such technologies can have a more positive impact on human life and life in the world. I have also written an article on which I criticized some of our parties. If we want a better life, we need to review some of our actions.

https://steemit.com/life/@cryptoewp/our-materialist-feelings-and-our-future

Stackin'! crypto, silver, gold and plat. Now more than ever.

It's one of those moments when it's easy to remember that there's something about having a not-crypto related activity. Something like a job paid in fiat.

Given the actual political climate and its possible world economy impact that may be the smart consideration for 2019.

Then again, Roger is counting his BCH (volume) gains as I type this. So this blip will probably not last, at least not as bad as current.

Oh crypto, you probably are a Rollercoaster much more nerve wrecking than even the dotcom crash.

Still surviving and still keeping the momentum to produce contents and manage the initiative and project (under @archisteem). It is still saddening and discourage to have that dip and the vibe is lesser around with less authors producing contents. Nonetheless, happy to see the usuals still stick along and I do believe that the spring will come soon.

Well I just try to ignore the value of the posts and concentrate on the Steem, SP and SBD I am earning.
I do see the complete crypto market as my retirement funds so for me personal It has around 20 years to recover.
Strange that while scorum is much more rewarding for me my focus still is on steem!
How are you doing @acidyo?
Cheers,
Peter

Doing good actually. I'm not relying on crptos at all. But thinking about investing some at this low time!

Im looking my way to buy some steems for powering up. 😊😊😊

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Mostly doing my best to try and keep up posting and even more often. I can always rest when things are back up again and everyone returns. Seems like the perfect time to still be around and find those who are around during times like these.

I’ve even been commenting more than I have been past few months. Sometimes you just have to make the time. Otherwise, just involved in a couple of communities. Checking in on people a few days back to see how everyone is doing.

Not really paying much attention to the price of things. Nothing I can do about it so no sense in having it on my mind 24/7. so other then trying sell some Steem Monster cards for way to much Steem that about it for me on that front. I was expecting some kind of dip just not this big.

is time for me buy some steem .I love Steemit soo much and i am sure in future will bee more the 10$ each.

I am playing steemmonsters, do not look at value of crypto and close my eyes and ears if someone tells me about it...

Writing positive outlook Steem posts :)

I'm keep buying until Steem reach 30c

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I actually sold my stuff before the dip but like any other person... #BuyTheDip!!!
Had issues with my PC getting compromised and such. That I will be buying BTC again :) Did a small purchase but Will be doing some more once I am able to withdraw! :)

It's bad for me @acidyo. I have turned all of my forces and efforts from everywhere else to Steem since 1st October, 2018. [Gone Full Time with @Oracle-D] But on a positive note, it's sale time. I might convince a few people to invest in the system ;)

This is the time to HODL strong and keep buying more if anyone can! I hope everyone is doing fine. As an investor, never put all your eggs in one basket and I realize this. Payouts are low but not ZERO.

The price is literally the least interesting thing about this place.

FOMO fear from the people is making all those panic sell and causing dip. But there is one abbreviation BTFD (hoping you know what that means), people like us are positive that the price will be back again, so keep Holding especially until March when SMT's will be there the price of Steem will fly. Me personally I do not have any negative or positive feeling, since I am not focused on that, mainly is about creating good content earning and generating as much steem as possible :)

I'm pondering if it is a good time to return to blogging or if I should wait until the market improves

Pickin’ some up here and there... 🤑

Posted using Partiko iOS

Feels good bro,far less posts so your hard work can get noticed and having fun observing when this downtrend will stop.
Too bad I can't afford to invest some FIAT and power up.
I like Steem at .43
It's like a huge discount.
Peace bro

I stopped powering down. Fully powering up while constantly hodling and hoarding. I am rather excited seeing how the market goes.

Crazy to think that I bought Steem/SBD three times this month given the price moves! I feel great about it so looking forward to the future! Yesterday I also bought other cryptocurrencies as it was an absolute bloodbath and I buy when there is fear out in the market. Although it still may not be the bottom, I feel it is closer than before.

Powering up and up and up and... you get the point! I can’t believe this the end of Steem, BTC etc... So I put my money on the future! And to what I am seeing here, loads of people are!

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Doing fine. Gonna invest more into steem in the begnining of next month ^^

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I'm beaten but not broken. Nor broke. :-P
Let STEEM fall some more. Heck, let it go to 10 cents so I can get a LOT more SP!

Busy sweating for class assignment instead.

Moving funds to get some Black Friday sales crypto!

The dip is actually what brought me back early. It's a bit of a hassle, buying crypto in Israel. But at these prices people gotta make any effort needed to raise their SP.
I think there will be a lot of regret among steemains, once the market rise.

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