You heard right. As per Coin Market Cap Steem´s value is $2.29 US at the moment of writing this post. This is it´s lowest price since we started 2018.
You are probably wondering why Steemit.com is unusually quiet, you click F5 to refresh your feed but you can´t seem to find anything new; you are probably seeing top content creators posting less times a a week or maybe those who used to post a whole article are just posting just a picture and 5 lines - these guys usually have autovoters, yeah -; those minnows who started with a lot of energy back in January are posting less and less as the price continues to drop.
This is normal. People are mentally and psichologically defeated due to the general drop in crypto prices these past days. Steem and SBD have taken a big hit and we´ve seen that on every post we published last week...
Our posts payouts are dropping like flies after and it is normal that our morale is on ground level.
Well Bu-Freaking-Hu... stop complaining and cut the whining, this is not the time to be negative and I´ll tell you why:
In this times of price drop...
First of all: Don´t panic, dont sell your Steem.
Other Steemians are posting less times a week. This allows us to keep posting at the same frequency we´ve been doing it. This will increase out visibility both in other people´s feed as in general tags.
Other Steemians are dropping their post quality. This is the time for us to rise our post´s quality. This is our time to shine and to gain more followers, while other people slack.
Every post payout we get will receive more Steem. Back when I started in May 2017, Steem was at $1 and that 50% of post payouts translated directly into Steem, but now the Steem price is higher so we don´t get as much Steem per post. Now is the time to stack steem, keep posting, every time you get a payout, you will get more Steem than when the price was higher.
People´s vote is worth less than one month ago, so everyone - who cares about the platform - is focusing in rewarding only the best content... So rise your post quality.
If you have Fiat - that is, physical money - consider buying Steem. This is our last chance to buy Steem at this price and I highly doubt we will see it this low again.
I am not a crypto analyst and this is not profesional advice, this is coming from someone who trusts Steem and Steemit, I am not a crypto expert but I am Steem believer. I am going to follow this advice as much as I can and you know what? You should too, trust me on this one.
I have to agree with you that now is a great time to put more efforts in while getting more eyes on your posts. I myself comment and engage with others building my steem dream and have been fairly successful but either way keep going and never give up!
agreed...massive action is imminent!^^
I felt like you were reading my mind! Lol
I plan on taking advantage of these prices. If the price drops even from here for a little while, I’m ok with that. My strategy is to invest weekly for 6 months at least $1,000 per week into a mix of coins. My SP target for my portfolio is 55%. I’m actually overweight. Soon I won’t be and I’d love some of these prices! 💰Thanks for the post and encouragement to stick in there! Resteem
I consider myself lucky to have gotten in at this point in the game. The support I've already received from appreciative readers (yourself among them @anomadsoul), the fun I've had in writing my posts and the tangible gains in crypto are what makes this place great.
Hahaha. Saved GIF to my collection!
Couldn't have been posted at a better time, right? lol
Wow . i heard about drop i think its bad for us .
But @anomadsoul you give me best idea . that big steemians not posting a lot in these days so this is our chance to rise up
Make good post and get good response .
Thank you for giving us such a best idea .
I will do my best . no matter stem is down or up . something matters to me is my followers and response of others .
Thaks, Eric, for this clear post. Apparently, everything looks very quiet in Steemit, apparently many expected this, but for those of us who just started and suffer this crisis like the first, this affects us a lot. I suppose that we demonstrate here the faith we have for this platform.
Thank you very much! I've spent 2 days thinking should I sell it or keep it. I got demotivated cause I, as minnow, on 42 reputation got a well paid post for the first time and now it decreased for $35.
Thanks for the advice and have a nice day :)
Don´t despair, a month ago you would have gotten 2 Steem for a $20 post, now for that same $20 post, we are getting almost 5 Steem. This is the time to mine Steem by posting my friend.
Thank you million times. I have a tactic to write my thoughts into the notebook first with a title and sentences how to, and about what to write . I've collected few of titles and ideas I think might be good, but can you tell me how to get a few bucks more on a post.
I gave myself about 2 hours of work for my last post which I find pretty good and quality but got only 50 cents (not a rapper) haha.
I am not very old here but I do know that people stood with STEEM when it was just a few cents. These people had never seen it rise before , still they had faith. Some even invested their life savings. How much more we, who have seen it rise so high. Would we now be discouraged by a dip? Quite unreasonable . I believe that this is the right time for anyone who has fiat to invest it and in 2 years from now, he will be all I big
It is unreasonable yet a lot of people are panic selling or even worse, they don´t want to post anymore because SBD and Steem price are at its lowest this year... mistake! They should post more!
Or they will withdraw a third of life savings in 2 or 4 months. Im not spreading FUD but this is how it happens usually.
My post count is down too unfortunately. Not because of the lower earnings, I actually see this as a chance to gain more serious followers instead of money-chasers and botvotes. But I've got a new job, working 10 hour days, leaving little time to blog! :(
Oh no, but hey, new projects are always thrilling! Well, try to find some time to post at least a few times a week! This is the time, don´t miss the chance or you´ll regret it!
On the other hand, maybe not posting but commenting you are also being active! Comments also get votes and also get you followers :D
Yep, I try to get by as best I can! Commenting is indeed easier and less time consuming I agree. But I'm not here per se to maximize my earnings. It's turned more into a game of some kind, trying to get the biggest 'highscore' on my posts.
Sure it is amazing to get a $5 upvote on a comment I place, but getting upvotes worth $5 combined from dozens of people on a post of mine gives me a much greater sense of satisfaction! I'm getting to the point where I've quite a few actual, serious readers who seem to really enjoy my content. The money and earnings is more of an afterthought in some ways
I think we are on the edge of something big! I have definately seen a drop in posts and participation. I have tried not to miss a beat. For me it is a creative outlet that is different from the everyday world. I am trying to stack that SP and when the value comes back I might be in a better position. Be well!
I know one thing: If I had been around while the steem price was 0.07 cents I would have stacked as much as I could and right now I would have hundreds, maybe thousands more of steem of my own. I highly believe we won´t see prices this low again, its now or never man. Thanks for droppping by! Btw, check out the sndbox homestead quest I posted a few days ago, you might be interested in participating, it is worth the effort believe me :D
Thanks @anomadsoul for the encouragement!
Keep STEEM N ON,
Frank
I think your very right, this is a great chance to get noticed and when persistence will really pay off. And althought the prices are down, you are mostly still getting the same amount or maybe even more steem (but less SBD) like you said it's a great time to add more steem, I just wish I had done extra fiat handy!
Interesting points about more visibility and getting more steem, I hadn't thought of that.
I usually post 5-7 days a week and plan on sticking to that pace. Its what works for me. I really enjoy working on my posts so I'm not going to give that up just because the price is down. When my friend who has been on steemit a long time helped me join she told me how the price used to be and how she just kept doing her thing and building connections, and now she's doing great! That's been my mindset, I've been very lucky but I know I have to keep working for it. And I love it so... no looking back!
Great points you have there. When I started it was like 87c and we were still posting so this small downturn should give us an opportunity to accumulate those Sp!
My posts are dropping too. I was doing two a day, now it is down to 1 every two days or so, and my haiku translation posts (my most popular series) has disappeared for over a week. It's not because of the low price though. When I started Steem was only a buck. I am here long term. But now this time period (Jan-April) is super busy in Japan, and my workload just keeps going up up up. Leaves little time for Steemit, unfortunately. But I am still here, still posting as I can, still hanging on.
Anyway, I agree with everything you said. If I had extra fiat I would be buying up as much Steem as I could afford right now. I suggest other people who do have extra money do that.
I need an inspiration to get on a posting mode. I envy(in a good way) you and others who are constantly creating good content.
Totally agree with you on this. This is perhaps the best time to stack up steem at around USD 2. Personally, have been powering up all my rewards since day 1 and would continue to do so since i strongly believe in the steemit platform. it is disheartening to see your ppst values drop each day but thats part and parcel of life and crypto space. Regards Nainaz.
#thealliance
I totally agree with you my friend. Actually, this is even the time i post more, because i know when the price of steem is down, i can get more from my payouts. I have no plan on selling either. I am glad you could enlighten more people with this. Thank you for the inisght. This will give us all the motivation to forge ahead.
This a a great opportunity for anyone to jump in as I truly agree with you that it may not be seen at this low level again, STEEM is going to the MOON but wants to take as many as are ready with it, it's truly a time to increase post quality and also gain more visibility. Thanks to @anamadsoul for this motivation and truth.
Thank you so much! I knew somehow, not to panic but to see this as a great opportunity to post, engage and get noticed. I really believe in the value of the platform and will continue steeming on ;)
I'm with you man!
Increased visibility for the ones sticking with it will be rewarded the next time things pick up.
Good advices out there. Indeed I noticed that too, a lot of people are less active than they used to, which is very discouraging especially for those of us who used to break the wall and finally won 2-3$ per post and now they barely get 1$ on a lot of quality content..but I still have hope than one day everything will be fine for me too :)
I was at one post per day, forever. Then I said I was taking a break, then I changed my mind because I get bored easy. Suddenly, I find myself posting my usual style about twice per day. Weird. I guess I'm the opposite of the majority. I too noticed it got quiet and that also means a few less votes coming my way... but whatever.
I like the way you think. We're on the same page.
A lot of people have been saying the same: Steem is awfully quiet these past days... I agree on that and it makes me think about those days - which I didn´t experience - when steem was at 0.07 and the platform sort of went to sleep. I´ve been told thats when a lot of people stacked a lot of SP, I wonder if this is our last chance to do the same in this modern times. Good to see more people agree with this train of thought man ^^
When I started, the value was 64 cents. I watched it drop all the way down to 7 cents like you said. I kept going, but I did take a month off last March. I think I had a post ready everyday for 5 months straight so I was quite burned out. I came back, April to July 15th, at least one post a day. By then I had about 14000 SP. I took five months off to work and live, left the money behind, didn't need it. Came back after those five months, been at it ever since, added another 6000 SP to the pile. That's a lot of money, but that's what happens when we work at it. I'm trying to save up to retire young. The value now doesn't bother me much. I'm on a four year plan rather than a day to day plan. There, random life story, just because I can. LOL
I thought I was the only optimist here but I found someone else with me... I'm happy... hehe
Yes, you're right. This is a great time for posting good content and earning a lot of friends... Because the ones here in Steemit now are the ones who believe in it.
thank you @anomadsoul for making me happy.
You are not alone :D
Besides yeah, I do it some part for the money I won´t lie, but I also enjoy it so much being here and building community and frienships here!
The friendships are better than money...
Because friendships will not be affected by rumors and news and will not be affected by the price of Bitcoin...
I think this is one of the best buying points for STEEM this year. Wishes I had some fiat lying around so I can increase my Steem Power because there is a big chance we won't see STEEM this low.
So I agree, if you have some spare fiat, maybe you should look into purchasing some of that sweet STEEM.
all have glory, just as halbya bitcoin has its glory when the price is $ 20,000 USD.
as well as steam
I rate steem will go down to less than $ 1.
yeah we should keep patience price will bounce back
@anomadsoul I am a little bit disappointed that crypto is trending down but on the other hand I am just going to hold on to it and maybe buy some more since it is low. Thanks for the input though.
Thanks for the information my friend,,, :)
Woah !! These are some really useful tips.
I have been thinking about the sane things and was wondering if u should sell sbd or if i should post less etc etc.
Thanks gor clearing all my doubts 🤠 @anomadsoul.
Anyone that is into steemit full time would not panic, we experienced a lower price last year, the price of steem is still at a better state. your points are very true, its left for us to use them.
You are absolutely right.
This is the time to power up steem as much as we can.
You've explained it pretty well
aparte de ver a steemit como un negocio, hay que ponerle amor a la comunidad, en el poco tiempo que tengo ya mi cariño esta sembrado aca, igual a seguir creciendo aportando lo mejor de nosotros... saldremos adelante!! buen post
I trust your advice. I know that STEEM will rise again and this time it will be difficult for the observers to comprehend. Though still young here, I've decided not to give up. I decided that the moment my password arrived.
Soon STEEM and SBD will soar to the moon
It is clearly an investment opportunity that is emerging again and by the same occasion to support the platform.
Thanks for the advice, man. I just recently join steemit and I see some of people who have more time are quitting because of the price drop. So I wasn't sure about how should I continue in the plataform. But you give me some hope, Thanks for that! Is time to up the game.
It's a relief you said that.
It is time to buy... Just i bought 2 weeks ago at 4$ hahahaha
Agreed with your thoughts! I have been scaling into Steem at recent prices and will keep doing so around 2-3 times a months to build a good position. Although I cant post everyday, I am commenting and curating as much as I can while prices are low to keep gathering SBD as well. Thanks for sharing and engaging with the community.
The information you provide helps us a lot.
Thnx for shearing..
i always following you.
Very nice post
When it does bounce back I wonder how high it will go? Seems like a good time to invest. I hope they make an easier way to invest. Maybe a direct fiat to Steem?
Yo también confió en la plataforma y en su valor, gracias por estos geniales consejos.
Los pondré en practica, y los usaré como ejemplo.
Saludos.
I agrre with you his is an oportunity to get more visible in steemit, and i hope the price will go up very soon
Steem is in downtrend all the 2018. And there is no evidence it will end soon.
So, hold your fiat till 1 USD for STEEM or less.
Never thought of it that way before, it's a slap on the face indeed...
Time to collect oneself and focus on this. Thanks a lot!
Makes a lot of sense. Am following you advise on this and hope can produce some good stuffs more often!
Thank you! Doing the opposite of what the mainstream is doing is the way to go!
but i'm very shocked for any steemian that have a good persistence. They're still make a good content and still teach and share about steemit for new member. Keep Steem on my friend and we'll fly higher togheter.!!!
Great advice! While others are being unhappy about lower payouts, you showed a different, positive angle of this situation. Many thanks!:)