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RE: 13 tips for those in Steem for the Long Haul.

in #steemit6 years ago

Of course the red fish and the minnows are doing great...they didn't have anything to lose so they are still in the pond. lol.

My advice would be:

Hold because you don't have enough in your account for some fish food anyway. lol.

Jokes aside it's actually nice seeing people commenting on low earning post for once. What I've found is that since the trending page isn't seeing a ton of post making hundred or thousands of dollars that in the end, when it really comes down to it people would rather read a ten fifteen dollar quality post then some ten fifteen dollar junk post on trending...that should mean a lot to all those quality post writers who were vying for attention but weren't getting it.

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Well the more redfish and minnows we keep the better. The price going low might mean better distribution. We need new stake holders and investors. Many of the ones we have seem to be playing for short term.

I don't see any big investments coming in until the market starts stabilizing, you really can't blame big stake holders for pulling out, that's a lot of money to lose that there's a slight chance they won't get back depending on what crypto's do. Now I understand why a lot of them have more than one account, if the price dips they can pull out some of their money but have another account that keeps them going during the rough times.