WHY YOU SHOULD STILL BE BULLISH ON STEEM (Despite The Bearish Market)
Hello Steemians,
Of recent, almost everything on the crypto market charts has been red with arrows pointing towards the earth. Whatever happened to our moon? Many are finding it harder to see the stars from this valley.
The aim of this post is to help you see far again. Perhaps we need to help you clean your corrective lens. The secret is not in the charts but in the mind. What do you see when you close your eyes? Reality or possibility?
Just take a look at this image. It looks like a frigging blood moon out here. Our own dear steem is even pulled by the strong negative magnetic forces towards the south. But we know why we HODL. We know why we should even purchase more right now even at $2.20.
THE RISE OF FUD!
As we all already know, ALTs tend to follow BTC alot in terms of price changes/direction of market. Its a disheartening effect but its the reality as of now. Perhaps BTC is the most popular in the mainstream hence anything that affects its growth also hampers the others.
Fear, Uncertainty & Despair is one of the major tools used by mainstream media to target crypto investors. Seriously, why do people still read the frigging news. So you mean if they mention that Obama is selling his crypto, we all have to sell too? I thought we were in this for freedom!
There has been some major FUD being pumped in for you all to sell you gold. Weak hands are actually selling off. Take a look at the first 10 cryptos from coinmarketcap.com. The graphs on the right all point down.
I heard there were some 3 articles released at the same time into major media outlets. Example is this claiming that a Tokyo Whale just cashed out $400 Million USD. Like wth? Who cares whether the anonymous psycho decided to do whatever he decided to do? Humans are just way too predictable for my liking.
If you are interested in the FUD, you may read full article here
STEEM/ SBD PRICES
Just take a look at the chart below. Hey don't cry. Its Worldcoinindex.com's indices! From a major hike of over $10 earlier this year, we have seen a steady decline with few spikes. From the ending of January till mid February was damn bloody. Those are the kind of charts that make weak hands sell off all their frigging cryptos.
It only peaked again during the Chinese new year period. Who knew that was a thing? Well crypto has its own rhythm, language, unique ordeal and people. SO its expected that it doesn't follow the general trend in other markets. Infact, when others (mainstream market) are bleeding, we will be smiling.
SOME MORE HISTORY
I had to go back and look at the steem charts right from the very beginning in April, 2016. A wholistic approach to crypto-trading and investing is the way-forward. Always look beyond the now and as much as possible, always go back to refer to past events.
In cryptoverse, we don't predict the future. We already know the future. The only thing we try to do is to pick up signals that will enable us sustain for the now while we wait for that future. Let's see what the charts had to say.
Our charts show that we are on the low edge where we started off from around December last year. Infact STeem is on the support border right now. After hitting a support, what do you do next? You moon!
WE KNOW WHAT WE ARE WAITING FOR!
There are 3 major things I believe will revive these sleeping markets;
- Easter Eggs
- Positive News
For steem, in addition to the above;
- Communities Release
- SMTs
With the way the @Steemitblog has been churning out steady weekly news of their development efforts, I suspect that these are very near. I could have said, we HODL till the end but being steemians, I would rather we ;
Powerup!
Our markets need to rise again and give many crypto-enthusiasts some major FOMO. FOMO will make them put in their money again while we that HODLed from the beginning cash out for Lambo! while still keeping some major stakes.
We ARe Bullish! Bullies Can't FUD us!
Even if you forget every other thing, there's one more reason why you should really still be bullish! **We are still No. 1 on blocktivity.info since like forever.
We are the gateway of the entire universe into crypto. We are capable of holding all the transactions and swallowing it as if nothing happened. ANd yeah! We are among the 900 top sites on ALexa right now. So quick a growth. Close your eyes for a minute and forget what the charts say.
I see lambo. What about you?
Impossible Is Definitely Nothing!
I Remain me, my mouth & eye @nairadaddy aka SteemDaddy. My aim is to leave you better than I find you everyday!
Proudly A...
Join @Air-Clinic- The Steemit Health Community On Discord Chat
I've noticed its like steemians havent really noticed or care, people just keep blogging like nothing is happening 😂. Its funny and awesome
Lolx @ange.nkuru,
people are wiser right now.
Though there are still pockets of few who this message must get to.
Keep steeming!
This was really motivating a hope giver.... I had to closely read through.
I love this.
I pray steem is revived and rises again
Yeah. It will definitely rise again. Just keep steeming!
Hmmm...
Thanks for this sir...
The prayer is for all the reds to turn green... 😂😂😂😂.
Yeah! They will be green soon.
Keep praying! Lolx
Steemdaddy, you really left me better than your post met me on the crypto market situation. I hope for better days soon.
Hey @dubem-eu,
these are the rainy days. The storm will soon clear and the sun will shine bright again!
Keep steeming!
Im motivated the more... We need to cling on to what we do best.. Like you said, only the weak mind sell theirs.
This shift of forturn, test the reliablity of Whales.
Yeah! It does test us all not just whales.
Never give up!
@nairadaddy ooooh my cryptodaddy thanks for this post. We will be hopeful as you have rightly said
Lolx @thelovejunkie.
Be hopeful oh my dear. It always turns out right!
@nairadaddy never lacking in steemit wisdom sha... more grace to you sir. You have rightly said it all, we should not use our physical eyes to judge what is going on now but through the eyes of our brain. We know what we want and so therefore we are gonna get it. This is just a phase like any other, it will pass. How we prepare for it now will greatly affect how we survive it. HODL HODL HODL
Very Good @dee-y, happy to see that you get the gist perfectly.
HODL is the right word!
Steem will get to it's peak again....it's experiencing and aspect of the theory of the rise and fall of great nations....steem is a great nation and it will be heard.
Definitely @aideedavies.
Steem is a great nation indeed.
Keep steeming!
This has given me some relieve. I made 4 articles in the last 22hours but failed to even earn 0.02 per post. I never thought of giving up because am here not just for the reward, but for th impact too! .
I wish things changes back to normall soon
Don't worry. We are already on the low low, it can only go up from here.
I will visit your blog with my tiny upvotes.
Just keep steeming alright!
I love you sir! You just put my heart entirely at rest!
Chai! I love you too my dear!
Glad I could take away the depression from your heart and give you hope.
The sun is gonna be bright soon.
Just never stop steeming!