Vlog 357: Without a plan I would go nuts in these markets
I'm glad I have a plan otherwise I would go a bit nuts in these markets.
Every-time you think you are out of the woods BTC drops again dragging everything with it.
I'm ok with it because I have set my goal.
150k SP is what I'm looking to reach and the lower it goes the easier this gets.
STEEM price is nearing the $1 mark and is very close to SBD.
I'm happy I acquired a whole bunch of SBD about 2 months ago.
Even though they dropped some, the other crypto I bought it with have dropped way more.
I'm now using those SBD's to buy STEEM.
I talk about it more in my vlog.
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My video is at DLive
You remain confident by having a plan for investing.
I do the same by watching the development and understanding what is taking place here. This is what gives me the confidence in the STEEM blockchain and what is going on. The market action does not reflect the bull run STEEM is on since the beginning of the year. While the price crashed, development took off.
Each week we are getting new applications. I think I average 3 or 4 posts a week introducing new applications (and SMTs) now. It use to be one announced every two-three weeks.
People who get down on STEEM because of the price moves are missing the bigger picture. There is a ton of activity taking place.
I love to see you laughing at the markets @exyle. It makes me smile. That and the couple of upvotes you gave me this morning. Thank you sooooo much!
You'll be pleased to hear I have finally started buying a little bit of Steem most days. All my SBD is powered up now but I finally understood the reason you bought all that SBD some time ago. Maybe I should think about buying some too. But that's a whole 'nother ball game as I don't even know where I would do that. I will have to look into it.
Anyway, I'm slowly creeping towards my 5000 steem power goal and 60 reputation. 😁
I was planning on a couple of hours at the beach again today but our weather seems to be mirroring yours so it's a good opportunity to catch up on some other stuff.
Have a fun day!
Nice post
Never worry, weather will calm in a moment.
Can you please link the interview that you mentioned? Thanks!
https://steemit.com/steem/@steemitblog/steemit-interviews-steemmonsters
Thank you, @exyle!
Buy when there is a blood on the streets, although we might go even lower:).
Buying is not a problem, the problem is the funds that will be use to buy :)
...or I would sell. I’m glad to have a plan as well. The most important thing is that I can afford to leave alone whatever I invested in crypto for very long time. I do believe only the taughest will remain in this market. Many will panic and many will sell to cover their everyday expenses and bills. Most people will be literally forced to sell. Whoever survives, will eventually get very wealthy.
Advantage will be to those who hodls and survive.
BTC is very friendly because it goes up and down but the level of uncertainty really is so "mental" and it shakes up everything. @exyle We just have to set our goals and stick with it.
Way to go! I am trying to embrace this crash as well. I jumped the gone on converting my SBD yesterday but it was still a good deal. I would love to stock up on steem right now but I'm afraid I'm cash poor at the moment. I really feel like I am missing out. I'm just trying to stay consistent with my posting and hopefully will earn a little more from my posts. Every little bit helps for sure.
Definitely will cashout despite the dives. Tables are empty.
I bought some STEEM over the months as well, and looking forward to setting my targets too I'm glad you have 150k sp target despite cryptocurrency these days taking a deep nosedive
You will reach your goal of 150k Steem Power more easily. ;)
Every time I buy a dip, the coin price dips further down and I just take a break from crypto. Remember guys, only invest money that you can afford to lose and most crypto prices are just pure speculation. If you really believe in a project like EOS, GOLEM and STEEM than keep hodling