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RE: Bitcoin Drops Below $7,000 |

in #bitcoin7 years ago

Thanks for sharing @bycompoundfilms.

That's an interesting way to view the market, Personally I view it as a combination of news, volume trading and sentiment. Generally, I try to mix the three in a few different ways before I decide whether to buy or not. I bought LTC at $45 and BTC around $2,200, so I'm not too phased by these drops, and I can see why you want certain coins to drop so that you can start stacking them!

I'm focusing on Steemit for the moment, and have completely left my portfolio to one side, as I am confident in my choices and think that I will do quite well if I hold out through the volatility.

I am currently running a project which I am calling the Steemit Success Initiative, which aims to grow Steemit, and grow the amount of daily active users, by doing the following:

  1. We run advertising campaigns for Steemit that are done professionally, to bring in more users.

  2. We provide a guide for all Steemit beginners on How To succeed on Steemit (putting this together by talking to many successful Steemians about how they became successful).

  3. Provide a manual curation service for 5-10 undervalued posts per day

  4. Provide a bank of free graphics for all members of our incubator, and once a month give 1-2 Steemians access to a graphic designer for free. I already have a Graphic designer on board for this.

I am currently looking for support on the porject in terms of advice, SP delegations, and any other way that people feel they can help. I would really appreciate your support on the project, your feedback would be greatly appreciated.