Have you guys noticed the smiles on crypto lovers faces-including steemians whenever there is a positive /bullish upward trend of their coins/tokens –see coinmarket cap - On the other hand, most people fud whenever there is bad news leading to decline of price. This is indeed human nature especially the weak people among us- who cannot control their emotions or greed and thus move with the wind of Fud or FOMO. However where is the crypto good news coming from and will it last?
More acceptances: More people are hearing of bitcoin and steem and gradually joining the vibe. Moreover, Steem is growing daily because of its superior technology which is also home to many innovative apps -including steemit gradual growth plus the upcoming HFORK 20 and SMT (great days ahead).
Keep up the optimism: Do you know that things can suddenly go south and price tank due to one FUD/bad news from crypto haters? (Banks, Central Governments, tech companies , gold traders) which is possible to come anytime because these groups do not want the collective success of their citizens and most of these big institutional investors always manipulate price in order to buy cheap . Therefore the best thing to do is to remove emotions, think long term and even join to buy the dip (if you have spare cash).
Patience plus Hedging your risk: Patience is the key in crypto space and steemit because this space is not a get rich quick scheme scam , PONZI or HYIP schemes. Moreover , hedging your risks through diversification (related and unrelated industries ) is key to success , especially if you target undervalued new tokens (see whitelist section of www.elyte.tech) plus steem power –remember that steem is still highly undervalued and thus a great investment for the future. I wish you all a blessed week .
Do you agree? send in your comments, resteem and upvote in order to send in your support.
Click here and read my former post:Steem and Cryptos are bouncing back: Dance of Joy?
An Advert for a top new crypto https://elyte.tech
Join Elyte whitelist via this link https://elyte.tech/whitelist.html
Join Elyte bounty via this link and win free cryptos https://docs.google.com/forms/d/e/1FAIpQLSeOcKUUoTU6IKr1qX5osYaWMdVL8-nB5RmroYtYBir6YYof9A/viewform
Join elyte.tech telegram group https://t.me/joinchat/E6tXj0dThqzzjVlWJRuxLw for info on their bounty and thus join the next best thing
The future is indeed bright for steem ecosystem , elyte.tech and other great cryptocurrencies because of their superior technologies. I also agree with the concept of diversification especially in related and unrelated industries in order to hedge against risks...thanks for a good post..100% upped.
Always on point, my dear young lady...thanks for your comment and keep steeming to more success
Mass adoption is coming faster than ever. The coins that are not backed by a real use case are going to slowly die off (dogecoin ;) ). It's only up from here!
Thanks @charles1 Yes I do believe it is important to hedge a little bit as well. Even though it is not a Ponzi scheme, as adoption will be broader I believe the growth will slowly diminish, after of course having first seen a massive run up top. In my opinion, if something is as widely adopted as current fiat the growth potential is nearly gone. If almost everybody in the world uses bitcoin or alt coins the demand will logically have to drop in comparison to current demands from new adopters joining the market.
Thanks for your insights! Upvoted!
Very good point, I agree. Thanks for your comment
Patience is the key.. Love this line.
100%agreed.
Welcome and more success to you
Thank You. You are most welcome at my blog.
Steem is still undervalued cryptocurrency, once people realize the potential of Steem and all its STMs people will invest even more in Steem. I am 100% sure it will grow multiple time in long term.
Thanks @charles1 for sharing this insight.
so true !!!! I love this platform and the future look very bright for us as users :)
Welcome and thanks for your comment and positive mind...more success to you
Bitcoin not only comes to radically transform the currency. It will also do the same with corporations, macroeconomics, nation-states and the Internet. I rely more on a mathematical algorithm than on a bank. Bitcoin actually has the right balance and incentives, and that's why it's starting to Over time, banks will embrace Bitcoin, just as telecoms companies have found a way to make money on the Internet. Bitcoin is global, decentralized and unstoppable. It would be entertaining to see a government trying to stop it.
Very good point my crypto lady...I like the way you analysed it....thanks for your comment and more success to you.
Aside from the crypto, Steemit itself is a fun blogging platform. Making blog great again.
But yes, totally aggree, if you have spare money, it's okay to buy some steems or SP. The key is: Don't be greedy and keep it fun!
Very good point, I agree with you
A wave of silence Always be gained by consistent people to create a change,
thanks @charles1 a wave of change occurs Steem, now we can see the competition is extraordinary like the sea waves that hit the coast but that's just as we feel at this time, Like a big whale that was in the middle of the sea that will wade through the entire ocean delivering a victory to our users steemit.
I am very proud to be your follower @charles1
it is true smile seen from steeminial friends who are still consistent to create content-content that is useful for people around the world,
Global Market Competition which previously made steam unstable by the storm winds that are currently storms have passed, we realize that it is very important for us in mastering the Cryptoccureny market.which currently continues to open wings with tremendous power,
According to the concept of fast imagination, there will be a power that can not be separated by all investors are currently looking at a force in the steem,
will you stay with us?
The answer is only on your own personality
we will win a global market competition and steem The gigantic power that can overthrow whatever holds it.
We win together
See you on the top !!!
Bravo @charles1
Very good point and we will surely win together. Thanks for your comment
Thank's My lovely family
@charles1
see you on the top !!
sir @charles1 hopefully this year sbd will touch 18$
very informative post keep it up good work for us stay blessed
It is possible , success to you.
Agree about steem, and all its development and apps emerging. Just wrote about TRX and EOS. exciting times!
Exiting times indeed..good point
i am very glad to knowing that the rate of sbd is increasing day by day.thanks for such a informative post.thanks for sharing.
Good news isnt it. Fingers crossed for more
Every business has risk. So, we have to be patience if we want to go high.
Good point, I agree
Thank you
welcome
I think it's only a matter of time. With steem it's a waiting game. Steem is a superior product even among other cryptos so theres no denying the fact that the future appears and hopefully is very bright. Let's keep the optimism on. Thanks for sharing
I agree with you...paience is the key...thanks for your comment
With the recent uptrend in price and new users on Steem, who isn’t smiling? This is still the best platform to make new friends and learn so many new things daily. The rewards are just the cherry on top!
I agree with your viewpoint..steem is the best and better days are yet to come
Hi charles1,
I believe Steem is really undervalued. Waiting for it to go way up slowly. Meantime, I will blog everyday.
Point, keep steeming to more success
Yes sir, we keep on blogging and waiting for the later payout.
You couldn’t of said it any better, Patience will always win 💯
Good point my friend...you are correct and more success buddy.
Steemit is the power side many people work in the steemit side i do , great job great information keep it up .
Your post is always different i follow your blog everytime , your post is so helpful . I always inspire of your post on my steem work . Thank you for sharing @charles1
Follow my blog @powerupme
I agree with your point, steem is a good one indeed...thanks for your comment
You know what many do not speak about or maybe not even think about is Steem's 7 day buffer. Inmost cryptos (let's say all others), drops are sudden and can be violent. This is like pulling the rug right out from under you... in times like these just go to your wallet and see the price of your Steem is still stable (at least it gets you through the day with half a smile)!
very good point buddy, I agree with you. Steem is stable and we all will smile big time in the near future. More success to you
I see a great future for Steem and cryptocurrencies in general, but it definitely wouldn't be easy getting there. Great post
I agree with you hence the need for patience and hardwork
Yeah...
You got a 12.49% upvote from @postpromoter courtesy of @charles1!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
Steem is the power to cross bit coin 💵💵💵💵
Can you elaborate?
excelente post
Why? what is good about the post?
nice post, success is always for you friend
nowdays, especially in Aceh, steemit has got positive responses from people. Moreover it has become include in training materials for educational worker (ToT). maybe next will come in to curriculum item for students of colleges. thanks for sharing.