Vlog 249: Red markets, producing content and investment strategy.

in #life7 years ago


Today I woke up to more red markets.

STEEM and SBD are around $1.65 and BTC around $7500.

I'm still very happy with the decision I made to sell crypto into Fiat on the big uptrend that we had.

It has provided me with a buffer against these swings.

Crypto is now slowly reaching my baseline I have set to buy back in.

But it's not there yet.

It's a patient game.

When it comes to my STEEM investment nothing has changed much really since it came down from $8. (besides the payouts maybe)

I never had the intention to sell my STEEMPOWER at $8 and I feel no different at these prices.

I believe STEEM is one of the best projects in the space.

I talk about it more in my vlog.



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The market is making a reversal like any other.
We are in March, decision has to be made and it is early.
Keep on steemin'

Bitcoin is just playing hide and seek with us. I bought it very high and now waiting very patiently to go up.
Yes, steem would be one of those investments which we all will like and happy about. I will say, we all should at least wait for SMT's to lauch because that is going to be a bang moment for steemit.

Selling Steem now would be the worst decision ever.

Once the bear market shifts and SMT's are released, Steem will 10x where it's at (just my opinion, of course).

Couldn’t agree more . Good point .

"Today I woke up to more red markets."

This x 60 days is my life in a nutshell!

Well we all know what goes down will come back up, most things anyway. SBD and STEEM should soon enough and until then we just chill and wait and keep working hard at getting our posts out for everyone to enjoy.

I totally agree with you on this @thegoliath. I hope steem and sbd will be part of those things that go down and come back up... The community is fun, I can't stop steeming

I hopes it goes back up before those of us surviving on steem and sbd burn out our reserves.

I wouldnt be so sure with that. Remember, somthins ends that other thing could start

I have no plans of powering down because I'm seeing steem as a long term investment. Just taking advantage of this plunge or just not converting your SBD to fiat is the best option these days. ^^

True. What about converting your SBD to Steem Power?
Is this a good option too?

As for me, 1 SBD to Steem is around 0.975. I'll wait when it's more then 1 something Steem.

I see. Yes, I remember the good days: 1 SBD = 2.5 Steem.

I think at some point it was even 1 SBD = 10 STEEM. But that didn't last long.

1SBD, 19th of December 2017: $15.34!
Just Wow!
😎

I agree completely! I'm hoping it will drop a lot more so I can buy more Steem.

I agree.
Steem @ 1 dollar would be nice. For a couple of weeks and then back to $8!

are you sure ?

No I am not sure. This is crypto. ;)
All I am saying is that it would be nice.

I agree that it is a patience game. When it comes to investing you should buy low and sell high. But the problem is that people get scared. Control your fear and greed.

@exyle I am going to listen to your DTube now. I have been so busy with other things the last couple of days that I need to catch Up to your last 3 postings..............I am feeling real good with the possible opportunity that STEEM may be giving us here at these price levels................

your investment strategy always good.always sharing good thought of your post.i am alot of learning of your post everyday.i am agree with your good opinion.you know whats the good and whats ths bed.its really patient game for every steemians.i hope that,very soon bitcoin prize can leave top high level.so, I was wondering if those could be more red ,. but red is red and sure times will be better, times will be green and especially STEEM. In my opinion is this the coin to focus on.thanks to sharing for your good post.good job sir @exyle

When it comes to my STEEM investment nothing has changed much really since it came down from $8. (besides the payouts maybe)

So true @exyle. but sometimes I get worried if the price of steem will continue going down. All things being equal, it's still good

Exactly man no one wanted to barter to their hard earned reputation and Sp with that much ease !!

I wasn't here at the beginning and I've lost a bunch since I started buying in.

And I'm FINE with it :)

Because you like said, in the long term this is just a dip in the road. I applaud you for seeing this opportunity years before us minnows lol Great vision for the future :)

I'm loving these prices though. In fact I had to dip in my pocket today and buy some more!!

I've just started buying on average so it's a little scary watching the price go down each day. although I get that it's the long term average that counts.
The only way to get used to it is to be in the game so I have to take a deep breath and keep playing!
have a fun day @exyle. i hope when you get back to your house your mouse problem has been resolved. 😊

Excellent video friend and i agree with your thoughts steem has so much potential and i think we might see 1$ steem again in this downtrend but once this trend finish then 10$ to 50$ steem is well insight, so i think this is the time when we all have to get our fiat ready so that we able to buy crypto at nice prices, thanks for sharing your nice thoughts regarding steem with us and wish you all the best in all of your future endeavors! Stay blessed

I agree with you about posting at your normal rate regardless of the STEEM price now.

I am on the same page with you that I will invest some of my fiat currency into STEEM if the price stays the same or goes lower in the coming weeks. Upvoted!

Problems are relative. Snakes and Rats are worse than mice etc. The prices will jump when the market has dropped to an unknown bottom. Thanks for your strategy.

It's okay, markets were always like that.
It was really smart of you to move some funds into fiat. I did the same a couple of months ago. It will work out somehow for all of us.

I think next up move is something 14$ steem ...
the first year was 4.20$ .... At the end of the second year was 8.20....
And this year is steem... I think it is 14$.. or 15$ something the highest rise.

I would like to understand a little more about this world, I may be confused when I always read experts about a rise for this month and what follows is a drop that doesn't stop, but seeing the calm in the experts (or at least that's what they reflect) makes me feel calm.
Excuse my English, I use a translator.

Good morning, for me it is still fun to see and read so many posts. The alts are indeed so red, I was wondering if those could be more red ,. but red is red and sure times will be better, times will be green and especially STEEM. In my opinion is this the coin to focus on, and it will be listed soon high in the top 10 !

I believe in steem and in the blockchain, so I will stay and put energy and time in. I trust it will pay out for sure. It could be little at this moment, but it is just a start from something very Big!

The 8 dollar days will be back, and then i will have such a fat vote i grew with the cheap steem i got now.

I think steemit will become widely adopted, hodl you steem!

yeah I believe Steemit is the next big thing in the market and people earned good money from this platform.

three months it has been almost and the market just keep dipping no way of getting out from here hahah

I’ve always been more of a long term investor. I’m just using these opportunities to load up steem. Warren Buffet always said to buy when most are fearfully and be fearful when most buy.

This is the time to actually be patient. Though I do not have bitcoin yet but will keep the little steem I have and buy some more in due time, things will surely get better.

I just wrote a post encouraging myself and others to hold their steem and sbd, you can check it out in my blog. Thank you for the post.

Yes, I feel this is the right time to buy steem, that's for those that have the resources... For those that don't have, it's better to hold...
Will check your post for more info @simspread

Good post. I recommend that you look at me

Good post! Thank you for the content!

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Be patient. It's the best advive for these times.

Steem l still see the best crypto anyone could be involved.l keep sharing with my business parties who are more into investing..thanks for this @exyle

I never doubted steem from day one, and I strongly believe it's as you said, the best crypto.

Wow kerja Bagus kawan good information ,

Terus lah berkarya , itu namanya rezeki kawan ,

Salam

steem is really the best project still many don't know about it the steem power is the real power of crypto

wow
very good post dears...

i'm really scared about all cryptos :( I hope it will grow up :) but i wish you to reach your goal

I'm impressed

great to see the market in dip good time to buy if you know how to invest wisely like you but sbd now falling down and i don't think it will be up like last time

It's always advisable to maintain a sustainable amount of Fiat for times like this. Those of us without any other source of cash flow have been hit real hard.

You are right. Time of matter.

I too invested $1500 but i am in huge loss. Now i left only $400 but i don't want to sell even a single coin and i know that it will worth more than $4500.

It just matter of patience, Right time to buy and Right time to sell.

I will buy more and more when it go down and down.

very nice vlog i like it :D

this one of a kind, absolutely lovely..

The prices have fallen and I feel this is a good time for those that hadn't yet invested.

Completely agree with you. Those who have been in crypto for a while are already used this roller coaster so all we gotta do is hang tight and enjoy the ride. and of course #hodl https://steemit.com/cryptocurrency/@anialexander/hodl

The current position of btc is very bad. It's making no sense how much down it actually may go

In this downtrend the only thing to do is to hustle...and not read a too much news spreading FUD :)

Nice post, thanks for sharing

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