Why Sub $1 Steem is the BOMB for Content Creators Right Now

in #steemit6 years ago (edited)


Hi Friends,

I'm sure we are all used to hearing people make comments like, "Uuughhhh the price of Steem sucks!"... but I bet you've also heard the people saying that the price you see now isn't the true price and it will be worth so much more in the future.

What do those people even mean? In this video, I break down the math on why posting right now is a seriously awesome opportunity to accumulate more Steem.

I've had family in town and have been busy packing things up for my move that I haven't had as much time to post this week and i'm crying inside a little because right now is such a great time to post!

I hope you guys found this video helpful - but please let me know if you have any questions!


Here is a YouTube link for anyone who needs it.

XO, Lea

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Ps... I will be on the road to Toronto soon! If you are at all thinking about attending - just do it!! It is so worth it. Besides - both me and my sister @maryjaney are going - so maybe you'll have a surprise appearance in a Steem Sister Show episode.


More of my Steemy Adventures



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Greetings, beautiful, charming and intelligent Coruscate

Very cool your proposal for accumulation of steem. I think alike, too. Next year I'll start using Steem to get a part of my salary because, here in Brazil, the condition of life is not easy. But this year I just think of accumulating steem power. In these times of low steem we must continue posting and accumulating steem for when the price of it rises, we have a considerable amount of steem accumulated. Now it's worth around $0.9. I think that in January next year, when the SMT is released, the price of it can increase considerably and we will have a good quotation on our steems.

Thank you for posting and good night!!!!

You've got it exactly right! Awesome to hear that you are planning to use Steem as part of your income next year. It's pretty cool to see how this place is opening doors for people to make positive changes in their lives. <3

I hope you have a good night too!

That's very well said. @coruscate

I have not put any fiat into @Steemit, though I have been encouraged & benefitted from the kind generosity of @GoldMatters @Papa-Pepper, @Mallorcaman & @StellaBelle
I'm more buy & hold:
  • Not sold any.
  • Continuously powering up.

Sounds like you've got an awesome plan @nigelmarkdias! I'm glad you enjoyed this video!

I noticed this a few days ago. Recently my best post payout was like 9 steem (4.5SP+4.5steem). I got this payout yesterday and found that my post made like a total of 10.58 dollars.

If the price of steem was four dollars like back in May, my post would have been worth around fifty dollars. As you would have noticed, my posting frequency has increased in the last few days :-)

Oooh awesome that you are taking advantage of this too! It's kinda funny how many people post less because the post payout is lower. They are missing out on a great opportunity right now!

We all know those people with a ton of steem and think, "They were lucky.... they got it when it was dirt cheap". Well... now's the time to start stockpiling our own stashes! :)

I haven't ever been able to buy steem. This kinds of pushes me to try to earn more and power it up. I think it took me January to June to earn my first 130 steem, then next thirty days to earn my way to a total of 230 and 20 more days to reach 330SP. The falling prices have definitely helped me in increasing my speed of accumulating steem.

Next year we all would be shaking are heads at this:

"They were lucky.... they got it when it was dirt cheap"

:-)

Ooh I hope you are right! One day people will be saying that about us. 😊

Timely post @coruscate! This is great encouragement for people that arent used to volatility:) I love stuff like this because it can soothe the nerves of those that are unaccustomed to massive market swings. Great work!

Thanks my friend!! Sometimes we all just need a little perspective shift! Looking at it this way can make a huge difference in someones motivation to post when the price is low.

Another thing I didn't talk about in this video, but is related, is how posting when the price is low can help your blog get more visibilty. So many people post less when the price drops - that buy doubling down instead - more people will notice you.

This totally happened for me in February of this year. When the price "tanked" after the massive January we had - I really buckled down and saw a lot of benefit from that.

Beautiful. Such sound advice, I think its so helpful to have a calm, cool voice of reason right now :)

are you really sure, that Steem / Steem Power is really pegged to the US$? I thought only SBD is the anchor.


bye the way you automatically dont get Steem dollar, when Steem/ Steem Dollar is under 1$.

are you really sure, that Steem / Steem Power is really pegged to the US$?

When did she say that?

Hey Felix! Yeah they are giving Steem as the liquid earning instead of SBD - which I'm stoked about. I'd way rather earn Steem. In the long run it will be a much more valuable asset. Imho

Also, I'm not saying that Steem/steem power is pegged to the USD. Sorry for there was any confusion in the video. Basically, when the price of steem is low - you are earning more overall steem than when the price is high. This is awesome for a long term strategy.

i will keep my steem too. I want to be an "Orca" just like you! :D

haha maybe one day we will all get there! I just looked it up and it seems that I am a "Dolphin" haha

you are right - both beatiful animals though! Steem on!

steemit whales.png

yeah!! I love dolphins... hehe. Looks like I got a long way to go!

I was curious if the price change was giving me more steem. Sucks they stop giving steem dollars but I’m loving the extra sp and steem I get lol

Posted using Partiko iOS

I'm actually stoked to be earning more steem. It would be great to be getting SBD and flipping it right now - but in the long run, I think Steem will be the more valuable coin. :)

I'm glad you enjoyed this video!

right now I am doing everything power up. For right now it is great. I love your explanation

Awesome! I’m so glad you enjoyed this video! 😃

The numbers appear fine and not reversed as you feared... 😄 You are tempting me to acquire more STEEM in these sub $1 prices. 🙄

Hahah right?! I seriously wish I had more fiat to spare right now!

If we ever get down below .50 I mihjt have to try and figure something out! Haha

Drop to $0.50? I see your point, but I would like the bull run to start already and for STEEM to stop messing around. 😅 It's Fall season, let's kick off!! Happy Thursday to you. 😎

Nice Lea! Yes never underestimate the power of Steem. I am so tight fisted with all my crypto, I haven't converted anything back to Fiat. With that said I so wish I had more Fiat to spare, so I could buy more Steem! LOL and increase my VP. I love manually up-voting content, and wish I my upvote was worth more then a cent or two. As it is my VP is always way low because I upvote so much. LOL it would sooo be nice to be a whale! Lol. haha

Ooh I feel the EXACT same way!! I havnt cashed out any crypto yet and wish I had more fiat to spare right now!

Yeah I would love to grow my SP to increase my vote value too. It was be suuuch a good feeling to be able to pass or votes that can make a difference in someones financial situation. 😃

hehehe yeah, that would be so cool to have an upvote worth like 50 bucks. That would really help out lots of people. Hopefully if for some reason I ever get lucky enough to have an upvote that hi, I will still manually upvote people's content, and comment, etc. Maybe someday.....LOL hehehe, one can always dream right?

Let’s start STACKIN that steem! 😋

Posted using Partiko iOS

YAAAAAS!! hahha

I really don't think this is right, you are working on a ten dollar reward, but for me to get the 10 dollars I made when Steem was at $2.00 I have to get double the value in votes, because votes at one dollar are worth half as much as when it is worth $2.00. So I might be wrong but frankly I don't see how I get more Steem when the price is down, except if I get more votes.

Yes you still need more votes. Her point is that if a whale comes along and gives you a $5.00 upvote, when Steem was $2.00 you only made 2.5 STEEM, now with Steem $0.85 you'll make almost 6 Steem for that same $5.00 upvote. @ironshield

No, that is my point, the whales upvote is a reflection of Steem's price, if it was $5.00 at 2 Steem per dollar it will only be worth $2.5 at 1 Steem per dollar, so you get the same amount of Steem. At $0.85 that vote is only worth $2.12.

I also think that we get the same amount, because when the price is higher, the upvote is higher, I even think that if the price is high we earn much more steem because all the upvotes get higher.

I'm very new to this community and this is an incredible video for me to ease into this awesome community. Thanks so much for making this. Probably the easiest sub I've ever given. Keep it up and don't let the downers get you pooped out! ;)

Hi! And how do you think is it good time to lease or delegate SP?

Posted using Partiko Android

Good video and Yes... we get more when the the price is low.
And what do you think... when the new take-off takes place?
And Hi from Estonia :))

Great video.

great video and i can follow u.@aryaan

Yo ! I found this super super helpful ! At first I was debating whether it was worth posting when Steem was low, but logically it makes so much sense ! AHHHH ! Im gonna get creating ! Thanks a tonne !

Exactly, this price only sucks for people who need STEEM to pay their bills at current prices. The majority of us is here for the long term and STEEM at $20 will happen (not far away in my opinion). So the lower the price the better for content creators, because, as you explained very well, we will be making a lot more STEEM.

When Steem is low, it's inspiration to post much more to build up Steem investment (SP) and increase influence on this platform. Even if posts and upvote don't look very impressive now, I'm watching the STEEM numbers climb much faster than before. Keeping my eye on the STEEM goals rather than cash value helps inspire me to interact and post more frequently.

Also Steemians who stick through this dip are more active and willing to upvote posts and comments. It's a great opportunity to get to know the future influencers here.

Thanks for the video and encouragement!

@ironshield

Thanks for giving us encouragement, yes, I guess right now what we should do is publish more than ever and try to accumulate everything.

I’m glad you found this video helpful @martinmcfly!

Hot and sexy

I feel the same, great video!