You've Got to Stay During the Bad Times

in #steemit7 years ago

I joined Steemit only a week before it started doing payouts, in late June of 2016.

And since that time I have consistently been on the platform since then. I have not taken any breaks from it, even while on vacation.

This has been important because it allows me to detect patterns and identify mistakes that I have encountered across the platform's lifespan. I'd like to talk about one such mistake today that is made by thousands of Steemit accounts.

This is the problem of the fairweather Steemian.

Commitment Issues

Steemit has had its share of bumps in the road.

At times, it seemed close to collapsing. But this did not dissuade me from participating in the platform. If Steemit was going to collapse, then I wanted to be there when it happened, so I would be able to know exactly what went wrong.

To my pleasant surprise, Steemit has charged through its darkest times, coming out the other end as a better platform. But, unsurprisingly, a lot of other people jumped ship, only to reboard after the seas calmed.

Now, they were completely within their rights to do this. I would never force anyone to participate in this platform, and a lot of them, I'm certain, had good reasons for disappearing from Steemit for a while. Some people are constrained by time, or family emergencies, or other circumstances.

But a few of them have the gall to complain, after their inconstancy, that they aren't making any money on the platform.

A Story with a Lesson

Steemit is an investment.

And like most investments, the way to maximize your profit is to take advantage of the hard times, because those are the times where putting in even a little effort can have huge dividends later on.

In order to achieve any kind of success on Steemit, you need to be here during the lean times. It's much easier to build your Steem Power when the price of steem is 7 cents than when it is 8 dollars.

And then, when the boom times come, you will be in a position to start reaping what you sowed during the Steemit winter.

Cryptocurrency is Turning a Corner

I know we've all been enjoying the recent bottoming of the market. And hey, the stock market decided to join the party this week, too. It's nice to know we're all in the same party boat.

But we're already seeing signs that the lean times are coming to a close. And I personally believe that cryptocurrency is about to turn a corner---perhaps the biggest one of its existence. It will be a great opportunity for some of us.

But it will also be a lost opportunity for many others. Lean times are a gold ring that doesn't stick around unless you seize it. If you want to make bank on Steemit, then don't fall into the trap of being a fairweather Steemian.

Sort:  
There are 3 pages
Pages

@talanhorne,
All new joiners should read this post! Shall I called it as experience? Yeah I think that's the word and you are making your progress now!

Cheers~

Ever since I joined steemit and started steemiting, I have not taken a leave in steemit and I have lot of expectation from this platform and unless I contribute wholeheartedly I should expect those success.

Really wonderful post sir @talanhorne.
I think you are right, it is best time for invest.
Really This is great platform for earning.
Thanks for sharing
DQmaAFY3cYRvDZmJzXzZjPShphSdEyuxt8E8TCqj3HDgsRK.gif

Hello @talanhorne,

Extraordinary good article & the morality of the story is do whatever with our best, then we all can write a success story as you did today. Incredible post & well explained how you feel about Steemit & Crypto.

~@mywhale

Very interesting post.I think right now it is necessary to swim with the flow. That is, continue to do what as before - write posts and comments. No panic. Steemit will still fly to the moon :)

Yeah, it was rough there for awhile. I honestly thought this thing would shut down. At times I remember it being like a ghost town. There were a lot of people here at the beginning that I miss now.

Sincerely, you have just said it all. The magnificent life changing opportunities that Steemit provides are glaring for all to see. As for me I'm all for Steem and Steemit. I know it's a bit difficult at the stage I'm now but I'm confident soon it's gonna be all green. Thanks for sharing your experience. Upvoted and resteemed

This is great platform for earning
And it is very helpful ..great post sir

a good post my friend .. I like the same post you friend

Its amazing that you just joined this platform in 2016 and you did this great you are simply amazing. You didn't even take breaks on vacations you are very consistent. resteemed your post

wow you have created your account at that time. now same is happening with the crypto world.
it is going toward the dark . BTC and all the alternative coins are falling but we have to be patient and wait till it rises again

İt is wonderful. I follow you long sorrow. you are a good person.DQmdFrxBBT1R2CaAWR3AhX4mrv68Jdr6bUVCnMv9QPGr1tZ.gif

unbelievable you are one of the early founder of this wonderful platform & you never give up. that's the success story & proud about you. @talanhorne

@resteemia

Cryptocurrency is a great opportunity for common people but some just can't use this opportunity in a wise manner

Yes you are right . Now it is best time to invest in crypto. Thanks for sharing this post.
I wish I have join this platform in 2016.

I have a year here and my learned lesson was when i bought 5000 steem in early 2017 at $0.08 each one and after that i sold 4800 steem at $0.5 and now look the price jajaja, so you have to have patience in this world to have good profits. Regards

@talanhorne... at first I want to give you thank you so much for sharing this post. Its a very helpful to me and all steemit friends. Really its a great post. I know lots of information from your post. Thanks again ...

I completely agree with you, now is not a simple time for the Steemit, but at the moment when the markets are in a fever, many of us undergo a real test of strength and your post makes it clear how to act in such situations. You're right, difficult times will pass and those who correctly dispose of their assets will eventually succeed! Thank you @talanhorne

Great advice.

Nice post, thanks ,

Yes @atim1234 it is very good post.
please resteem this post so that more people read this post

Yeah indeed, a lot of people run away when they see the price going down or something wrong with steemit. Prices always jump around and I believe that STEEM Blockchain will survive anything. We just have to commit to staying here!

Great writing experience. its really blog
@talanhorne
Upvote Resteem

Congratulations @talanhorne
Now you are in the MinnowsPower Loyalty Member List...!!!

Exceptional article & very motivation...!!!

25% Upvoted by @MinnowsPower

Some people says rumors this is the end of crypto & STEEM also. For me this is not a bad time. Like you said, if we do correct & if we stay during bad times, we all can have a good time at the end. Valuable article.

wow you stood with this platform from a long time seems like consistency is the key here :)

Good advice. Not just on Steemit, but in life. Oh, how we can all count our fair-weathered friends... Thanks for the post. I plan to stick it out on Steemit. I've blogged for nearly a decade on wordpress and didn't make a penny. I'm happy with whatever here... it still is a much better platform. Blessings.

I believe this year to be the start of the change, where utility will be prioritized before anything else. It will most likely be a bumpy road, especially when Bitcoin starts to diminish, but I am excited to arrive at the final destination! :)

@talanhorne wow sir wonderful post thank you weary enjoy place!
##Upvote/Resteem###

@talanhorne - Sir I joined this wonderful platform with 6 of my friends... All of them stopped by I decided to continue... I didn't make a good progress, but I already made a small progress so far Sir... Atleast my English knowledge is getting better now... Valuable article Sir... A lot of inspiration is there too...

+W+

Good writing you just shared.Writing is very hard.
For your post propagation.
Upvote/Resteem

I have been here a little over a year, and I agree that there seem to be more than a few "Fairweather Friends" here.

The problem-- perhaps-- is that some of the early marketing of Steemit presented the community as "easy money" and those who came here in hopes of that found a different reality.

Since the underlying premise of Steemit, cryptocurrency and blockchain technology remains sound, there seems to be NO reason to leave now... I'm just sad I had to power down some to meet unexpected expenses.

Yeap, got to take the good and the bad. I knew Steem would pull through over time but there were def some very dark times around this time last year. I remember when Dan announced he was leaving for EOS and the Steem coin dropped to .07 cents. I was like WTH? I did not sell nor buy more b/c I was already invested to the max what I could afford to lose. Looking back it was the moment to load Steem. The worse thing to do is panic sell in those situations. #HODL and Steem on!

Excellent post.

I made the mistake of "getting demotivated" after seeing the difference of value between my introduction post back in March 2017, and only jumped back in around June/July.

I've been more or less consistent since then, with a little break when University started up again.

But now I'm back for the long-run, especially since I've finally found something I find interesting to post about (My new-found passion for 3D printable designing <3 ) and have joined a few projects around here.

I aim to follow your excellent example from now on and stay around, even if one day the ship looks to be sinking.

Actually, especially if the ship looks like it's about to sink.

I've always wanted to try turning a ship into a U-boat ;)

When SBD was 0.9 USD, I was happy and when it was 10 usd I was extremely happy and when it is 4 usd now, I am happy too and my commitment here will continue to be the same, what it has been in last 6 months.

Thank you @talanhorne for writing such an excellent article.....steem on and stay blissful...

Wow! Great and amazing post sir.
You have created your account at the starting of this platform.
Yeah, this is the great time to invest cryptocurrency.

Thank you so much @talanhorne sir for sharing this post. 🤗

Upvoted + resteemed your post.

I may just going on your path.. hope i achieve what you did

I joined Steemit only a week before it started doing payouts, in late June of 2016.

Were the only rewards prior to to it producer rewards, making it an exclusive plutocracy of witnesses initially appointed by dan?

Or in simpler words, were there no author and curation rewards then?

This comment has received a 38.70 % upvote from @steemdiffuser thanks to: @stimialiti. Steem on my friend!

Above average bids may get additional upvotes from our trail members!

Get Upvotes, Join Our Trail, or Delegate Some SP

This is an eye opening article for those who just join and disappear and I absolutely agree with you on commitment part...I had seen steem when it was 0.8 usd and I has only 100 SP, yet I used to sepnd at least 4 hrs daily during those hard time and that is the reason why I can gauge the happiness in a more appropriate way now.

Those who dont know what pain is..can not enjoy what happiness is....

Thank you and Have a great day.

And I personally believe that cryptocurrency is about to turn a corner---perhaps the biggest one of its existence.

Agreed. You ain’t seen nuthin’ yet.

For what it’s worth, I think that 2018 will be the year that crypto goes mainstream and the masses learn that it’s about much more than Bitcoin.

The Steem blockchain has massive potential. First mover status in the social media space and a smoking fast blockchain that has not even broken a sweat while breaking records for for the blockchain with the most transactions in a day.

Steem Power is a steal right now.

i am trying to invest on concurrency but i don't have enough information about crypto world .

good advice .i hope crypto prices again going up .I have to be patience and wait for good time of
cryptocurrency

Yes indeed, mostly people run away when they seeing the price are going down something wrong in crypto world

interesting & informative post my friend & i agree with your points my friend upvoted & resteemed done my friend

Sometimes its hard to diversify and commit at the same time, i do know sticking with steem will pay of in the long term either way tho.

Really amazing and boosting post, yes sometimes to succeed we have to taste bitterness, because easy is for short term and hard fought things are for long term so, we have to show patience towards Steemit Platform because in my opinion Steemit is an slow mover but it take you towards your goal. Thanks for sharing this post with us.

Stay Blessed.

Posts that attract everyone, and become the subject of conversation

steemit will bring a positive impact to its users, and hopefully steemit will go forward

Its astonishing that you simply joined this stage in 2016 and you did this extraordinary you are just stunning. You didn't take breaks on get-aways you are extremely predictable. resteemed your post

Better believe it to be sure, many individuals flee when they see the cost going down or a major issue with steemit. Costs dependably hop around and I trust that STEEM Blockchain will survive anything. We simply need to focus on remaining here

There are 3 pages
Pages