Today was a massive down day in the crypto markets, with Bitcoin dropping 12% as of writing, taking everything down with it. Steem is down from its all time high earlier this year of $8 to a mere 60 cents.
It's a rough time to hodl, but a good time to buidl.
It's less painful if you bought Steem with money you were willing to lose. It's still awful. Nobody likes seeing their investments go down.
It also has nothing to do with the underlying soundness of the Steem blockchain, which continues to foster a community of developers and daily users.
Steem may ultimately fail as a network, but today's price moving down to 60 cents doesn't have anything to do with it.
In the long term, so long as the price of Steem can remain fairly constant, I'll be happy: annual returns of 19% or so are easy enough to get via delegating excess Steem Power. The dapps are fun: I am still enjoying Steem Monsters (and selling an Alpha Gold Foil Zintar!), which is a pleasant surprise, and Partiko has shown solid growth the past few months. There are many projects that aren't waiting for SMTs to be released to begin developing and growing communities. This shows confidence in Steemit Inc to deliver SMTs, and confidence in the Steem community.
Your budget may vary, and whether or not you can pay $300 to buy enough Steem to become a minnow is an intensely personal one, but it is much more attainable than it was when Steem was $8. If you have more time than money, however, use that time to post, post, post!
Your posts can be blog articles, or pictures (Steepshot!), snaps (saw 
Are you looking for ways to post more to the Steem blockchain? If the above aren't for you, ask below and I'll try to point out some projects you might enjoy.
What's your plan with cheap Steem? Let me know in the comments below.
-Jeff
