I made a decision to buy in a little tonight, well more of a move by transferring a few Euros just in case I make the decision or I can catch the Dip. Is this the Dip yet? I think my portfolio is about -60% down and it has happened pretty fast. But, I think back to this time last year when I was blissfully unaware of what Bitcoin was doing and had no idea what an alt-coin was. It seems so long ago.
I am obviously in no way an expert at this nor would even class myself in the proficient category yet, in comparison to the majority of the people in this world, I am well ahead of the average curve. We all are probably. The market is so immature at this point that in the long-term and with a little diversification, it may be near impossible to lose. Well, that of course depends on what you diversify into and what you use to do it. Using quick loans or buying narrow come with a lot of risks.
As said, I did not transfer much but I wanted to transfer something as it makes me consider this differently. For me, there is a difference between earning on the Steemit platform and putting real-life earned fiat into this as it somehow connects it more to the material world. I think this is because I haven't actually used anything that I have earned here and it is kind of like using parent's money compared to one's own. The time will come to use it but, I am not ready yet and it isn't just the current prices.
For me, it is still too 'up in the air' how things will pan out and I want to see the impact SMTs have on Steem and also how things like the Steemit accounts holdings will be decentralised. They will likely have big impacts on the price of Steem and I am hoping that whatever happens, it will benefit those who have shown faith in Steem and have worked to help the platform in various ways. Although in no way among the most influential, I do count myself as someone at least trying to help conditions here.
Faith for me doesn't mean a few throw away words nor anything religious, it means that I am willing to commit some part of myself to the actions of something outside of myself. It is very personal. This is why I will most likely buy a little Steem with the little I am converting. It won't even be much, more of a token gesture than anything but it proves to me that I am willing to trust and to lose, to pay a material cost and invest myself into it.
As they say, never gamble what you can't afford to lose and even though things are tight, I have made some provisions over the last month to make sure there was a little extra at the end. If it goes well, I might make it a more regular thing and cut back a bit further on some immediate unnecessaries to put a little into future possibilities.
Doing this reminds me this is real.
Taraz
[ a Steemit original ]
