not a damn thing...IF... you're an investor and in for the long haul. I believe in cryptocurrency and what it represents and the problems it can solve. I believe in Steemit for those same reasons. A trader worries about the day to day pricing, an investor looks at the long term growth potential of any asset.
I just touched on this in another post, and I'll reiterate it here.
The markets are an enigma. They always have been and always will be. My grandfather told me long ago, that any financial decision backed by emotion, is a foolish one. Yet markets ride the waves of emotion up and down. In short, doing the opposite of what the mob is doing is almost always the best solution. Patience is always the best approach. It can be quite difficult at times, but this is not a sprint, it's a marathon.
A quote from Warren Buffet comes to mind, “If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.” I think most of us are in it for the long haul, so the bi-polar actions of the market today should not sway us, for we know where we'll be in the future. That's what I believe Steemit is, an investment in the future.
I was taught to look at my portfolio twice a year. Once at the end of July and once at the end of January. July is usually the best time to add to your positions and January is the best time to sell any assets you're not in for the long term. I was taught this when I was young and the same advice holds true today. Don't even try to figure it out, you'll drive your self crazy and lose a lot of sleep.
Steem is simply on sale today, to me, that is a very good thing. Have a great day and try to enjoy the fact that if you're reading this, you're one of the first adopters of Steemit. That's enough to put a smile on your face right there! :)
(Disclaimer: This is by no means to be used as financial advice. I am an amateur investor and these views are my opinions only.)
Useful Websites for Steemit Newcomers
https://steemd.com
https://Steemnow.com
https://steemdollar.com
https://steemwhales.com
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