The price of STEEM has been dropping since the huge spike in the markets in May & June and recently we saw a drop below $1.
I have been on this wild ride since the Steem blockchain was introduced in 2016. And like all tradable assets the price fluctuates and there are times to buy and times to sell.
I have high hopes for Steemit and I think the value brought to the world via this blockchain is immense, almost unimaginable.
Some of the smartest people I have ever met are pro Steemit. I think this bodes well for the platform and its future.
STEEM On Sale
I have seen $4 STEEM, 10 cent STEEM, and everything inbetween. I would easily call the current price a sale.
From coinmarketcap.com:
From cryptocompare.com:
* I like cryptocompare for their portfolio tracking tool and for easy access to candlestick charts.
Bitcoin On Sale
From coinmarketcap.com:
I expect a good bit of volatility around BTC heading into and right after the Bitcoin Improvement Proposal 148. The user activated soft fork (UASF) will occur on August 1st of this year.
Learn About Trading/ Investing & Hone Your Skills
My father has been trading the markets since before I was born. When I became interested in trading he gave me these two books, which I use frequently to stay on my game and remind myself of what strategies are important. I have included PDF links for free downloads/ reading and also the physical books on Amazon.
Charting Made Easy By John J. Murphy
Secrets of Successful Traders - Experts Reveal Winning Stock Strategies By MetaStock
Posting On Steemit
If you don't have funds to spend on crypto investments, blogging on Steemit while the price is low is a great buy in strategy. You will get more STEEM for your content.
My most profitable post was placed on the blockchain in Feb of this year. I only earned about $86 on the post but I got paid with STEEM close to 14 cents, equating to over 600 STEEM for the post.
See what I mean?
I will be upping the frequency of my posts due to the price drop. You might want to as well.
* I designed the Steemit shirt myself and sell them on bitcoinshirtz.com also via @bitcoinshirtz - Steem & BTC accepted.
Hi there, I’m Will. First and foremost I am an entrepreneur and voluntaryist. I aspire to help build a more free world, one that we all want to live in.
Some of my biggest passions include cryptocurrencies, marketing, finance, cannabis, traveling, bodybuilding, snowboarding, motorcycles, and Subarus.
All pictures are my own, taken with a GS7 Edge or GoPro Hero 4. I release everything under CC0 unless otherwise stated.
My website: williamjohnsonlong.com