Steem Coin has Depressed Me

in #steemit8 years ago

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I am really depressed with current market condition.Steem wall is dropping hard very serious condition Steem is at very poor level ,It can drop more now if Btc wont recover fast ,guys lets hope and pray for good future of Crypto market ,Signs are not seems to be good .

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It is just a reoccurring cycle, with BTC and Steem is nothing wrong, some shitcoins were heavily overvalued and the burst of that bubble is taking down the good crypto's too. The nice thing of Steem Power is that you can just keep using it, have fun and earn more Steem. As long as you don't power down your amount will grow and in the next bull run you will be happy! I been through a cycle like this already, I started at 3,70 and it went down all the way to 0,10. I remained active over this periode till the price went up to 7,30 again. Now it is crashing again, but since nothing is wrong fundamentally it is likely that it will go up to higher highs again, only the question is when. Keep positive and keep Steeming!

Great comment thanks! We that motivation in times like these @michiel.

steem will rise again!

The bigger question is how much activity there is on Steemit? What is the number of posts and comments. This to me shows how vital the Steemit platform is and therefore the future worth of Steem.

P.S. I just bought some more Steem and still have another small order in. When they both fill I will transfer the Steem to Steemit.

It might be a good thing, while crpyto prices are done the platforms can develop

Hi, we all feel the same way I think! Its hard to focus on other things that'​s for sure but probably needed as we can't really do much about it anyway!

Quite the contrary here, we're looking forward to investing. It will bounce back. Hopefully.

This is a dip, a very ugly one at that, but then again a dip is a dip and its rise will follow. In my thoughts, this is the best time to invest, this is nature calling for the next generation billionaires. However, there seems to be an uncertainty concerning the top coins keeping their positions. Some new alt coins are about to takeover but which are they?

Me too! I'm buying more because this is one of the best use case examples I've seen yet! It's not a pie in th​e sky one-day technology's we see so many ico's pushing. It's actually up and running and the community is way nicer here too!

Yes am hopeful and still stand on the fact that this is the best time for investment

right on

Hmm, let us wait it will again afresh!

👍👍👍

Do not despond all get better. Continue to do your business and increase your strength.

If I had money to invest I would be very happy to buy crypto right now.

I think the next bull will be bigger, we all know crypto has its ups and downs in price, but the technology and its value remains there.

We should just be patient and wait for the market to return.

Yeah the fall is killing me too! I pay off my bills with the $ from Steemit but at the current rate I am finding it very difficult to and no receiving upvotes on my posts also like before.