5 Things you can still do when Steem takes a dive by zord189

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· @zord189 · (edited)
$4.39
5 Things you can still do when Steem takes a dive
<center><img class="aligncenter" src="https://media.giphy.com/media/d2lcHJTG5Tscg/giphy.gif" /></center><br/>
<h1><center>I ish sad too</center></h1>
When the whole crypto verse decided to pull the plug on us, every crypto took a deep dive in just a matter of hours and how Steem/BTC value keeps dropping. Waking up to this solemn news is pretty common to avid crypto traders but for the newbies such as you and I, we would probably think it's either a bubble or crypto has finally thrown in the towel. Well, I'm here to assure you that it's completely normal for crypto to behave this way and though I am sad about seeing the lowest of the low(comparing with last year), I can't help but think that there is a leprechaun with a pot of gold on the other side. So let's kidnap that leprechaun, beat the green out of him and raid its house for more gold!

I've came up with <strong>5 things you can do</strong> <strong>on Steemit </strong>to make the <strong>best possible</strong> outcome from this troubled times.

<hr />

<center><img class="aligncenter" src="https://media.giphy.com/media/l3vRlHQuR74a2r9KM/giphy.gif" /></center><br/>
<h1><center>Keep Posting</center></h1>
Truth be told, the active rate of Steemians is pretty much parallel to how strong the Steem rates are. When Steem spiked early last year to 7usd, many Steemians have been actively postings even more than once per day and these are the ones you don't see anymore when Steem has dropped back to its initial rates at 0.80usd. Why do I say keep posting? This is just not a propaganda phrase that many of us old timers say to get you to stay. I mean we can never force someone to be committed to something but there is a benefit when you post more during times of trials.

<strong>You get more STEEMPOWER</strong>. Let me put it in layman's term disregarding all the curation rewards(25%) and SBD so you would understand why you would be getting more Steempower than before even though Steem rates are low.

<em>For example :</em>

<em>If </em>your payout<em> you're getting is <strong>5$</strong>, and if </em>Steem<em> rates are <strong>1 usd</strong>, you will be getting <strong>5 Steem</strong>. (Disregarding curation rewards and SBD)</em>

<em>What happens now is IF Steem rates are <strong>0.50usd,</strong> which is half of previous <strong>1 usd,</strong> you will be getting <strong>10 Steem instead of 5 Steem.</strong></em>

<em>Make sense?</em>

I hope it wasn't too technical, put it in summary, u'll always be getting more Steempower when steem rates are low.

<strong>How does it benefit me?</strong>

Well, I call this reaping the harvest. You collect as much Steempower as possible NOW because it's easy to collect them. Once Steem rates rises, you will multiply whatever Steempower you have to the rates accordingly. Also if Steem rate rises, you get lesser Steempower as well, it is harder to collect Steem. Hence, KEEP POSTING!

<hr />

<center><img class="aligncenter" src="https://media.giphy.com/media/gvrnmr6mzJXBm/giphy.gif" /></center><br/>
<h1><center>Invest Now</center></h1>
Crypto Enthusiasts and traders always call times like these a 'sales'! It's like year end sales where everything is slashed half price and it's the best time to buy. If you believe in Steem, all the more you should invest now because of its rate. For me, I'm an advocate for Steemit and I believe in its future. I believe that Steem would rise in rates once we've gone through SMTs and when @ned envisioned that more initiatives and dapps would latch onto the steem blockchain <strong>fortifying</strong> its economy. With more mass adoption in play, Steem will rise the ranks and have its own stable income.

Right now, we are still in its infancy stage but there are already multiple initiatives and apps such as @esteem by @partiko, @utopian-io, @fundition and many more that will definitely help the Steem ecosystem grow.

So if you have that extra cash to spend and isn't profiting you in anyway, instead of leaving it in the bank, you may want to think about investing into Steem. <em>Note that this isn't a financial advise as it is solely based on my personal opinion and my beliefs of this system.</em>

<hr />

<h1><center><img class="aligncenter" src="https://media.giphy.com/media/88rwuXr15wCcg/giphy.gif" /></center><br/></h1>
<h1><center>Trade/Sell your SBDs for Steem</center></h1>
This is the BEST time to make full use of your SBDs AKA Steem Backed Dollars. When your post reaches the 7 day payout, you will be receiving two currencies. One is Steempower and the other is SBD. Now you must be wondering what you can do with the SBDs you hold. Well, one of the best uses for it is to convert them to Steempower. Why?

Well, SBD is set to be pegged at 1 usd and it is much more stable than steem because it rarely gets exchanged externally as Steem is the main currency. So when Steem rates drop, SBD is likely to follow suit but will not drop as much. Hence, SBD may have a higher rate than Steem (as it is at this present moment).

<strong>Steem (0.58usd)</strong>

<strong>SBD (0.94usd)</strong>

<b>1 SBD = 1.65 Steem</b>

So trading you basically get more Steem for 1 SBD. Remember, if you believe in Steemit and is on this platform for the longrun, I would always advise you to power up and contribute back to the communities. So looking at the rates now, it's REALLY GOOD to convert SBD into Steem for powering up your account.

<hr />

<center><img class="aligncenter" src="https://media.giphy.com/media/lXC2gmHf2ypUs/giphy.gif" /></center><br/>
<h1><center>Good time to realign</center></h1>
I know this may come across as a bit contradictory because I started it off with POST, INVEST and basically kidnap the leprechaun while he's unaware but if you've been directionless and tired of doing Steemit all these while, maybe it's a good time for you to take a step back and recollect your thoughts and plan for new approaches for this platform. When I mean take a step back, I don't mean stop for too long because you and I know that you would probably never come back.

You can use this time to plan your niches or maybe start a new initiative you've always wanted. Think of ways to give back to the platform. Try new challenges like the 777 initiative by @nathanmars if you've never gotten to it yet. Explore and possibly <strong>engage</strong> with Steemians on discord and on Steemit. I do find the discord channel a little less chatty when the steem rates are lower, but this is one of the best time to build genuine relationships among each other. Who knows, it'll make your Steemit journey more worthwhile. At the end of the day, just have fun and stress-less because you and I have already been so stressed out at work, I don't think we want to come home to another pile of stresses by Steemit.

<hr />

<h1><center>Join Contest/Challenges</center></h1>
When Steem is already low, why not take your time and explore new contests and challenges out there where you can possible win Steem or SBD. That would probably help you recuperate your previous earnings by compensating it with the steem and sbd you earn through these.

Also, I find joining contest and challenges very rewarding because you get to engage and meet steemians who are on board the same contest. It is one of the most effective ways of getting new organic followers. Who knows, you might meet a hidden gem or two. I know that some of my friends are constantly joining contests/challenges such as #freewrite by @mariannewest, photography contests and many more.

Just so you know, you are not alone in this sad era of crypto, so why not take this time to have fun with a little healthy competition.

<hr />

<center><img class="aligncenter" src="https://media.giphy.com/media/gGj2sSqjruBiM/giphy.gif" /></center><br/>
<h1><center>It's gonna be OKAY</center></h1>
Lastly, I just wanna tell you that it's going to be alright! In fact, I'm glad I'm even earning 'something' out of 'nothing' when about a year and a half ago, I was already contented when I was earning nothing by posting on Instagram and Facebook. I guess its the perspective we choose to look from and I know that we'll make it out alive soon-ish. <center><h1>Thank You</h1>

If you like what I do, check out my other posts on <b>meetups, animation, and designs</b>.

<h3>Get your Personalized Steemit Profile Signatures</h3>

<center>*DM me on discord : zord189#7776*

<center>https://steemitimages.com/DQmeNE6UQ8iHear9ZoUEN1Zkb4Zx1jJHT4Ge2QRgo9RyjFN/DQmSqueeD2Az1he74iEMgj9jEAFHoQCfwkp99qDWB1q2Vxy_1680x8400.jpg</center>

<center><sub>*Credits to @pinstory & @coloringiship for this lovely photo of me.*</sub></center>

_____________

<center>![PHC-Footer-05.gif](https://cdn.steemitimages.com/DQmZMTckzqpfBShZSELLFNotjm43vJfjg79Ynz4ndB3i86a/PHC-Footer-05.gif)</center>

<center><sub>*Animated Banner Created By @zord189*</sub></center>

_______________

<br /><center><hr/><em>Posted from my blog with <a href='https://wordpress.org/plugins/steempress/'>SteemPress</a> : http://zord189.steemblogs.club/2019/07/14/5-things-you-can-still-do-when-steem-takes-a-dive/ </em><hr/></center>
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@esteemapp ·
Thanks for mentioning eSteem app. Kindly join our [Discord](https://discord.gg/UkUCWG8) or [Telegram](https://t.me/esteemapp) channel for more benefits and offers on [eSteem](https://esteem.app), don't miss our amazing updates.<br>Follow @esteemapp as well!
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@ayushjalan ·
What an amazing post! Most people come in only when the prices are high, but they don't realise that they will also have competition. Your best best to grow and build your rep is when the prices are low because most people have gone inactive and now's your time to broadcast your work.

Your account value sure will drop as the prices drop, but that's temporary. Like you said, you collect more SP when the prices are down. And when they go up again, you'll see how your account value booms!

Great article man! Really liked it :D
👍  
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@zord189 ·
Totally agree man! I do hope that in time, Investors will see value in Steem and this will go mainstream! :)
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@riverflows ·
Totally. I LOVE the drop. Less clutter!

Posted using [Partiko Android](https://partiko.app/referral/riverflows)
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@joeylim ·
I refocus by thinking about how Steemit adds value to my life in a non-monetary sense. Like broadening perspectives and being part of a community i would otherwise not have been in/known ((:
👍  
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@zord189 ·
I do that a lot too other than the monetary aspect of things. I'm glad to be in awesome communities meeting amazing people
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@theluvbug ·
<center>

This post was manually curated by @theluvbug 
and has received an upvote and/or a resteem.

![myluvbug.gif](https://cdn.steemitstageimages.com/DQmb7MN8GHXm8DUT9n3K2D4bDB6wHBKF13UMz1TW8UKdv7o/myluvbug.gif)


In Proud Collaboration with [The Power House Creatives](https://steemit.com/@steemitbloggers)
and their founder @jaynie

![](https://cdn.steemitimages.com/DQmQ7jf6MkzatRDpaXeAUbbXzn1TxVhW5tofjFy2yNig5Fv/image.png)


</center>
👍  
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@tts ·
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[![](https://s18.postimg.org/51o0kpijd/play200x46.png)](http://ec2-52-72-169-104.compute-1.amazonaws.com/zord189__5thingsyoucanstilldowhensteemtakesadive-kghulxgwd2.mp3)
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@wales ·
I agree, but there are some coins that go up if you can find them and take the chance on them
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@nickyhavey ·
Brother Zord, inspired my man! Now the price has dropped so we're getting steem payouts too, keep powering up and feel the power 💪

Posted using [Partiko Android](https://partiko.app/referral/nickyhavey)
👍  
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@zord189 ·
Yea man! Can't wait for the day Steem rises :D
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@nickyhavey ·
I think it will be another 12 months personally before we see all these developments and changes making the effect we're hoping for. There'll be another HF after 21 most likely 😁

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@foxkoit ·
I go post more ... :)
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@zord189 ·
post and hodl more SP!
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@foxkoit ·
YEs ... this what I do last 3 years :)
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@giantbear ·
Crypto is like a bouncy ball....what goes up must come down. We will just have to wait it out.
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@zord189 ·
Waiting waitinggg... :D
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@chekohler ·
Lol I love posting and interacting during these times there's a lot less spam and those who are fickle disappear and don't try to spam the chain for rewards. Less competition for the reward pool does help I'll admit as well as competition for attention. I swear I feel like i'm the only one who loves a good price dip over a rise, lol until im holding major bags I don't see the point in prices going up
👍  
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@zord189 ·
Yea, ever since HF20, a lot of small account spammers/plagiarism have been wiped out. Pros and cons in all these but I'm hoping for the best! Thanks for dropping by :)
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@neuerko ·
Great post.

Yeah, let's keep posting and making sure we add some kind of value to the community.

Greetings from Mexico.

Posted using [Partiko Android](https://partiko.app/referral/neuerko)
👍  
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@zord189 ·
Nice to Mexico.
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@adenijiadeshina ·
$0.35
You have just said it all. This is the time to invest more in steem
👍  
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@zord189 ·
It's getting cheaper especially looking at STEEM/BTC.
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@traciyork ·
All wicked awesomesauce suggestions, @zord189! Speaking of investing, I was actually tempted again to invest a little cash into my favorite crypto, and since my husband (who is a wicked bad influence) told me to go for it, I'm now waiting for a nice little chunk of Steem Power to work its way through the whole Coinbase to Blocktrades maze. Silver lining to the dip - I might be able to afford dolphinhood before the year 2099... 😉 😂 

Appreciate your encouraging words and optimistic outlook! It helps me keep my rose-colored glasses firmly in place! 😊

![rose colored glasses.gif](https://cdn.steemitimages.com/DQmVh4Jcj4R4EdVWTjaddY5pUBkgEkTZaS4HiBvLrFWMTVS/rose%20colored%20glasses.gif)
👍  
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@zord189 ·
hahah 2099?? I think it'll be earlier than that! You're almost there @traciyork
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@traciyork ·
Yeah, you're probably right. I'm really confident I'll be there by 2042 at the latest... 🤣 🤣 🤣
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@krecikdwamiljony ·
Thanks for the `Trade/Sell your SBDs for Steem` tip. I'm not really having great hopes for Steem to be honest and I'm not willing to invest in it, but that's something I can do for sure as it costs me nothing.

(Yeah, I'm not a Steem fan, I'm just curious to see how it evolves, even if only towards its demise. I don't believe I would be able to make reasonable money out of it nor that the curation is better than on reddit or something like that as currently it is dominated by bots and buying votes, while 'normal' people have virtually no say.)
👍  
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@krecikdwamiljony ·
And there we go, now I'm twice as powerful on Steem (although two times almost nothing is still almost nothing ;) )
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@krecikdwamiljony ·
Ohhh, nevermind, it looks like I'm getting delegated SP so that I have exactly 15SP total. Unless I get more than that it does not matter at all as it will always be 15 in the end. Well, still nothing really lost.
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@zord189 ·
I mean Steemit's main goal are the communities as a social platform where content creators can blog and vlog so you gotta do that if you wanna make a reasonable money out of it. I did earn all my ETH and BTC out from my Steem wallet alone. :P hehe, thanks for dropping by.
👍  
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@krecikdwamiljony ·
$0.10
Yep, too bad that as far as I've seen during my ~month here it looks like the will to 'make reasonable money out of it' dominates over blogging and vlogging and various bots are all over the place, their comments often  outnumbering "real" people. That discourages me a lot.
👍  
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@free-reign ·
The crypto has always been a secondary lure for me, so I won't be changing schedules or anything, and I guess I am here for the long haul, if for no other reason than seeing what happens in the future interests me.  Great post!
👍  ,
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@zord189 ·
Yea, that's good, we need more people to be here for the long haul. :D
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@kimzwarch ·
In a way I’m happy and in another way I’m sad 😂😂 damn, that’s so confusing. 

Posted using [Partiko iOS](https://partiko.app/referral/kimzwarch)
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@zord189 ·
hahha yea, I hope it gets to 1 usd :D
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@blaogao ·
Hahaha ka gubaa sa nawung

Posted using [Partiko Android](https://partiko.app/referral/blaogao)
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@zord189 ·
eh? I don't understand
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@jayna ·
This is very informative and uplifting, @zord189!
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@zord189 ·
Thanks!
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@wonderwop ·
Thanks for the reminders @zord189 Steem on! 🚀🚀

Posted using [Partiko Android](https://partiko.app/referral/wonderwop)
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@manoldonchev ·
A thing about any investment that one needs is patience. At 34 I am still learning it. As a trader I suck because I am always rolling to sell lower than the rest and now. Except for Steem, though. I only sold an experiment a amount last year to test the process. The rest I like to Power Up. Still very far from the goals set but looking back...I look much better now.

Thanks for an encouraging summary and normal support! Doing a great job! Steem on!

Posted using [Partiko Android](https://partiko.app/referral/manoldonchev)
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@tonygreene113 ·
I'll keep powering down and turning steem into tangible silver.

Posted using [Partiko Android](https://partiko.app/referral/tonygreene113)
👍  
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@iamjadeline ·
Keep posting and don't give up. I ish sad too but don't really have time to be sad also. Hope you get what I mean. Coz our life outside Steemit is super busy too.. =) this is awesome post
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@abitcoinskeptic ·
For those who can afford it honestly 'investing' is the best idea. The easiest way to get 1000 Steem is to drop $255.00 on it. Then sell half when you have 510 Worth and you are rolling on pure Steem!
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@redheadpei ·
Thanks for the inspiration @zord189. Makes sense to keep on keeping  on. 😊
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@goldendawne ·
Yup!! I do all five!
Aside from the month I took off when my husband had his heart attack and surgery earlier this year, I try to ignore the prices and keep on going!
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@birdsinparadise ·
Awesome post @zord189. You really added a chuckle to a rather sad topic, thanks :)  And, a perfect explanation of a situation many don't understand.  You're right, now is the time to power up!
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@fionasfavourites ·
Thanks for the reminder @zord189.  As you know, I'm here for the long haul...:D
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@dswigle ·
Exactly. I couldn't agree more if I tried. Let's keep on Steeming!

!tip
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@tipu ·
&#127873; Hi @zord189! You have received 0.1 STEEM tip from @dswigle!<br><p><strong>@dswigle wrote lately about: <a href=https://www.steemit.com/@dswigle/today-s-forecast-sunshine-and-happiness rel="noopener"> Today'S Forecast: Sunshine And Happiness</a></strong> Feel free to follow @dswigle if you like it :)</p><p><a href="https://steemit.com/steemit/@tipu/tipu-tips-guide" rel="noopener">Sending tips with @tipU - how to guide :)</a></p>
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@cheese4ead ·
Great advice @zord189

I am definitely tempted to add a little more steem at the current price. It's convincing my other half that it is the way to go that is the problem.

Interesting what you say about recieving double the Steem at half value. I didn't really look at it like that. Another great reason to stay active.

Thanks for sharing your knowledge.

Gaz

Posted using [Partiko Android](https://partiko.app/referral/cheese4ead)
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@ireenchew ·
One thing for me.. no matter if it's high or low..
I just enjoy writing and in some ways it's better that way
Not sure if its commercial like how others are.. but maybe I'm just too new here
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@joanstewart ·
$0.05
I agree people are fickle, when charts go down many leave town. Patience is a virtue, rinse and repeat has never changed on any platform sending information into the www.

People tend to forget very quickly when crypto is low it normally takes awhile then up-turn happens, leave at your own peril.

You have presented a lovely easy to read and understand the basics to carry anyone interested, well done @zord189
👍  ,
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vote details (2)
@fmbs25 ·
I love everything I've just read, steemit has been a blessing to me, as well as helping me financially, because I went from being an administrative manager to being a single mother without work, and found here a refuge where I can do some of the things I like, this is just one of the reasons why I would never leave. I have met wonderful people, and I have learned that in times when the currency is as low as now is when greater opportunities to grow gives us the network.
<br>
So, you have to keep creating good content and growing because there is still steem for a while.
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@blockurator ·
Excellent suggestions, @zord189. I've been watching STEEM and I'm a little concerned because even when all the other cryptos go up, STEEM doesn't. There might be good reasons for that, but I do believe there is life in it yet. I'm not 100% sure of the dapps. I like the idea, but we're getting a lot of front ends and I think we have enough already. Dapps will be good if they establish new business models. If they rehash what's been done, not so much.
👍  
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@tryskele ·
Great post @zord189

I love it when I trade in my SBD for Steem and my 4.00 SBD becomes 12.00 Steem (just using random numbers) Then to power that up, is a great feeling.   Keep on keeping on is a good saying for Steemit.   Anyone who has been around for 6 mos or more knows you just have to keep doing your thing.  You can't worry and revolve your activities around the price of Steem if you intend on building anything on the platform.
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@riverflows ·
I wish there were more contests on Steem! There used to be heaps of fun ones.

@naturalmedicine and @freedomtribe both have contests on if anyone is interested!

Posted using [Partiko Android](https://partiko.app/referral/riverflows)
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@brittandjosie ·
Great blog and I know you watch fellow blockbrother Marc’s posts too and this is exactly what he preaches and I follow , great read.
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@derekrichardson ·
I love your positivity @zord189! Between the dropping price and the upcoming fork it's a pretty scary time in Steem, but like you I still believe in this platform. I'm here to stay. Just gonna keep posting and keep powering up!
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@kaerpediem ·
Well a pat on the back for you
I just powered up after reading this hahahaha
I have been meaning too, but as usual there are so many things I attend to and looky here.... it is already 1 a.m .... for real ;p

So, I am off to bed.... sheesh.... after so long only now pass the 3k mark hahahaha
Well will be become Dolphin... Orca.... Whaleeeeeee ;p
https://www.youtube.com/watch?v=NvQTTA9raJU
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