STEEM Price Correction | My Encouraging Thoughts For You!

in #steem9 years ago

It seemed like just yesterday that STEEM, the cryptocurrency of the Steemit network, was chasing the $3 level. Now, it's well under two bucks, which has a lot of investors scratching their heads. Some heavily vested STEEM buyers may be tempted to panic out.

Rest assured that tens of thousands of people share your pain. As a published technical analyst, I have absolute confidence that what we are seeing in the STEEM -- and the broader cryptocurrency markets -- is a correction, not a collapse.

For specific details, please refer to my STEEM analysis here: https://steemit.com/steem/@bullishmoney/don-t-panic-steem-is-correcting-not-collapsing-or-a-scientific-analysis-to-ease-your-nerves

This video goes over my analysis not necessarily to add details, but to provide clarification, reassurance, and a human touch to the STEEM volatility.

If you're feeling blue about investing in Steemit, please watch this video and enjoy! :)

STEEM On!

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Hey there @bullishmoney ! Enjoyed video !! Thank you for your encouragement!!

For sure, that's what I'm all about...encouragement! And sometimes, yelling at assholes! :)

Chill Pill Infomercial for the Steemit Masses. Stay Calm and Steem On.

Yeah, you can definitely say that! Thank you! :)

Why would you buy, if you can just get steem for blogging, and sell some to take profit?

heres why...

throws @ragestester a dime

Lol...

Throws a nickel!

:p

People have many reasons for this, but primarily, it's to accelerate their capital earnings potential.

the whole market pulled back.. we'll be ok. STEEM users are growing steady.. Anyone know where/ if we can pull stats on users and posts?

follow me on twitter for more #crypto news, comments, memes, questions, and shittalking... https://twitter.com/bitchimlying

I've asked the same question before...let me know if you find such stats; I'd love to do some in-depth analysis on it! :)

https://steemwhales.com/ I think this site summarizes most of the stats :)

I get a warning about the website not being configured correctly...I'll check it out later after they've solved their issues, but thank you! :)

Sorry, the site is well and up. There was a typo (:) in it. https://steemwhales.com/

Oh sweeeetnesss! This is a data goldmine! I'm unfortunately busy at the moment but I will have to refer back to this later...thank you so much! :)

@me-tarzan is a great one to follow for daily updates on Steemit growth.

That, and @stephenkendal has been a great leader in this area!

Still better than all other social media websites :)

That is weirdly awesome! :)

I'm thinking only positive and not speaking to the negative. So no worries my fellow Steemian, all is calm and quiet on "the western front". Thanks for your considerate words.

I'm the king of consideration, unlike some folks...

Honestly, I want it to go lower so I can buy it, but I realize that is a contrary opinion to people who have a lot. Cheers

Yup, that's true...I posted this video primarily for those that are new to cryptocurrencies and are not necessarily used to seeing 30% selloffs in one day. Just wanted to send a reassuring message! :)

Thanks for informative video

Absolutely...thanks for watching! :)

Bang on @bullishmoney. I hate the term "crash". My portfolio lost approximately 25% during this correction, and I spent this week's budget too early! I'm still willing to bet I end up winning in the long term, (if not within a month the way the crypto-economy moves.)

I also agree with your assesment of STEEM. We are continuously seeing new highs being set in the number of blog posts and other Steemit.com acceptance indicators.

Cheers,

Fish

A great source of inspiration and information. And I can strongly recommend following this dedicated Steemian.

Hey! Thanks so much for your kind words again...it's always great to hear from you! I totally spaced out and forgot to do this but I'm following you now, so I'm also looking forward to your materials as well :)

And yes, I also hate the term crash if it actually isn't a crash...I'll use the phrase on STEEM or any asset, but only if it's a legitimate assessment. If not, then such characterizations are lacking intellectual honesty, in my humble opinion.

It takes me half an hour to come up with something that sounds 1/10 as intelligent as that response. Happy for you to be a silent mentor, I know you've got plenty following. But know that I now consider you one. Thanks for getting back to me. It means a lot. I'm trying to follow that lead and reply to all my followers as well. Thank you again

Oh yeah, don't even mention it! More than anything, my ability to communicate effectively comes from an enormous amount of practice. It may seem like I just did this yesterday, but in fact, it's been years of both educational and professional experience.

I would just encourage you and your followers to keep working and fighting for your goals...it's this consistency more than any other factor that is the catalyst for our successes! :)

I'm going to lean on my "confirmation bias" and agree with you on this one 😉

That works too, haha! :)