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RE: WEll, finally now at a loss on Steemit. Invested more than I hope to get out
If you don't believe, just move out :)
If you believe and have money, buy more, if you don't have more money, HODL, simple as it is.
The whole market is suffering from the ETF FUD, so just hold on tight to your Steem.
Just start putting up more content. Tell us how you feel about it. Discuss were you need help/support. Build a community of like-minded individuals and watch you income grow...just takes time, patients young padawan: good things come to those who wait!
People are buying BTC hoping that it will jump up after the SEC approves the ETF. However, today the SEC announced that they will delay the announcement till 30 of Sep. People loose their hope and sell for a loss. That's pretty simple and predictable in this market.
Steem is a long term play, you cannot see it jumps up to $5 - $10 in this year, that's for sure. But in the future, who knows?
I'm taking your advice and going to leave.
I see a bigger return on Staking pools so will diversify.
Yep, that can be a way. Otherwise, you can consider to delegate or to lend your SP.
BTW, would you mind sharing your pool?
I sold out to Smartsteem. I lost faith in Steemit months ago and it's only gotten worse. Like most people that join, they put up good content for weeks, or months on end, and nobody notices. Whales vote for whales, or just pay bots. Berniesanders asked people how their weekend was, and upvotes it to $300!! Are you f**king kidding me. Its an insult and he is doing to prove how shit this system is.
However, most people that come, write great content and realize how BS steemit is, leave before they invest to much money.
Thanks for your comment bud btw
I suppose the intrinsic expectation was not satisfied by the false promises that steemit boasted. I understand your frustration...it has taken me a year to finally start making anything from my instructional videos and blogs, but persistence will win out. Try not to expect too much and then you will not be disappointed.
It's an interesting stuff bro. Let me put that straight: If you want to get money out of your Steem, only 2 ways:
How to invest on Steemit:
If you want to earn money, dont go against the whales, go with them. I learned it a hard way in other financial markets.
Takes 13 weeks if you didn't notice.
ETF FUD? It's true, all of it. This PROVES that the market can be manipulated by whales, buying and selling. I doubt this will ever get an ETF. I wouldn't approve it, not in a million years and i'm not an SEC genius.
Yes I know the 13 weeks period. What I mean is, if you dont believe in Steem or the future of Steem, just withdraw and move out.