"Loosing 600K" in just a couple months is a big blow. I am sure people have lost their shit over much less.
For anyone who does not know I have been investing in Steem for almost 2 years now. It is my number one investment for my growing empire.
Any smart investor is going to tell you to diversify. I can't argue with that and while I have done some of that I have a vast majority of all investments in Steem.
So as you can imagine there is a high potential for stress when the price of Steem keeps dropping and dropping.
Yet the title of this post is how do I cope with "loosing" $500,000+ in just the matter of months....
HAHAHHAA in truth I don't really think about it much. In truth writing this makes it more real than I have really even thought it to be..... I don't think about it because one it doesn't help but also because the reason I invested in the first place is because I believe in the future potential of Steem.
I am a long term holder, I really don't care that much about what the price is now, I am looking at what the price will be in a year or two. I see the very high likely hood of $teem being $10 or higher within a year. So then instead of writing about how I have lost $500,000 in the last couple months I will be writing about how I have made 1 Million in the last couple years!
So that really sums it up right there. Because I am a long term holdder and I believe in the future of $teem its really not that big a deal. Honestly I do think sometimes "what if $teeem never goes back up" and that is kinda scary but logically it doesn't make sense.
Remember that the STEEM blockchain is the most used blockchain in the world and it is also the most efficient. It can scale, it has zero transaction fees and is a blockchain of which you can build endless useful apps on!
SMT's are not even out yet and Steemit.com is still growing every day not to mention Dtube/Dlive and the many other apps of which are growing every day!
So as a big investor I can say with confidence, don't fret, its ok and the future looks profitable! I anything now is the time to BUY MORE STEEM!!!!!!!!
I am now doing 50/50 payout posts simply because the payout is more valuable that way atm, but I will be converting it all to $teem to continue my perfect record of cashing out ZERO $teem nor ever powering down, thus powering up!
I appreciate your support and am grateful to be here in the SteemVortex. I welcome any feedback you have and if you feel I am valuable to this community please share an upvote!
∞§∞SteemOn∞§∞
