When STEEM prices tank, a lot of Steemians will get demotivated to write or produce other kinds of content on the Steem blockchain because the payouts they are getting are reducing daily and they feel like they aren't getting enough $ for their efforts. THAT IS THE BIGGEST MISTAKE YOU COULD DO! I want to let you know why that is, why it's actually more beneficial to create content when STEEM prices are low, and why you should be happy to see them fall.
So if you are one of many who start slacking and produce less content as soon as the payouts decrease. I'm here to tell you that you cutting yourself short from a lot of future monetary gains you could have got. Your mindset is not alowing you to see the big picture here.
LOW STEEM prices = higher STEEM payouts
Even though we are getting more STEEM, it's worth less so why does it matter then? Let's say STEEM is worth 1$ now. For a 10$ post you will get around 4 SP + some liquid STEEM. If STEEM was 5$, you would get only 1.7 SP + a tiny amount of liquid STEEM for the same post. In both cases you are getting the same amount of dollars in STEEM/SP but in the first case you are going to get more of them in the end. Why? Well, we all know how much STEEM is undervalued at the moment and how much could it be worth in a couple of years.
That 1 Steem you earned today might be worth 100$ in a couple of years
If you are a long term thinker and have a vision for what this platform could accomplish and how valuable it's currency will be in a year or two, you will not have a problem understanding and accepting this thought. Even though you are making a couple dollars per post today, if you will still be on this blockchain in a few years and HODL the STEEM you earn, that 3$ you earned today might turn into 300$.
A very nice return on your investment of time/intelligence needed to create that piece of content. Isn't it?
Do you see where I'm going with this?
It really doesn't matter how much the STEEM you earn today is worth because it only represents its current value. If you are serious about this platform you probably won't sell any of it any time soon. No matter how "little" you earn now, produce as much quality content as you can, because that few dollars will multiply if you have the HODL ability mastered :)
TO CONCLUDE
- low STEEM prices result in more STEEM/SP payouts
- STEEM will be worth much more in the future
- appreciate low STEEM prices as a chance to earn more STEEM
- create awesome content and HODL your earnings
- be patient and you will be rewarded
- never get demotivated
GG
3 years from now
You have 20k SP and STEEM price just broke the 150$ mark. CONGRATULATIONS! You have 3 million dollars now. All of the hard work and persistence has paid off and you can go to Thailand and never come back. But NEVER stop STEEMING!
Now start creating!
Write posts, create videos, livestream, take pictures, or whatever floats your boat. Just create content for the STEEM blockchain! Don't miss out on this amazing opportunity to liberate yourself financially through something as fun and rewarding as this.
