Its no secret the steem price is scraping on the floor, with a lot of heavily invested people questioning how low it can go before it bounces back.
I'm not sure where the bottom is, but I'm certain I'm in no hurry to see a rebound, because when it does, its never coming back down.
When momentum builds and new users arrive and invest, bringing estalished fan bases with them, a lot of us are going to be left behind.
You got on-board before most people, and you know there's a big wave coming.
Congratulations
Now ask yourself, "When it arrives, will I have the momentum to catch it?"
Being out on the water isn't enough. You have to start paddling before the wave is under you.
Its only a first mover advantage if you actually move.
Nobody will care that your account is 5 months old, or that berniesanders commented on four of your posts, or that you joined stellabelle in sticking the boot into Berwick.
When this site starts adding 100,000 users a day, every day; and it will, will you have sufficient followers to upvote your content onto the trending, hot and active pages?
When all those noobs are looking for quality content, will yours be in front of them?
Will you catch the wave and take 1% of them?
1000 new followers sounds pretty great. How about 10%? That's 10000.
Ten thousand followers in a single day. That's triple the current total record, in just one day, and that's not some outlandish exaggeration, it's entirely possible.
Not for me, though.
I have 141 followers. They're the best followers anyone could ask for, but unless my content's incredible, and even if it is, I probably don't have the reach to hit all those new eyeballs.
Yet.
If the price bounces back tomorrow I'll never break into the top 1000 steemers. (Currently 1192 on steemwhales.com).
Sure, my wallet will look pretty healthy, but a rare opportunity to really hit the big time will be lost, and I don't know when or how there will ever be another one.
I hope it doesn't bounce back tomorrow.
I hope it doesn't regain 50c until I've picked up 500 followers.
I hope it doesn't climb back over $1 until I hit 1000.
All industries go through booms and busts, and a savvy businessman will take advantage of both.
When the market is healthy, you focus on growing the pie. When it contracts, you focus on increasing your slice.
When people get disheartened and leave the platform, don't join them or mourn them.
You're losing potential followers, but you're also losing competitors.
Use this time wisely, because it won't come again.
100% SP post
Have a fantastic day