The news about the price drop of Steem and SBD is ranging all over the place. As day goes by, cash out is dropping and people are getting more discourage in the stystem. You wake up every morning to see you posts drop in expected cash out and when you cash out you change your SBD at a lesser rate than expected. Even the so called lovers of the blockchain are getting inactive. But this is not the end of rise of steem , duo SBD has been predicted to drop but steem has a brighter future.
This is not just a steem or SBD problem, as most cryptos are swimming in red, behind every jump is a fall. Sometimes a fall is needed to gather momentum for a rise, bitcoin once dropped from 5000 to less than 3000 in September 2017, in few week we saw bitcoin touch 20000. Sometime this low price pave way for more investors to come into the system.
To measure success, we must check where we are coming from and where we are currently, steem is it lowest today but not as low as it was in 2017, we once had steem less than a dollar and SBD a little bit above one dollar. The steem blockchain is in a momentum gathering phase ready to blow up. No one knows when this will occur but we are certain it will eventually this year.
The early adapters of steemit will eventually reap big time from steem, rather than count the losses due to low price, we should spend time building the blockchain. Soon SMT and other features will be lunched on the steem blockchain, the masses will soon folk in as well as investors. Steem will be a treasure and those who has it will leap for joy. How far we can see, determines how much we can invest, rather than counting losses, take advantage of the system by investing in steem and also getting more investors.