I've heard about steemit a long time ago before it was even a hit, but didn't invest as I wanted to get more information about it. After I've got my information and seen that it could be something that people would use as one very good platform, much better than Facebook, twitter and reddit combined.
Losing my $1000
This was lost due to the momentum that Steem had it dropped considerably, reaching a high peak of 0.0066 BTC PER STEEM! When that happened the momentum just dropped. I have bought mine at 400k and 500k but Still when it dropped lower I was still true believer! Thinking that a social media platform like steemit could succeed bigger than Facebook and Twitter just because of people posting on them each day and making tons of money.
Here is a photo of my investments and when I actually sold which was the real drop for me I just couldn't afford to lose more than I've already lost. Therefore a sell order was placed. As I'm still looking at the chart the price continues to fall at a very fast rate and it will soon reach 100k Sats for one Steem. I might buy again at that price.
I have invested over 3.5 BTC into Steemit at 400k-500k and only came out with around 1.23 btc !
My loyalty towards Steemit/Steem its broken!
I've been posting here nearly every day just to get my ass noticed but I'm seeing people like earning hundreds of dollars on posts that are common each day in our community and that wouldn't even make it onto a news website. However, still some people still appreciate his work which I really can't understand why as he has a lot of down-votes he is still posting content and getting tons of views and likes from whales.
This has rose a few questions into my head and other people's head. How can someone who has not even posted an introduce-yourself post earn over $1000 on each of his posts ? This must be something fishy in the middle , he is probably another whale account just printing more and more money day by day with his new posts or we are just mediocre writers and artists who don't get what the true picture of steemit is .
Posting a few pictures about places in Pakistan is earning over $1000 ? And someone who has done something artistic made by him/her its barely getting noticed ? He must be in a whale's group who just up-vote each other to print more money. I've made an introduce-myself a long time ago and thats where most of my Steem Power has came from but since then no post has even earned over $100 It's simply not right!
I Will continue!!!
Even though this post might not be seen by a any of dolphins or whales who will upvote. I will still continue to create a few posts each week until the end of September, I'f im seeing this price of Steemit drop even more and people not liking my content I will stop as wasting an hour to create something that I sincerely believe should deserve more its not something I wish to do. TIME = MONEY!