Hello Everyone
Hope everyone is having a great weekend.
Most new recruits are not aware that there was a time Steem dollars was as high as $15. The rest of us are aware that the market is currently experiencing a dip, coin values are plummeting overnight and this is causing worries, especially in our inbox.
This is normal, happens every once in a while and usually precedes Bull runs.
DEALING WITH THE DIP
There's no special way of dealing with the dip than what you already know and do, Dips do not last forever and will be over soon.
When the dip is over a lot of people will discover they missed out at the after party. So you should go about your business as normal and be more concerned about aftermath of the dip.
Prepare for when the dip is over.
Bulls are expected at the end of dips so no matter what happens do not lose your coins, Hodl if you are afraid of transacting.
Double your effort, Keep Blogging
This is a great time to accumulate coins, keep blogging and steeming as much as you can so you owe more rewards which will be of more value when the value goes back up.
Always have some fall back liquid cash
As much as we wish steem was acceptable as the legal tender to purchase of goods and services it isn't that yet, we always advise our members to have a supply of paper cash that they can fall back on in times like this. To avoid selling off all your coins and losing out after the dip, always have some paper cash.
Go about your business normally, nothing has changed.