So what's your excuse now?

in hive-174578 •  8 months ago  (edited)

There's been so much talking about how lucky / had confidential information those really...really...really early STEEM adopters were. And I ain't talking about the ones who simply jumped in at Steem during 2016 and had the chance to grow their stake fast due to high inflation and far less registered users which resulted in higher rewards, since fewer hands had access to the rewards pool, but for the who specifically jumped in between the 15th and 31st of March 2016.

They had the chance to also mine their stake. Not exactly the way Steemit.Inc did but they had their fair share. And since there is 99.99% that you don't belong to that group, let's see what was the best possible timing to invest in STEEM, using Coincap.io which is really easy to use and is also how @steemchiller's Steemworld.org tool (which btw looks great after that latest face-lift) provides the external prices for STEEEM / SBD displayed in his tool.

Obviously the best case scenario is that you bought your STEEM stake around March 10th 2017, when STEEM's price bottomed out at $0.07...Did ya? NO? Too bad...

So according to Coincap.io, this is STEEM's chart from day 1 till this very moment. As you can see, if you invested back in July 2016 and held till now, your investment has gone down the toilet aka ~ (-96%)

2020-02-29 23_26_43-Steem (STEEM) _ CoinCap.io.png

Now let's see how do things look like for those that jumped in STEEM exactly a year ago. Hmmm...apparently you are down ~ (-58.5%)

2020-02-29 23_27_19-Steem (STEEM) _ CoinCap.io.png

But from now on, it's getting really interesting. You see, those who kept complaining that they didn't know about Steem and found it out randomly a couple of years later, such as myself, they had their fair share as well. As you can see...If you've purchased your stake exactly 6 months ago your investment looks...great!

2020-02-29 23_27_51-Steem (STEEM) _ CoinCap.io.png

Those that armed their hand exactly 3 months ago, looks like they are doing even better...Almost +50% ROI? I'd take that any day...

2020-02-29 23_28_28-Steem (STEEM) _ CoinCap.io.png

Even if you decided to start buying exactly one month ago, you are still doing great. +16% ROI in a month? Yeah...

2020-02-29 23_28_46-Steem (STEEM) _ CoinCap.io.png

And it gets even better. Even if you became a member of the Steem fam TODAY and decided to boost your account a little so that you don't have RC issues and such...your choice seems to be wise. And that's because you have ~ +14% ROI in a day.

2020-02-29 23_29_32-Steem (STEEM) _ CoinCap.io.png

So what's your excuse now? Don't do the very same mistake most people do...you know exactly what I am talking about, right? Right...

Food for thought.

Have a great weekend people.

Cheers.

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I'm poor.

Posted via Steemleo

Your chance to get rich ffs...

ha, love this post. Nice history on the price and also, hoping those that bought today are ahead next week!

They are already ahead :)

At least there’s no didn’t want to buy at so high prices excuse anymore.

This ignorant user is spreading dangerous lies in order to attempt to gain popularity and attention from the new commie overlord. Ignore the ignorant twat bag, you'll immediately feel better about your life.

You're right, there are no excuses. If the price goes higher anyone with a decent amount of Steem and the ability to attract upvotes is going to do well

anyone with a decent amount of Steem and the ability to attract upvotes

Let's not forget the ability to distribute upvotes too. Curation rewards are underappreciated imo, but anyone with a decent stake many have a similar result to a very good author who attracts those upvotes ;)

I'm also poor.

I've been a buying few in a whatsapp/Telegram group for Nigerians though

Posted via Steemleo

I feel you bud. I ain’t rich either. Just prefer to buy some STEEM here and there instead of random useless stuff

I hardly look at the Steem price anymore, I just enjoy to write when I can spare the time and energy.

Posted via Steemleo

Enjoying the ride is the most important thing.

Great perspective.

Posted via Steemleo

Never too late...

For the Twitterland

Hello!

This post has been manually curated, resteemed
and gifted with some virtually delicious cake
from the @helpiecake curation team!

Much love to you from all of us at @helpie!
Keep up the great work!


helpiecake

Manually curated by @solominer.


@helpie is a Community Witness.

Thanks!

I bought up around 24k Steem from August to Jan and am sitting on around 60% profit but I've been following curation trails like travelfeed, steemitworldmap and curie to help distribute some upvotes and rewards to deserving authors.

Still posting as well but just building my SP really, targeting Orcadom by the end of the year, which reminds me, power up time! Steem on 😎