![112.jpg](https://steemitimages.com/DQmdbv3eQLBpUZ7nakLcsHSMtR3RZ2gRuiBzfvbVWZ8HtfQ/112.jpg) # I Admit that Not Following Group Think Can Be Difficult, Even Lonely. # Recently I have a good example here on my favorite social media platform [Steemit](https://steemit.com). This platform has a crypto currency attached to it called Steem that bloggers are rewarded with via upvotes on content and comments. The system really is pure genius. I am pretty well known in the world of crypto currency and am part of many groups on other social media platforms. Over the last few months my peers often asked what crypto currencies do you believe will do very well in 2017. On all of the polls and posts I mention Steem. Each time I was laughed at and ridiculed because they thought that my faith in Steem was foolhardy. So I just kept writing on Steemit, sharing the content across social media and avoiding the politics on the Steemit platform. You see this platform is still in Beta and many aspects of the social and economic sides are still being worked out. So I have let the people smarted than I make the necessary adjustments and I just enjoy the ride while being a positive part of the community. ## Ignorring the FUD. ## In the world of Crypto Currency we have a term affectionately called FUD (Fear, Uncertainty and Doubt). Sometimes it is hard to ignore the FUD but when it comes to Steem I have been solid as a rock. I have written content every day since October 2016 and have not sold any of my Steem. Many fell victim to the FUD and panic sold their Steem when the price reached its all time lows. Those of us who have been around a while know that Crypto Currency values ebb & flow. The markets are so small that it just takes a couple of big sales to cause a price to crash. In the case of Steem we had a policy changed that allowed people to take their money off the platform over 13 weeks rather than 2 years. This caused the market to be flooded with Steem. ## It Really is Economics 101 in Action. ## Supply VS. Demand http://www.clarksvilleonline.com/wp-content/uploads/2010/03/supply_and_demand.gif ## When the World Was Calling Me a Fool I was Hoarding Steem. ## Now I know that my amount of Steem is tiny compared to some people but I do have a respectable amount. All of which I earned by creating content. I did power up $250 worth of Steem when I first joined but I quickly sold my initial rewards for Bitcoin and had my investment back in a few days. Now this week I wrote and article entitled. "[Is a Steem Moonshot Imminent?](https://steemit.com/steem/@hilarski/is-a-steem-moonshot-imminent). At the time of writing that blog post Steem was beginning its rise from $.07. Within a few days Steem had climbed to over $.30. Now we are hovering around $.20. If you followed the FUD you sold at the lows of the last month. If you were able to tune out the noise you may have enjoyed a nice profit or like me just happy to see the price rise again. Going forward I imagine people will powerdown again and sell some of their Steem which will put pressure on the market. The alternative is that the new Hard Fork scheduled will cause excitement about Steem and people will be in buying mode. Whatever happens I am going to sit back and enjoy the show with my tidy stack of Steem.
Do You Think for Yourself or Do You Follow the Masses? posted first on https://steemit.com/@hilarski
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