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RE: Strategy for Crypto Businesses
Completely agree, steemit is a prime example of living the life of luxury during a bear market and not preparing for the inevitable.
Recently I've found myself thinking "oh no, I haven't acquired enough steem or finished enough projects and soon the masses will be back"
The bear market does have its advantages (especially here on steem).
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Living the life of luxury to put it mildly. Steem was $7 for a moment. If only all of us, myself included, had been wiser and more diversified in those times.
That was just after I got my steem account. Back when my measly 15SP delegation was worth a cent. Now my 1.4KSP is two cents. Progress!
I think questions would've been raised if steemit inc had tried to diversify it's portfolio though...