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RE: What makes your crypto valuable?
"Before owning a crypto, consider the size and value of the asset behind it, and the portion it will capture in the future."
This is a great rule of thumb and why I like to invest in platform tokens. These grow and increase in value as more and more projects are built on or utilized by them. The more projects on a blockchain platform = more exposure. This can translate to capturing a bigger percentage of the economy.
The more I use steemit, the more potential I see in it. People are blogging, earning, and advertising daily here. They tell their friends how awesome it is, and then those friends tell other friends having a snowball effect. The amount of "IntroduceMyself" posts I see everyday is awesome.
This is so true! This is the first thing I consider with every crypto investment. Even if the idea is great, the size of the asset or market it is disrupting is one of the biggest Go/No Go checklists to consider.
Exactly. Its not just about the idea, you have to be able to capture a market and then continue to keep growing and scaling.
I also forgot to mention that I think Dlive and Dtube are going to really start taking off. I'm seeing BIG named youtube stars with a HUGE audience make the switch to Dtube. Just today I saw that Furious Pete(5 million subscribers) recently joined steemit and has started on Dtube.
I'm so excited to see how many people make the switch. They are going to point an insane amount of eyes on us over here.
Did they switch or just do both now?
nice! and that's why people should consider it to post valuable and quality contents :(
True... Always take considerations on what to take because not all Crypto can go higher... ;) I like this article and this is very informative...