Why steem cheap price is a blessing for all investors
Forget about fuders and haters (see my posts about Bill Gates fud against crypto´s here and Facebook fud here) and think strategically. Moreover, most established investor’s in the crypto space have made thousands/ millions of fiat money in gains by being smart. Therefore new and low budget (including established investors ) investors should see the current cheap price of steem- including other cryptos as a blessing in disguise and thus enter the market. Moreover, this current cheap price will change by next week or even anytime, therefore this is an opportunity to make some smart money by buying cheap and selling high or entering a top markets like steem.
why?
Investing: no matter your economic situation, steemit platform will give you the opportunity to start from scratch and grow. You only need internet, computer, patience and willingness to work smart (see my older posts for more tips on how to be successful here) and grow your steem power. Moreover, always target periods of decline of price in order to get good deals.
** Bright future** : The future of steem ,eos , eth , bitcoin and other top cryptos is bright due to the innovative technologies that is ever evolving. Moreover, as new people learn about the industry (on daily basis ) , millions of dollars will always be invested in established and new coins/tokens.
Opportunity: steem current cheap price is an opportunity for new and established members to buy some coin and power up before the implementation of SMT and hardfork 20 –see my former post for details here.
Moreover, to make it in the crypto space, always buy when people are selling cheap (red) and sell when people are buying high ( take some profits and keep the rest for future gains) . Furthermore, see it as another opportunity to buy and power up steem in order to get more steem power which is the crème de la crème of steem ecosystem because it gives you a stake/ power (curation, author, interest , delegation )in the future of social media.
Do you agree? Send in your comments, resteem in order for your contacts to join the discussion and upvote in order to send in your support.
Click here and read my former post: Secret Fight Against Steemit?: why Facebooks´s plan against cryptocurrencies will fail
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I agree, I just think that this is the time to collect cheap coins. Just posted a technical analysis on STEEM and hope you guys will find value from it:
STEEM - Analysis - The Future For STEEM Price ($31) https://steemit.com/steem/@benkalashnikov/steem-analysis-the-future-for-steem-price-usd31
No way it hits $31...that would put it in the number 4 spot out of all crypto coins with 9.7 billion dollars in market cap. Maybe in 2 or 3 years i could see that.
True, but let's hope the whole crypto market grows then for it to be possible.
hi. agree with you.
I think it may only hit >30$ if market would recover and tripple in value.
Good analysis, however I wonder why you will send a full link to someone post and upvote high, did you upvote the post? just asking because if you didnt, then you might get downvoted from people due to bad behavior.
Thanks, and yeah I've upvoted the original post
Good anylysis, upped.
I agree...there are a lot of missed opportunities for normal folks like us and cryptos present opportunities to make it and now is the time especially if you have the money...buy steem and power up ..the key to future success. Upped, 100% . Thanks for sharing
Thanks for your comments...I agree, we should take advantage of the opportunity
Hold for a long term and it will make you earn a good return!
Good point, I agree
It seems like we are hardwired to moan when prices are green and rising - lamenting the "missed opportunities" and wishing we'd got in when STEEM was "less than $3". And then when prices actually turn red so there's a "discount sale" in effect, we moan and stand to the side and wait for the good times to return!
Human nature..Lol. Thanks for your comment
Hence the saying, "do the opposite of what everyone else is doing"
Thank you for this post. I have been following the fluctuation in the STEEM rate since December.
And what is your observation ?
In December, there were incredible heights. And now - an incredible fall. To be precise, it is a return to the original state, which was before December.
I agree with you on this
what do you like about the post?
Buying cheap is an important step, as a way of life.
However, the important step when investing is the moment of selling.
When dealing with investments, there are two more factors to consider; they are yield and risks.
The clear difference between Steem and other Cryptocurrencies in the yield or in other words, the possibility to be part of Steemit and earn here something similar to interest. It demands some work but the return on it is huge.
And so, the selling price becomes less important as you've earned here enough "interest".
Concerning risks, I don't have to evaluate it as the model is earning yield, and looking at the growing pace of Steemit as like having an insurance policy.
My conclusion is:
Very good anylysis, thanks for your comment
I think STEEM, SP, and SBD are all good investments. As more and more censorship on other platforms increases and continues, people who post content on a regular basis are coming to STEEMIT. The value is pretty much stable, and will only increase as that censorship persists.
Good point, I agree
I agree! I have heard so many people wish they didn't miss their opportunity to invest in bitcoin and other altcoins when everything was at it's high in December but now is a perfect time for those that are looking to invest in the space to get in at a major discount! This tech is revolutionizing the world and how we interact with each other! Platforms like Steemit will continue to grow and those people that felt like they "missed out" now have a great opportunity to get involved!
It is also a great time for those of us that have been in the crypto space to further increase our positions on projects and platforms that are at a 50% discount or more! I am soooo excited to see what 2018 has planned for the crypto space!! :)
Good poit Annemarie, smart lady indeed
Totally Agreed with you we must save Steem coins for future.. nowadays price is low but in future steem price will grow up because the entire project have very much potential
Point