COINS AND TOKENS YOU SHOULD OWN AND HOLD ON TO LONG TERM
Hello my steemit family!! I now proudly call you my family because steemit has become a part of me. It is my day to day routine and has always been on my to do list. There is no single day that will pass without me taking a look into Steemit. I wake up thinking of steemit and go to sleep thinking of steemit each and every single day and night. I am so addicted to this platform to the point there are times i stay late into the night (sometimes until morning) reading articles, commenting on articles, upvoting or resteeming contents and also writing my own articles .
How Steemit changed my mindset
I was never that much of a blogger or writer. In fact, i hated writing and reading loads of words. Steemit however changed all that in ways i can't really explain. It has enabled me to get out of my comfort zone and do things i never thought i would do. I came here because of my love for crypto . I came because i was curious to find out what **STEEM **was and get to earn some STEEM.
Before STEEM, most of my focus and interest was mainly on Bitcoin, Etherium, Litecoin, Monero, Zcash and Dashcoin. Those were the only types of crypto i was interested in owning.
However when i came across steemit, signed up an account and started blogging, I began having a totally brand new epic experience. Most of the new comers can attest to the fact that one always gets a totally new experience whenever they start interacting and blogging on this platform.
There was and has been so much to learn from this community ever since i came. I have gained and i still continue to gain a lot of knowledge from you guys. That is why i will never ever say bye to Steemit.
I am officially stuck here with you guys . Till death do us part.
My vow brings us to the main reason as to why i am writing this post.
What does the main title read? Somebody please remind me...Oh!! It reads "COINS AND TOKENS YOU SHOULD OWN AND HOLD LONG TERM"
Yeah right!! I will be giving a list and a little description of some of the tokens and coins i think you should get your hands on and hold on to long term.
Well, without wasting any more time lets get to it straight away.
STEEM AND STEEM BLOCKCHAIN DOLLARS (SBD)
Steem is a blockchain database which supports social interaction and community building through digital currency rewards. This is the first ever digital currency that awards individuals or users who make useful contributions and add value to its community.
STEEM
In the Steem blockchain, there is a fundamental unit called Steem (STEEM). It is a liquid currency that can be transferred from one user to another as payment and can also be exchanged or traded in exchanges.
Other tokens on the steem blockchain derive their value from STEEM.
STEEM Overview
Market Cap
$878,405,416 USD
78,837 BTC
Volume (24h)
$8,344,140 USD
748.88 BTC
Circulating Supply
250,994,490 STEEM
Total Supply
267,968,584 STEEM
The information above is according to Coin market cap.
SBD
STEEM BLOCKCHAIN DOLLAR are tokens designed by a mechanism that is similar as that of convertible notes.
Overview
Market Cap
$36,085,981 USD
3,242 BTC
Volume (24h)
$2,342,220 USD
210.43 BTC
Circulating Supply
10,078,194 SBD
You can also check it out here.
STEEM POWER
To explain what steem power is to those that still have no idea what it is. I will keep it simple by using the definition that is on the steemit wallet.
Steem power is basically Influence tokens which give you more control over post payouts and allow you to earn on curation rewards.
Making transfers and transactions using STEEM or SBD is quick and fast since it only takes a few seconds.
The steem blockchain is one of the most active blockchains with numerous numbers of transactions per second.
Power up guys!! Power up.
As a steemit user or blogger, you might have probably earned some SBD from your posts or some given amount of STEEM.
Instead of sending the STEEM/SBD into exchanges so that you can trade them for cash or fiat, i think it's better to keep them into your steemit savings wallet or put them into a way better use by powering up.
Why you should power up
The more you power up, the more steem power you have. the more your steem power increases, the more your influence on this platform grows. Powering up your STEEM or purchasing more Steem Power is a better way to hold longterm since it takes a couple months to completely power down your account.
I strongly believe that as the Steemit user base and popularity increases, the value of STEEM is bound to explode. Since the other tokens derive their value from STEEM, their value will also increase.
You might also try purchasing some Steem Power Delagation on blocktrades.
No matter how much we are tempted to quickly trade all our STEEM and SBD for fiat, lets just hold on to them and power up more often. This way we will help the value of steem and steem blockchain grow. We will also reap some good profits in the near future.
EOS
I got to learn about EOS last year when i joined steemit. It is currently ranked number 10 on coin market cap.
EOS tokens are ERC-20 compatible tokens distributed on the etherium blockchain.
EOS wallet and where to get EOS tokens
To store EOS, you will need to have an ERC-20 compatible wallet. You can either use MyEtherWallet which is an online wallet and doesn't require downloading or you can use Metamask which is a chrome browser addon. I use both Metamask and MyEtherWallet.
As for a mobile wallet, download Coinomi Wallet from google play-store if you are an android user.
It is a great secure digital wallet that supports a long list of coins and ERC-20 compatible tokens. It also offers exchange services and is as easy as A,B,C to swap one coin or token to another since it has both @changelly and shapeshift in it.
You can get EOS tokens on the following exchanges :
• Binance
• Huobi
• Bitfinex
• Kraken
• HitBTC
• Bibox
• ZB
• Bithumb
• Ether Delta
• KuCoin
• Yobit
Those are some of the exchanges where you can easily buy EOS. There are many others and since we can not exhaust the list, lets stick to the list above.
Overview
Market Cap
$5,602,579,542 USD
496,219 BTC
6,494,392 ETH
Volume (24h)
$157,639,000 USD
13,962 BTC
182,732 ETH
Circulating Supply
705,575,452 EOS
Total Supply
900,000,000 EOS
Max Supply
1,000,000,000 EOS
Check out the current price of Eos on Coin Market Cap
Don't wait any longer! Purchase some EOS and hold on to them. The future of EOS is very promising. Don't ever say i nobody told you cause i just told you.
Follow @eosio on steemit for latest EOS updates.
You can also check out EOS.IO here and join the EOStalk discord to learn more about EOS.
https://discord.gg/WaN27D2
BITSHARES (BTS)
Have you ever been curious to find out what Bitshares really is and how it works?
At first i completely had no idea what bitshares was. While browsing through my feeds on steemit, i came across a Bitshares Fan Art Challenge post by @officialfuzzy who is the bitshares co-founder.
I took part in the challenge but it didn't stop there.
I got curious and started doing some deep research on finding out what bitshares is. I even joined the bitshares discord in order to learn more about bitshares.
You can join the bitshares discord here: https://discord.gg/z2MSfWg
I actually learnt a lot of interesting stuff about Bitshares (BTS).I had to purchase some of it with some of my SBDs from @blocktrades.
Bitshares and Bitshares(BTS)?
In simple words, Bishares is a decentralized exchange platform or rather a blockchain based financial platform where you can trade various assets and cryptocurrencies.
There is absolute no limits on the amount to trade on the bitshares exchange. There is no withdrawal limits and you can trade things like Gas, Oil,Gold and Silver on this platform.
Isn't that both interesting and amazing?
They also offer low fees on transactions and its one of the cheapest exchanges you can find.
Bitshares (BTS) are valueable digital tokens that the Bitshares platform/exchange provides.
BTS is also a cryptocurrency with a great promising future. Buy more and more BTS while it's still affordable. If you already own some, hold on to them long term and you won't regret it in the near future.
You can easily purchase BTS on blocktrades or you can as well head over to the bitshares official website,sign up a wallet and get yourself some BTS.
bitshares.org
You can also store your BTS on Openledger.
Openledger is an online wallet which also doubles as an exchange and doesn't need any download.
To transfer or receive BTS, you only need the recipient's or your bitshares account name respectively. It's exactly similar to how transferring STEEM and SBD from one account to another works.
BTS overview.
Market Cap
$574,539,800 USD
50,324 BTC
Volume (24h)
$8,728,760 USD
764.55 BTC
Circulating Supply
2,609,860,000 BTS
Max Supply
3,600,570,502 BTS
WHALESHARES
The term whaleshares is so farmiliar to many of us but do you really know what whaleshares is?
Getting to understand whaleshares
Whaleshares was founded by @officialfuzzy. Whaleshares is a special kind of token or useful special tool designed to help users with low steem power on steemit get upvotes from whales. It is not only used by users on steemit but also by users on Golos.
Little history on whaleshares
Whaleshares was founded as a result of conversations in the BeyondBitcoin hangout. It was founded alongside beyondbits and began as tag coins/community tokens.
How whaleshares work
Holders of whaleshares have the power to summon a whale to upvote their posts/post. You need to have a bitshares account in order to store or use whaleshares.
You can get a bitshares account here
Now that you created a bitshares account, get some whaleshares in it, head over to whaleshares.net and fill the form.
Simply copy and paste the steemit /Golos URL of the post you want to upvote or downvote and press go. You will be given a specific memo.
Go to your Bitshares wallet and send Whaleshares to the memo.
That is how you summon a whale upvote.
Very easy right?
Getting Whaleshares
In order to get whaleshares, one has to take part in contests and win the contests. It is not yet possible to purchase whaleshares and it can only be given to winners of challenges and contests.
In order to participate in these contests and learn more about whaleshares, join the Whaleshares Discord through the link below.
https://discord.gg/E9Rm9yT
I have been taking part in the contests and challenges and its been a lot of fun.
You can also follow @officialfuzzy for contests and any other useful updates.
Make sure to also have a look into beyondbits.
Thanks for taking time to read this post.
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Definitely Steem is a good hodl. Thanks for this post. learnt something new.
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I came upon steemit by accident researching zcash and my life hasn't been the same
Same here
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