Invest in Steam Power. What is the optimal amount?
Hi!
Invest in Steam Power. What is the optimal amount?
I have 5000 dollars. Which are in Bitcoin. I have an assumption that the price for 1 Stem will return to $ 4, or even higher. Personally, my opinion is to buy right now. $ 5,000 is the optimal amount? As I understand, it will take me 3 months to get them out?
THANKS FOR YOUR HELP!
Only invest in what you can loose. You can put all of that into Steem Power (SP) or most of it. You should keep the money in SP for five or more years because it is like a bond and it is a smart contract with interest. Over time, the SP grows and gets bigger, probably, that is as long as the value of Steem increases. And Steem will increase as the Steemit community grows. And it is growing.
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Old Rothschild Soros money will continue to decline & die. Bitcoin, Steem, & other crypto money will continue to rise. So, Steem will probably go above $10 USD before 2025. And the value of the dollar (USD) is declining at the same time that crypto rises.
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But Bitcoin will probably rise more than Steem over time.
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I say you could put a quarter of your money in Steem in case Bitcoin dies or something. It is a back up plan and stuff....
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But put more money or most of your money into Bitcoin because it seems Bitcoin (BTC) has more potential and has already been more popular so far. One Bitcoin will probably be worth a million dollars by 2025 if not sooner.
In investments, I try to adhere to the main rule - not to invest everything in one project, and if possible to take at least my money. To not be so scared))
Thank you! I understand!
Think long term, this is Facebook in 2005. $3 Steem is cheap,
I see Steem easily hitting $22 based on previous values in BTC.
THIS WOULD BE INCREDIBLE!) YES THIS IS A LONG-TERM PERSPECTIVE. THANK YOU FOR YOUR HELP!
wOW! I true to invest 3000$. You cool!
3000 $ it cool too!)
If you from Ukraine it too cool!)
Welcome to Steemit :) Nice Photography.
If you want to see more beautiul pictures of nature do follow me. @svitsat
Wooow, super cool!
thanks)
I didn't realize people were so serious about STEEM :-D I would have bought some on that dip if only I had known hahah Check out my BTC price forecasts I just wrote one for today! https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-price-forecast-7-22-2017
Think about what you think Bitcoin will be worth in 1 year and what you think Steem will be worth in 1 year. If you think Bitcoin will be up but Steem will be down, don't trade your Bitcoin for Steem. If you think the opposite, you may want to make that trade!
You can buy SBD too, but it probably will not go up as much, since it is designed to stay near one US dollar.
If you buy Steem and then power it up to Steem Power, you can only get it back 1/13 at a time each week for 13 weeks. BUT it will earn you money as you vote! Here is a calculator to show you how much your vote is worth, depending on your Steem Power. https://steemnow.com/upvotecalc.html
Some of those votes go to you when you Up vote your own posts. Some steem power comes back to you as curation rewards when you vote for others.
If you buy $5000 worth of steem you will get about 3300 steem and that should get you about 5 to 8 steem power a week from voting if you vote every day. That's an estimate based on what I make make from having about 4 times as much steem power as what you will have. That's about $10 a week or $500 a year so 10% earnings on your $5000 investment, IF all prices stay the same as they are right now, Steem about $1.50.
NOT investment advice, just some things to think about. I hope it works out for you, whatever you decide!