RE: Cryptocurrency is exploding! Should I invest more?
Hey @nanzo-scoop,
I just want to commend you on your phenomenal insights. When you returned from the Steemfest, you transformed into a whale by buying in low, believing in the potential and stability of the platform. I only wish I did the same. But you are now reaping in the serious rewards because of that and it honestly couldn't have happened to a nicer guy.
Incredible foresight, sir. And to think, this is only the beginning of a digital finance revolution. Also your strategy in cashing out small bits while retaining the majority of your portfolio is very wise indeed. What a setup!
I firmly believe we could be looking at expensive steem in the long run. An investment even at this stage may not be a bad thing if you weigh up the possible gains versus the losses. Maybe explain the risks to your friend while highlighting the crazy opportunities at the same time.
Inspiring and uplifting story, man. Keep Steemin' on!!! :)
Thanks for your kind words Ezzy. Wouldn't say I'm a whale yet, but I'm working on it! :) The hardest thing to do is buy low however no risk, no reward.
I agree it's the beginning with lots of twists in the road no doubt!
I am holding on as long as I can 😜 I'm not letting go off my hard earned STEEM, no no nooo🤑 BUT I had the same thoughts like you. Should I take some out now and jump back in later? Will see if I can trust my instincts. I am ready for Mars and hope Musk will take me on his shuttle because since I drove his Tesla, I know it's the same exciting emotion like riding the steemit wagon. What a ride so far!
I think best to let your friends decide for themselves.
Hey mammasitta! Hop you're doing great! :)
I say if you don't really need the money ASAP then it doesn't hurt to just sit on it and wait for the price to increase. Because I honestly think that's where it's headed over time. Way, way up.... And you already have a really good amount saved up. Thank about it! :)
@ezzy so nice to hear from you and yes as I mentioned I will hold on tight and cuddle for a bit longer 😋
What's your preferred strategy for Steem, specifically? Is there a way you divide it up ( ie, 20% steem, 50% SBD, 30% Steem power - if so why/how? If you don't mind sharing , of course. And I promise not to hold you liable for your advice, errrrm, opinion lol