TO GAIN MORE,INVEST MORE#CRYPTOCURRENCY RULE NO.1

in #crytocurrency7 years ago (edited)

The world today is moving towards the growth of cryptocurrencies and their mode of rise and fall is very alarming,one of the reason loads of people refer to it as gambling but not me though.

1.BITCOIN;ushered to the world the concept of cryptocurrencies and has become the de-facto standard for cryptocurrencies.

2.LITECOIN;this coin was launched in 2011 and it is based on open source global payment network which is not navigated by the central government.

3.ETHEREUM;this was launched in 2015 and it is a platform with decentralized software that enables Distributed Applications to be made and run without downtime or interference from third party.

4.DASH;which is originally known as Darkcoin is said to be the secretive version of Bitcoin.
Dash is somewhat amazing because it offers more anonymity for the fact that it works on a decentralized mastercode network and this makes transactions almost untraceable.

5.STEEM;is seen as a next generation blockchain,uniquely made to run real-time applications with near instant and fee-free transactions and this takes us to STEEMIT.

STEEMIT is a blogging platform with steem as its SMT.Bloggers on steemit are being rewarded based on community voting for their contents.

So now,we have a vitual idea of what cryptocurrencies are,and also on what steemit and steem are about ,we move to investment on steemit to gain more.

Cryptocurrency is about investment,you invest to guarantee huge or poor rewards or not.

On Steemit ,investing definitely guarantees your growth and rewards and on steemit ,investments are made in many ways.

First,you invest in your time,do more research ,ask questions ,make more posts ,and read other peoples posts esp posts that focus on what your about.

Second,invest in your mindset.Steemit is a serious matter,especially when your making a post ,dont think its a facebook writeup that would gain you only likes,it is something that one could use to earn a living ,improve on a mindset thats all about fun and be serious when you need to be,knowing what you stand to gain or not gain,with such mindset you would not be discouraged when you have nothing on a post because you have a target.But still have fun though.

Third,invest well in your SBD ,cashing out can be very interesting but its also not a very good investment strategy.Investing your SBD to boost your posts is very important through bots (trustworthy ones) and also through amazing opportunities like the ones propagated by @samstickkz and @ejemai.

You can also get more steem with SBD ,because steem is rising and it would continue rising

So,you can learn ,enlighten,entertain and earn on steemit if you have a good habit of investing and have a good ideology of cryptocurrencies and you have a target.

Investment should become an integral part of steemians if you wish to go far on steemit and in the world of cryptocurrencies.

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Investment should become an integral part of steemians if you wish to go far on steemit and in the world of cryptocurrencies.

Very well said

Investments are great foundations set for the future, without them they'll be no future. Keep the good work up 👍

Thanks for this piece. Explanatory enough....

I was really lost on this cryptocurrency stuff. This post has really enlightened me. Nice one

I'd start writing more on crypto currency 💱 so as to provide help to those who are lost

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