Ask Yabapmatt - Should You Invest In Steem And SBD

in money •  3 months ago

Investing your money is something that you can do to help your money work for you. Investing in cryptocurrency can be very risky and you need to be much more careful. If you are on the Steemit platform then you may wish to look into investing in the platform. Please note that what is expressed in this video may not be for you. Therefore, do your research and make sure you know what it is you want to do.

Watch this video to find out about investing in Steem and SBD. If videos aren’t your thing, then check out the transcript below to read more about investing in Steem and Steem Dollar cryptocurrency.

Hey guys, my name is Spencer Coffman. Thank you for watching this YouTube channel. It's all about making information known to you. Today, we've got a special preview for you of an interview with Steemit whale @Yabapmatt. Take a look at this question - coming up next.

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Spencer: Do you do you recommend that other people invest in Steem and Steem Dollars?

Matt: I just, I don't want to give any investing advice, but I'll just give my opinion. Obviously, I have a significant investment in Steem, over other crypto currencies. And the reason is just simply because it's really the only utility token that I've found that really is being used, at least to some degree, for its utility already. Most other utility tokens, that I know of, are just, you know, they may be used at some point in the future for whatever utility they're supposed to provide, you know? But Steem is used every day for its utility.

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You know one of the main utilities of Steem is for advertising your content. So that's one of the reasons I really like it. I mean, for example, all my other crypto currencies they just, they just sit in my wallet, and I hope the price goes up. But Steem I use on a daily basis and so do a lot of other people. So just that in itself, is kind of a big reason why I think Steem will hopefully, have a very very bright future.

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Spencer: Yes. You make a good point. We are not advocating any type of investment advice or saying that you should or shouldn't do anything. This is not; we are not qualified to do that. We do not want to give you any investment advice. You cannot, you know, say that we gave you any advice because we're giving you our opinions and what we think. Obviously, what we did and what you are gonna do is completely different, and it's not the same. You're not in the same situation. You don't need to be following anything that we are saying here.

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Spencer: So that was it. I hope you learned something from it. Be sure to check out the full interview for all the questions, more information, and a lot more of an in-depth look at everything. Also follow @yabapmatt, @SpencerCoffman, and the @steemitvideos accounts on Steemit. Make use of SteemBotTracker and all those other tools that yabapmatt provides. In addition, if you have any questions, be sure to leave them in the comments below. He or I will get back to you, and hopefully, you can learn even more from us. Also, if this is your first time on this channel I would love to have you subscribe. It's all about making information known to you, teaching you the things that you need to know in order to be successful online. Until next time.


SteemitVideos is a project created by @spencercoffman dedicated to helping you grow on Steemit. All videos will be posted here directly from the Spencer Coffman YouTube channel. You’ll be able to watch them there before we post them here! So consider subscribing to be alerted when the new videos are released.

In addition, I’ve created a Steemit Support Facebook Group that I would love to have you join. You can also join the #gratefulvibes Discord server where there is a Newcomer-Videos room and a Steemit-Questions room where Spencer Coffman will be available to help answer any questions you may have. Of course, you can also comment directly on the YouTube videos for a faster response and comment on our video posts as well.

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agree that steemit platform has so many amaIng facets incl dividends, great show thanks!