Steem Advice: Now is good time to invest in Steem; Buy and hold more Steem than SBD

in #steem3 years ago

image.png

Last week witnessed a rapid crash in the price of Steem and SBD with both crashing from 0$0.74 and $7.4 to as low as $0.45 and $5 respectively.
This came as bad news to many Steemians but it wasn't just Steem and SBD falling. Many other coins witnessed a drastic fall in their prices. I understand a lot of Steemians feel frustrated with the fall in prices but now is an excellent time to invest in Steem.

With #Club5050 in mind, I am recommending that Steemians buy and hold Steem as opposed to holding SBD. My recommendation is based on the following facts;

  1. If Steem grows from $0.5 to $0.72 which was its price before the crash, this will mean anyone who bought Steem at $0.5 will enjoy a 40% profit. What if it grows back to $1? This will mean a 100% profit.
    On the other hand, if SBD grows from $6.24 to $7.4, SBD holders will only enjoy an 18% profit. So, if you were thinking of investing in Steem, buy and keep Steem instead of keeping SBD.
  2. The principal goal of #Club5050 is to push Steem up and push SBD down. In the days ahead, I will be explaining this better.
These said and mindful of the fact that a few months ago, Steem was $1.2, I believe it's better to purchase and keep Steem (power-up) as compared to keeping SBD.

Steem still has the possibility to grow by 100% meaning Steemians who acquire and keep Steem can make up to 100% profits as compared to SBD which is uncertain.

Some of the simplest things you can do to invest in Steem are;

  1. Powering up 50 - 100% of your earnings #Club5050
  2. Writing more posts and participating in many contests
  3. Upvoting posts
  4. Delegating your Steem power to communities for rewards.
  5. Purchasing Steem with your local currency or other cryptocurrencies.

Now is the best time to invest in Steem

WhatsApp Image 2021-07-19 at 10.40.45.jpeg

Now is the best time to invest in Steem!

CC:
@steem-cameroon
@saxopedia
@fombae
@majerius
The Greens Footer.jpg
The Greens is a grassroots environmental organization that strives to educate, inspire and engage young people to take action to combat climate change and be at the forefront of biodiversity conservation and waste management.

Sort:  

Wow thank you for this advice, yes truly the prices of coins have really dropped.

Thanks very much for all the advice and am willing to invest all my earnings in to steem

Great analyses, exactly what I thought about yesterday. That's what I'm planning to do🤭

Very true. Thank you boss.

Thanks for this wisdom sir

Thank you for the advice and speculations sir

Thank your very much sir for the advice shared

I just learned the right thing to do , thank you for the advice .

Coin Marketplace

STEEM 0.26
TRX 0.21
JST 0.038
BTC 98326.85
ETH 3625.07
USDT 1.00
SBD 3.83