Should you invest in Steem?! 1000$$?
Hi there,
A lot of creators > Youtube, Facebook etc..
A lot of creators <--Steemit
First of all I am not saying either to not invest nor to invest , and I am not an expert on cryptocurrencies.
Links to the sources will be below
Lets say you have got 1000$ dollars from your savings, and you do not need it for something else so you decide to invest it in Steem, at this moment you would have 1000 : $1.82 = 549,450549 Steem
Some cryptocurrency guys (links to their videos below) with a lot more knowledge than me expect that Steem will hit the 10$ mark in the coming months.
Why I believe that to be true is that today everybody is on social media all the time, today we have got the most creators we have ever had. Everybody is competing with each other about posting, subscribers, followers, likes etc...
The creator community is huge
Even though this huge community is keeping Facebook, Youtube and others with fresh posts with activity everyday, the creators are getting a very small portion for their contribution.
-------------Steemit has the solution
I believe you know of this with the huge number of creators complaining 2 months before about Youtube and a lot more.
So lets say you invested those 1000$ and got 549,450549 Steem, if we simply say that after some time the price for 1Steem will be 10$, then you would be sitting at (simple math) 5495,50549$ just like that and you got 4495$ out of thin air.
Who knows maybe Steem will get even higher than that.(Lets hope so :D)
Link:
Link to the video
He has also got a Steemit account make sure to check him out :D
1000$ -> 549,450549 * 10$ = 5,495$
2000$ -> 1098,9011 * 10$ = 10,989$
3000$ -> 1648,35165 * 10$ = 16,483$
4000$ -> 2197,8022 * 10$ = 21,978$
5000$ -> 2747,25275 * 10$ = 27,472$
Quick tip:
Before you invest in anything, get as muchh information about that before you do.
Great info. thanks for posting. voted and following!
Great thread. I was about to start a similair discussion. Cryptos will probably go through a more extreme pattern that bitcoin went though. High ups and high downs before it becomes stable. I was researching a way to do better investment analysis on the current cryptos. I found this great website: https://www.coincheckup.com This site lets you check investment stats, And does a complete background analysis for every single coin. That's tradable on the market.