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RE: Bought 2500 Steem for 2400 SBD!! And powered up Last week price is still cheap.
Everyday its price reaches 0.88$ now-a-days. Its better to buy in that price than spending 0.93$ in my view.
I am thinking will steem price rise up or will it continuously keep on falling and collapse ?
If you believe in the Steem blockchain and all the apps that are popping up in addition to Steemit then you will not be concerned with weekly/monthly fluctuations as you plan on staying in for multiple years. IMHO, Steem can get to $50, maybe even $100 within 7 years. So every time I make a $1 in Steem. I view it as $50-100 in future value. Just my two cents. 😀
But we need to invest Rs. 100 of our currency to get 1$ sbd. Though I am expecting upgrowth in steem and have hardly and difficultly managed to get 59 steem power till now. Let's hope that your words come true. Cheers !
This is the perfect way to look at it. Even the pennies we make now off comments will turn into dollars in the not so distant future.
Personally, I️ think Steem’s success will fluctuate along with bitcoin. It is the leading cryptocurrency and it’s success will decide the fate of all crypto-based ideas and companies.
I don’t normally give out tips but by the end of 2018 we are supposed to have the Chia Network. Google it, sounds interesting. Bram Cohen Bitorrent inventor is the mind behind it. Proof of space/time.
Yes, not to mention we are the early adopters. As much as it may seem everyone knows about crypto because we hang out on sites like this. 99% of the population doesn’t even have a crypto wallet. Most know nothing other than the little bit they hear in the news.
By the time the majority of future investors get in on the action, we will have a good amount of money invested and the growth they will produce will only make us richer.
Quite possibly, but if you are old enough to remember the early days of the internet new innovations popped up quickly. Keep your eyes open for the next big thing that is gonna last. Steem is one of them IMHO due to the ease of integrating with the chain.