Why STEEM is such a good currency to invest in
In the last few months, most of the cryptocurrencies, including STEEM and SBD, had a really good bull run. However, while most of the other cryptocurrencies are valuable just due to their storage of value, STEEM has additional utility in the sense that having more STEEM power also means that you are going to earn more author/curation rewards.
So, if for example, you invest in Ripple and later on its value decreases, you would suffer a loss, but even if STEEM's value decreases, you could still be earning profit due to more author/curation rewards you would be getting by virtue of having more STEEM power.
So, what do you think guys? Would it be wise to convert some of your cryptos to STEEM? I would love to read your opinions about this.
I think its a no-brainer for anyone planning on being on the platform for awhile. As the user base continues to grow faster than the inflation of the coin, price will have to continue to go up...its good to be an early adopter.
Yes, you are right :)
I agreed! Steem is a good Currency to invest.
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