Everyone at some point have been wondering where and when to invest and rhetorically its a question of how ready you are?! First it started off as the early miners or cave men would do, they would find a pow! This was basically more of the beginning so I refer to early miners then as cavies "cave men" because the language then was more like an oxymoron, simple but yet complex.
So when really is the best time to invest? Some months ago in an eos seminar, I was enlightened that DPOS simply acts a means to punish the late comers and take the early miners to sit on the iron throne but is it always this way or is there still a possibility of finding a better time to invest?
...well this concept is more simplified.... Take for instance, a cake is produced from a bakery and that bakery offers the first buyers times ten worth the product for their money given and another brakery offers just 3 times the same quantity of product.... Inevitably, the buyers of the first bakery will make more profit, right? But if the buyers of the second bakery on the other hand then discovers the value of their cake is *30 better than the first brakery, this means, they have made more profit not minding the initial investment and consideration taken. What does this tell us...
Value is key
The value of a coin or product is key factor in your listings for consideration when investing. Unlike the initial idea of buying any coin or investing into any coin at first, if you're unsure of the value, then is it worth the risk?
Most times, I have been asked,... Initial investments on a coin or token at an early stage, is it a wise option?
Frankly, it all depends on the buyer, what value can you decipher what the coin will bring to the community, its worth and it's effectiveness and most of all, does it retain the property to be flexible. Most times, we tend to miss the early initial purchase of a coin / an ICO and in the long run, we still buy the coin. This is because, we find its value affirming regardless of its quantity or rating.
Hence, a coin that has value is considerable to invest in never minding the time of investment unless there's a spike in price and ratings.. In the few time I have spent enjoying the world of blockchains, crypto world, I have found it yet arguable to invest at a time when the crypto slider bar is at its desert "maximum downtrend". I have always seen downtrend as an opportunity to invest more and more on blockchains and cryptos that are worth it. On the other hand, more people feel the need to give it all up when there is a sudden peg in the system or when the downtrend is just too drastic... At least, I've seen steem hit a minimum of $1.18 this few weeks and its rather disappointing but nonetheless, its the best time to invest more in the blockchain.
value compared to quantity
Definitely if a coin is valued, it has a rating or quantity but it doesn't really mean the quantity depends on the value or quality... In the crypto world, quantity barely has anything to do with value... It might be hyped, yes.. with some certain circumstances believed to be true, but its not a rock to dwell on. value can be gotten from a coin with 0.02$ and we still would call it amazing and buy it. I would like to go deeper but I do not intend to write a term paper on my blog. Back to crypto world! The concept or idea behind time in investing is downtrend, ICO's, value and motivation.
Obviously, you need to be motivated before you can venture into investing in any cryptocurrency, it takes your undemanding risky attitude and a sense of keen ideology to do so..... so don't just gor running off to put your money where it doesn't matter... Find value, find a blockchain, combine your ideology and make it a blast.... That's why I choose steem and that's why I'm gonna set a monthly target of cryptos to invest in steem.....
Quite frankly, that's what we do at steemjet, we aim at the global mass adoption of steem through spreading the crypto gospel and sharing creative ideas to help better the platform....
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At this point and in the near future, a coin's value is what other people will pay for it. Having said that, 5 or 10 years down the line you could see the earnings potential of Steem and buy it based on that. Buy Steem as if you had to hold it for five years and never sell it!
Great minds think alike... Here's an upvote.... Thanks for a beautiful contribution to this artpiece.
Thank you kind sir :)
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Great post man.
upvoted
Great post! I just followed you and upvoted you! Follow me back @relsserd.
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