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RE: My Crypto Portfolio Is About 90% Steem - Dangerous Or Is Steem That Good Of An Investment?

in #trading7 years ago

Yeah, a surplus of regular users is very important and I think it is fair to say that many come specifically to try and make a killing and then give up soon after if they don't. In that sense, it is a lot like YouTube; content creators, a lot of the time, will start making videos there and when they don't immediately get a bunch of subscribers, they abandon ship. DTube is wondeful as well too and one of the main values (as well as DLive), since it is a less saturated alternative to YouTube, which is transparent as well. This gives a huge opportunity for it to take some YouTube market share, assuming they can ensure a quality User Experience and seamless technical functionality. :)

You also make a great point with people's fear/confusion surrounding getting paid in crypto. Many are extremely intimidated at the thought of having to convert it to bitcoin/some other major exchange coin and then to cash. The closer we can get to seamless conversion between Steem and USD, the easier it will be for people and the less intimidating it will be. Education is also a great tool that can be used, because if we can spread awareness and enthusiasm, less people will feel uninformed and confused.

Thanks for your support and I hope that we both have great success on here! :)

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