I have noticed that I can no longer scroll to the bottom of my blog.
I tried it today.
I think it's limited to a year on Steemit.com (they are still in the blockchain).
At the bottom of the blog though, I saw this post.
It's about investing in STEEM.
That article made only $0.13 cents by the way.
Here's a excerpt from the article:
The question on everybody’s mind is: What will happen with the price of STEEM after the hard fork. Will whales sell or keep their STEEM? Will the price drop? Will the price go up?
Nobody knows. And I think it doesn’t even matter. The only question that matters is: “Do you think Steemit could become bigger and better then it is Today?”. If the answer is, yes, then you should think about investing.
With the current developers, the current projects in development, the community that consists of the most diverse people I ever met and how accessible the platform is. I think it can be a lot bigger.
The price of STEEM is around $0.11 cents. For what Steemit is today I think that’s a decent price. I would recommend that (if you want to invest) you don’t play the game ‘Guess the bottom price’. It’s a very difficult game to play and almost impossible to win. It’s much easier to buy in gradually.
It also prevents you from checking the price all the time. And most importantly it prevents you from suffering from FOMO in the case the price will go up because you already have some STEEM.
STEEM was $0.11 cents a year ago. Today we crossed the $2.50 mark.
I think a year later the Steem blockchain is indeed a lot bigger and better than it was back then.
And the good thing is I can only see it improving in the future. (SMT's is my #1 favorite.)
This improving or development is not something I can see with some other crypto projects out there.
Investment strategy
My current investment strategy is to diversify some of my crypto holdings (not STEEM) back into fiat gradually.
My crypto holdings went 10x while my Fiat has stood still.
Crypto tends to go up and down as a whole. (If there is a correction there is nowhere to hide fast.)
I need some Fiat in case there is a big dip to buy back in.
If I'm wrong my holding will just go up and I make a little less profit.
Which is fine. I prefer the feeling risk aversion over maximum profits.
I talk about it more in my vlog.
I am a witness with our developer group @blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote here.
We build Steemify a notification app for your Steemit account for iOS.
Get it Here:
▶️ DTube
▶️ IPFS
That’s a great strategy. I have been taking out profits along the way too. I remember a year ago too. Price was constantly dropping , and I was looking forward to buying into steem. I’m glad I did, but I wish I had bought more at that time.
I think we all wished we bought more :)
Congratulations on such a successful investment, it takes balls to invest when everyone else is fearful and negative. This recent rise has meant my investment is now in profit too, long may it continue!
Congrats on your investment! and Thanks!
Btw, i’ve been using Steemify recently and really loving it so far. Great work on the app.
That's awesome! Glad you like the app and also thanks for the witness support!
You’re welcome mate.
really great work i agree with u...
nice information on steem strategy invstment
I agree with your investment strategy, diversifying is always a best strategy and taking small profits at frequent intervals will make your fiat balance also strong. Good luck!
Thanks!
Indeed steem is good investment, I admit when we were down to 0.80~ it was looking pretty dark but now things are getting to look brighter :)
for me $0.80 was no problem. I saw $0.08 STEEM.
Im pretty happy that i've invested in steem! We just reached half a million total accounts before the end of the year! I think 2018 will be a great uear for the community, we will have SMT's and utopian will be a lot bigger!
It's a pretty good idea to cash out a bit. If you have some cash on the sidelines, you should be able to pick up quite a few bargains on the next dip in crypto.
If there is a dip ;)
This is the dip
Yes, that's very. I think though whatever comes up must come down at some point. However, that some point might be a bit in the future though. I kind of miss the dips we used to have just a couple months ago. They made excellent entry points to buying more affordable crypto.
Only half a year here.. but what a half year.. and we are still in beta...more to come
Yes. A lot more.
.11 cents..i was buying at .15-.22
I have had no regrets, no power down
and i still believe in the platform.
It's not perfect, it have a few shitty ones...but it have some of the most amazing people on earth.
I bought till recently. Now I'm looking at what will happen to the markets first. I also have never powered down. I believe the Steem blockchain will be much bigger than Steemit.com in the future and STEEM tokens very valuable.
So very true. Kinda interesting lately, we'll wait and see where it goes feom here, taking us with it. Cheers!
Haven't you ever thought about powering down just a tiny amount just to see if the process works?
Unless they gave me a special account I'm pretty sure that it will work just like everyone else :)
@exyle,
If someone needs inspiration to do blogging at Steemit, just share this below images. They will not stop blogging forever!
Source
Source
Respect you man! I will try my best to reach it too!
Cheers~
It's a different world for me indeed.
@exyle,
You made that world dude! Congratz!
Cheers~
You and your app, both are awesome! You took more risks and now it's time for you to enjoy high profits.
Thank you!
i presume you already have an idea ready for SMT deployment right? :)
I will toy around with it when they come out :)
The only way up is for sure. I didn't know about the year thing, aw it makes me a bit sad. Occasionally I would look back for something.
I like your advice. I might pull a bit of mine out into fiat for the moment. The crypto gains have been excellent!
It's been a crazy year for sure.
Exyle, what do you think will happen to the STEEM? A friend told me that steem is pegged to the US Dollar, so at some point it will correct back down to the price of the dollar. Do you think that is true, or will it continue to rise in value or at least remain higher than the USD. What are your thoughts?
Steem blockchain dollars should be pegged to the dollar. but It's now $13. I don't know whether it will go up or down. STEEM is not pegged.
Thanks for the tips man. I have started investing in blockchain, both my time and gradually my money too. Your channel/blog is a great resource, trust me.
Oh and voted too!
Thank you!
it must be amazing to have something undervalued before and see it take off. unfortunately i haven't experienced something like this yet. i really hope steem could go even higher and really go mainstream.
Excellent @exyle , I have been following you from early days and you constantly post positive things about Steem outlook, which is backed by good facts actually.only one way to go which is up
You have a very smart investment strategy my bud @exyle hence your consistent success. I am also bullish about steem and its ecosystem and we all will ride to the moon come 2018...keep it up.
Today , I wrote about Why the Rich and Poor need cryptocurrencies -feel free to see it when you are free. More success to you.
Thanks, man. I am really curious to see how SMT's will affect the blockchain.
sure has been a hell of a surge of late... i see it as foreshadowing the pending implosion of equity markets
It's amazing to think that a year ago you got only 13 cents for you article. You deserve to enjoy all the success you had by sticking with the platform in such rough times. It's a lesson of courage and perseverance.
Thank you.
We're all still the early adopters of this thing, even those who have joined today.
I expect ither social media will have to issue their own tokens in response to the success of this platform.
as much as i see you are always having a great knowledge to share with us keep hard work and future will be bright for you
Now it's a makor discuss in crypto, for this situation it will set up top five in steady @exyle
Thanks for the Vlog.
I totally agree with you on the diversification aspect since the entire crypto markets are highly correlated. It's nice to learn that you managed to x10 your crypto holdings. My strategy is to invest in uncorrelated assets by selling off the excess holdings in fiat. Real estate seems like a good play in the current financial environment. I'm still bullish with crypto and I'm still looking to build a bigger crypto portfolio. Great updates!
Is a very interesting analysis about use Steem ? Sell or keep
Just getting started and am trying to soak up the details as efficiently as possible. Your post was very helpful. Thanks.
great videos bro!
Steemit could go mainstream only if it would stop trying to be a crypto-reddit and be more like a crypto-medium .
excellent post ..loving to your blog.thanks for sharing..
I am still on a journey to discover myself and I will continue on this journey until I achieve my full potential. YOU should too.
It's wonderful to think that a year past you bought solely eleven cents for you article.The crypto gains are excellent! it still rise in worth or a minimum of stay beyond the USD. thanks sharing.
the essential writing man. you are great. thanks @exyle
Thanks mate, being a newbie your posts makes it easier for me to get up to speed!
Oh wow. You must had to scroll for a while lol.
very informative post.every moment i learn something from your post.love to read it.
Predictions, Reading, sharing information, words where many people base there decision on to buy or not.
But what about feeling and trust in a crypto. That could be the most wise keys to help in decission making.
We all feel comfortable here, so we are busy here, we invest not only money but also time. It bring joy and fun as well.
So together we Steem UP!
Brilliant post, I love your strategies. Thanks for sharing the ideas
right bro.good job..and writing too.thanks for sharing
Very good story you write,the early stage of Steem of yours. Excellent post, I vote you. Thanks
That is the essence of belief and taking steps. Bravo
Excellent & pragmatic investment attitude when you are in a bubble: "I prefer the feeling risk aversion over maximum profits."
Help me on this. Which is better to invest in. SBD or STEEM? Seems most people prefer STEEM yet SBD is higher. What am I missing?
I think this is a success for a site steemit
It would be good if the site becomes working without beta virsion
It will grow more bigger in the next months and years. Steemit is more attractive for users and many people are joining everyday. Thats the reason why they are developing new things in a short period.
I have a very small question out of this topic if you have any idea about it. My voting power raised in the last days and yesterday it went down to 0.01 suddenly. I dont understand the reason. I never powered down and I dont find any topic related to this.
Thank you and enjoy your day!
Well said.
High Risk = High profit chances
Less Risk = Less profit chances
Its depend on you that what's your needs and capacity.
Steem is the best crypto bet out there for the long term
nice idea and better be prepared for all kinds of situations.That is indeed necessary !