Today I want to talk a little bit how I invest my Steem Dollars. There are many ways you can invest it of course you can change it into your nations fiat currency, you can exchange it for other digital coins. You can give to other users or you can power up and get more Steem Power and influence on Steemit. Which can help boost your reputation!
I do a strategy right now of investing a lot in digital coins and then if Steemit works out well in the future then I can re-invest back a lot! Will be interesting if we will see all social media websites be built using blockchain technology in the background in the near future. I have see some graphs that Blockchain jobs might explode in exponential curve the upcoming 5 years. Which will be exciting stuff for us that get in early!
Will still take a long time before these new stuff hits the mainstream. One of my favourite feature with Steemit is the Reputation and Influence system. Which gives people an incentive to behave well and generate lots of value! Because for most people I think they rather go with high reputation than a high reward in Steem Dollars.
Old ways of investing with getting a few % in returns every year is truly becoming boring for us new people that are living in the fast digital age. Here we want to see 100X and 1000X returns. That is what we find exciting! And the only way to get that effect going is that we need to invest in other people instead of sitting on the cash. It needs to flow around more and be shared. And it will be used more effective! 2018 I think we may see Steemit 10X in popularity. Because it’s starting to hit the mainstream and YouTubers starting to bring their audience to DTube.
▶️ DTube
▶️ IPFS
You should invest in upvoting. lol
I believe in putting in the hard work and build human connections and let my page grow more natural
It's free to upvote but good luck.
Do you invest on things other than crypto? I have noticed that a lot of people in Crypto have a good income don't invest in stocks, real state or web sites.
Diversify with different assets, cash out some crypto and buy other investments. Like this it won't hurt when market crashes and you can buy more cryptos is down. :)
I invest in my own website and building my business. Stocks and real estate I find more boring I know the best return is in my own business and company. I believe strongly in Crypto so will go all in on that one!