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RE: Buy the Dip - Would You Buy Bitcoin, STEEM, or Another Crypto?

in #steem6 years ago

When I transfer Litecoin to Binance from Coinbase it takes 4 confirmation blocks (10 minutes). Guess how long it takes to transfer Steem to Binance? 1 block (3 seconds). I've been seriously considering cashing out all my Litecoin and using it to buy more Steem.

If SMTs deliver even half the functionality they claim to that's going to give this platform a permanent boost. What does Litecoin have going for it? Everyone got burned by LitePay and many people have little faith in coins that simply want to be used to pay for things. APIs and Smart Contracts are the future.

Surprisingly and unfortunately BNB (Binance) coin has the best track record over the last 5 months. It just slowly and steadily keeps climbing. It's value is artificially imposed in a centralized manner but it has value all the same.

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Yes, BNB seems high, I guess wait for the next dip?