Hey y'all! My name is @alex-icey and I'm a 14 year old cryptocurrency investor and steemian based out of California. Nice to meet you, if you haven't discovered me or heard of me yet. I haven't posted in a while, but I figured now would be a great time to post. As you may or may not know from my previous posts, I have been investing in litecoin recently because I have good reason to believe it will skyrocket. But that's beside the point, I just wanna show you my investment in LTC so far.
So as you may see, since my last investment update, my wallet has grown a little. And thats not the only big thing that has been happening lately. Lately, steem and SBD has skyrocketed. Right now, steem is about 7 or 8 bucks, and SBD is around the 9 or 10 dollar range. Damn, i remember when steem was worth about a dollar. And for a while now, i've been saying that steem and SBD was going places. And would you look at that? It is. Now here was what I thought about steem and why I believed it would go up in the near future: for one, steemit is getting more and more popular by the day, more and more people are joining and exchanging/purchasing steem more and more. Basically, steemit is becoming more and more popular, which if you use your common sense, the more people that join, the more demand there will be for steem as a cryptocurrency, so the more that there is a demand for it, it is going to go up. Now that is just some basic thinking.
What do you guys think about steem or SBD? Do you have faith in it? Do you think that it will go up even more, go down, or stay about the same. Because honestly, I think it is going to be a great investment because by the time steemit goes mainstream, its probally going to be expensive for steem or SBD. Just saying. Supply and demand kids.
I think Steem with keep gradually climbing, but like all cryptos it's trajectory is like the path of a yoyo - up $3 followed by down $2 - repeat that pattern.
The hardfork 20 and the Koreans have got things pumping at the moment. $8 was awesome, but now I expect it to drop a bit before climbing again. Hoping for $10 in a month, but I'm always optimistic about Steem.
As a contrast I expect Bitcoin to become the new Myspace this year.
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Yeah, i really hope steemit becomes huge! ;-) then all of us who got here early will be in a good place on the platform
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#UpvoteForUpvote?
Thanks in advance.
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