Quick Profits (Steem (STEEM)) 2016-08-10

in altcoin-potential •  8 years ago  (edited)

Steem (STEEM)
0.00274496 BTC ▼

"buy buy buy"
Right now people are selling STEEM, this is a great opportunity to make a profit. By getting STEEM now you can top up your wallet with more STEEM at a cheaper rate, power up, and increase your chance to become a whale. Another great option is to hold STEEM in your exchange wallet till the rate goes back up and profit again.

Bittrex - https://bittrex.com/Market/Index?MarketName=BTC-STEEM
Poloniex - https://poloniex.com/exchange#btc_steem
Livecoin - https://www.livecoin.net/trade/index

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Buying and adding steem to the wallet now makes sense. Great post @greatness.

In a way, I agree with you. However, it's hard to tell the long term potential of this currency. Regardless of how cheap it is now, it is still a big gamble that rests solely on the subjective value users place on it. I think the convenience of the system and the social media platform of Steemit will ultimately make its value increase, but that is merely specualtion with no solid longish term evidence to extrapolate from.

Unless there is a huge disruption on steem i think the people that are coming into the platform and the upside for this is higher then the risk factor. Investment means taking money that you are willing to loose if it does not pan out. If you are choosing which currency to invest in then choose steempower. if you are choosing to pay rent or invest pay rent. :)

Great post