RE: Cryptocurrency Growth & Prediction Chart #20 Jan 19

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Cryptocurrency Growth & Prediction Chart #20 Jan 19

in bitcoin •  7 years ago 

Great post! Does this mean you like these coins? Which coins of you had 1k to invest in today would you put it into if say by July 2018 6 months from now you’d consider taking it out? Same question based on December 2018,

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If you want to gamble, I think Litecoin is undervalued. Also, I like Cardano. My recommendation is to diversify my in many coins.

I think a more reliable coin is Steem but in the form of Steem Power. You can get 60% APR by delegating or more by blogging. the value is locked to Steem. If Steem goes up, your investment goes up. You will also have a head start over new users in the future when the price of Steem goes up.

well id love a follow if able and potentially check out my posts. Ive posted a bunch and would love the assistance in followers and creating a great community here. As for the Steem part. IF I have $10 in savings in my account of Steem is that equivalent to $10 in steem or is it much more because a steem token is $4.78 etc... so in essence my steem savings is worth $10 x $4.78 ?
agreed I like cardano as well...
would love an add and any other people that may enjoy my posts encourage them to add too. :) thanks so much

Savings and Steem are the same value because it is the same coin. Savings puts a 3 day hold on it for security. Steem theoretically has inflation. Think of it like US dollar. A dollar today is worth less than it was in 1970. If you buy Steem Power, it is like buying a US savings bond. You get just enough interest to protect from inflation. Steem Power comes with additional benefits such a share in the voting pool. You will earn additional Steem in the form of Steem dollar and Steem Power when you convert to Steem Power. I see you have savings. If you are holding that for long term, you should hold it in Steem Power. It will give you more security as it takes a period of 13 weeks to Power down. If you want to stay liquid and still want to have security, then keep it in savings.

Even though Steem has the potential to loose value due to inflation, this is insignificant compared to market demand.

So when I’m provided steem power or steem i should put it all back into steem power if I’m here for the long term?

@socky it’s better to not have savings in steem dollars and to buy market steem to power up your voting power if your here to stay right?