"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." - Warren Buffett
What's up Steemians? First off, I am no financial advisor (Thank God) and this is just advice on what I think may happen in the next several weeks. 📆
The current price of Steem is around .87 cents on coinmarketcap.com and as you may know the last several weeks, lots of ALT coins lost value. 📉
Many Investors were selling ALT coins and buying Bitcoin preparing for the Hard Fork that starts next week. As you can tell, Bitcoin made a huge parabolic run to $7500. 💰
I think Bitcoin can still go to $8k this week (Maybe). 😳
In my opinion, I believe there will be a 30%-40% correction in Bitcoin as many will dump it and go back into ALT coins because many will think they can get more "Gainzzz" by doing this.
When this does happen, I can see more investors going back to the Top 50 ALT coins that did not have a rally yet and guess what?... STEEM will be one of them. 📊
With the new Steemit Site and all the good info about SMT tokens being introduced, there will be way more interested Investors wanting to invest in Steem.
I can easily see Steem make a run to $1.60 or even higher by the end of December or even faster... doubling every steem or steem power that you own. 😎
So in other words, tons of money can be made and your Steem Power will Double if you start Stackin (buying) that awesome Steem Power now. 🤑
Remember guys, this is just my opinion and I believe this will happen. What do you guys think? I'm I just dreaming and hoping that this will happen? 🤔
Keep on Stackin and Steem on! 💞
Always depends on time.. 30-40% within 1 month with steem i think it could be possible.
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Timing is everything 😬😀
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2018 is going to be Steem's year! i have a strong feeling that will be true.
With SMT and the platforms built atop it that's going to make the news.. Its a no brainer Steem will bounce up from the disgustingly undervalued price that it is now.
it really is the time to POWER UP POWER UP POWER UP!!!
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It is very possible but really hard to tell and judge. While it seems like that is what will happen we have seen the last two hard forks have a short sell off and then bitcoin hit a new record within the same week after the hard fork takes place.
Bitcoins market cap continues to increase and become more dominate now over 60% while it was 40% just 2 months ago.
There is also talks of yet another fork for bitcoin now towards the end of November. Which might end up keeping people in bitcoin or bail. Its really difficult to tell at the moment.
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Yeah, people will start getting immune of the hard forks in 2018. bitcoin is currently parabolic, always a correction regardless of the markets. :)
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So you are saying to sell BTC to buy alts and Steem? And miss the runup on BTC? Trade you one dead horse for another!
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Now has the time come to accumulate steem power. That is why I am doing only 100% power up posts. If steem is under one dollar that is the smartest thing you can do.
Full 100% and resteemed :-)
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Good job! Thanks to @azizbd you have planted 0.05 tree to save Abongphen Highland Forest in Cameroon. Help me to plant 1,000,000 trees and share my Steem Power to the others. Selfvoting is prohibited, but that should be the reason to spread the world to protect our precious environment. Check out profile of our conservation association @kedjom-keku and the founder/coordinator @martin.mikes to get more information about our conservation program. My current SP is 14291.56. Help me to plant more trees with your delegated SP.
Thanks a lot,
your @treeplanter
www.kedjom-keku.com
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🤑 🤑 🤑 time to power up ...
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Time to post once a day again lol
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lol
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yeah... grab as much as you can :d
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The people I'm mostly hanging out with down in minnowland do not have money to invest. I think the best way to get ahead here if you are in that position is to try a lot of differnt strategies to succeed.
One of them that I have in this old post is about leasing delegated sp as soon as you have enough sbd to get your total sp over 500.
I'm keeping my sp about 1300 now and increasing fast. I had 60 of my own when I started and now have over 200 in only 2 months since leasing.
I think this is a better bang for the buck for new minnows compared to buying a few sp here and there. My 11 cent vote makes a difference in this crazy place where the big guys vote at 1%. I outrank a lot of them when I vote and this helps my curation rewards.
You have to want to curate if you are trying to make the best of your sp. The curation league by @abh12345 is a great place and I have learned a lot by participating.
Make Money Blogging on Steemit Top Tips and Checklist for Better Results!!
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Those whales upvoting at .1% make me mad x.x !!
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It's disappointing and I would love to know their strategy. But we can help each other from down here and with the help of sharks. I have a lot of hope for this nuthouse :)
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A friend says their strategy is just to leave a mark... U.u who knows...
And sure, only by helping each other in minnowland and with the help of the cool guys we can make it better here :)
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Great idea about leaving a mark. I'm trying to stay in my niches for that reason. It's easy to get distracted though :)
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Good job! Thanks to @azizbd you have planted 0.05 tree to save Abongphen Highland Forest in Cameroon. Help me to plant 1,000,000 trees and share my Steem Power to the others. Selfvoting is prohibited, but that should be the reason to spread the world to protect our precious environment. Check out profile of our conservation association @kedjom-keku and the founder/coordinator @martin.mikes to get more information about our conservation program. My current SP is 14291.56. Help me to plant more trees with your delegated SP.
Thanks a lot,
your @treeplanter
www.kedjom-keku.com
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Yes! I agree a shift will happen after the next BTC fork and steem is likely to be boosted with other top alt coins from money flowing back from BTC. Nobody wants to pull their money out of BTC and put it in fiat currency so they will shift it to alt coins because they want to stay in the crypto game while hopefully locking in some profits before the next downswing. So its not about HODL BTC its HODL inside of the crypto space.
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Yes, Billions will be going into the ALTs, get ready :)
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The price right now seems a bit bleh. It's hard to predict what will happen with the price of Steem
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I love the price right now, getting them or earning them is cheap 😀
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It is certainly tough to say for sure. It is very possible for sure! There are tons of exciting things happening on the STEEM blockchain as I just found out about dMania.lol which is a meme site. There are so many ways to connect to the STEEM blockchain and with Steem Connect v2 out it is making development for 3rd party sites way easier for the connection component.
The timing is going to be tough. I just wrote a post about how complicated this SegWit2x situation is and there are all types of scenarios that could cause some major issues for Bitcoin (Original Gangster) and Bitcoin SegWit2X.
I think prices could certainly hit $8,000 as well and when to diversity back into alt coins is a tough call. I would actually love to see STEEM hit $0.70 in the next couple of days and I would likely sell a larger chunk of my Bitcoin and sit in liquid STEEM.
It is going to be fun, scary, and exciting at the same time!
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you have very great views you have very great views on this steemit community we hope that by the end of this year the price will be $2.
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dump.. and the more new highs?📊 😎??
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Higher highs comin 🙌🏼
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You're right on. I'm going for it. Let's do it.
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Let’s go 💪🏼🙌🏼💯
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Steem is a great deal at the current price. Good points.
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Great price!
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Great advice man! If you think about it, it does make sense. Good time to load up on some cheap steem 🤑 I just resteemed 👍😉
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Yeah, I don’t expect people going back to fiat currency at all 😂
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This is plausible. I have my target set relative to Bitcoin. I Don't price my crypto in USD. If it hits my target number I will back up the truck. I think BTC will hit $8500-$9000 USD over the next 8 days.
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What about now... interesting times. lol
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The quote you have there is in my opinion essentially the number one important thing when it comes to investment. If we are controlled by emotion we will never make a good investment. It's better to be rational and realize that now is an excellent opportunity to buy Steem.
I agree with your reasoning and I do think once people get their forked coin, bitcoin will see a big dump in price while it will raise all other boats in the alrcoin sea. Steem most certainly being one of them with all the good news and development.
In fact I think Steem is just ridiculously undervalued right now
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there is no hard data on if steemit will be one of those. I don't know how many investors will buy an altcoin without analyzing it. But if you did, steemit would appear as the best choice because the product that it seeks to deliver already exists.
Only for that reason I would agree and I am SERIOUSLY debating selling off my BTC position and buying SBD. however which is the best to buy SBD or STEEM?
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steem. sbd is set to be close to equal to US dollars.
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Buy STEEM while it is undervalued. SBD should always hover right around $1.00 USD, that is the intent of the coin. But STEEM should end up being more valuable than SBD, so buying STEEM now should work out better as a long term position.
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Steem is slowly swirling the toilet. The "botmosphere" is killing the interation from "real" people.
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There still tons of people who interact like myself 🤣
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Ya this is possible.
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Presently all alts have been ruined by BTC but opportunist see it as blessing ...collect some good alts and just wait for BTC correction and multiply your investment ....its buy and HODL time and then ENJOY
)
(
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That’s the truth 🙌🏼
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That is what I was telling a buddy about Litecoin. He is upset he has so much LTC because it has stalled. Well I told him after BTC gains slow the money will rush back into the alt coins and his LTC could double in value. Just today LTC went up 12%. So hold your alt coins for a couple more weeks and potentially buy some more in this time of stalled growth in alt coins.
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I can see litecoin making a huge move in 2018
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got it ;) thanks for the advice
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I try lol
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I may purchase in the future, however I am trying to see what I can build my account to without any outside help.
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It’s going to be tuff but can be done 😀
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I also think that for the end of the year it can also touch the 2$! Let's hope :)
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I can see that also 🙌🏼
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I am in:)
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Great post.
A lot of money will come back to ALT coins after the fork IMHO
BTC may still stay up however, I think it depends on media & how much 'new' money comes into crypto.
But BTC is definitely leading the way in getting the word out.
If only I had $ to invest & or could find a way to get the little avail visa FIAT I have into crypto anon! - The gov does not need to know IMHO
Regards
Crypto-Zombie.
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You can try to earn them by being on steem 😀
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I am buying Buying Buying
I just Bought over 600 Steem and Powered up my Account and my girlfriends account
Let's double up the value!
Thanks for encouraging us
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Double up time 🙌🏼
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It still depends on how the investors out there perceive Steem and its potential. For now, my strategy is to keep on Steeming and don't power down. (much conservative)
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All I know more money than ever is coming in the crypto markets in 2018 🤑
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Haha come come to Steem!!
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I`ll hope you are right. Its will be massive for us.
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Be prepared 😬
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That is indeed a good theory and hope it does comes true buddy !
Will get as much as possible and hopefully the Steemit platform is increasing everyday and will get a use of the SP !
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The STEEMIANS can make it happen :-)
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That i totally agree !
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I think you're right, now is definitely the time to invest in Steem. Right now the cryptocurrency world is in a massive state of flux as everyone speculates around the bitcoin hardfork...but one thing I am certain of is that Steem is here to stay thanks to how rapidly Steemit is growing and how quickly sites/applications like Zappl and APPICS are being introduced to the Steem blockchain.
I see Steem sticking around for the long haul, don't you?
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The SMT tokens will bring so many more investors into steem :-)
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I agree, I am looking forward to seeing the SMTs really cause Steem to blow up! :D
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Why would the price of steem go upto $1.6 within a month. I though the price will go up after Steemfest but it has got nothing to do with the investors. I'm still hopeful that the price will go up, and Steemit as a platform is awesome.
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Everyone is in bitcoin now but will go back to alts coins after the hardfork next week 😀
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I agree with you on STEEM but not on BTC. I see a pullback but not 40%....
I can see maybe a 20% pullback towards the $6000 level.
There is a lot of Wall Street money starting to filter in....the fork will end up being a joke with BTC prevailing.
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I think it will over shoot under $5k, maybe so I can pick up on the cheap lol
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The price of Steem is at 0.87? No wonder why my post got 25 upvotes put only 8 cents
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No worries, your still gathering steem, as it goes up... you posts are 3x 😀
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This market is crazy we need to be ready for anything that can happen. Good or bad. But i also think the Steem value will grow exponentially ❤
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Tooooo the moon in 2018! 🤑
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yeah... that is why I want to get some more this year. eheheh
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Probably its possible. But i dont mind.
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It will happen 😎
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Thanks for your tips as i know that is good.
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Double steem power! I like it the your post
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Double baby! 🤑😎💯
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I think your logic sounds reasonable, Bitcoin is sucking up all the capital before all the forking action this month, and yes other alt coins will rise after people start dumping the big bad BTC after the forks are done. Hopefully, and probably they will go back to the alt coins!
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They will, the other alternative is the fiat currency no one likes lol
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I don't think it will be 1.6 it will be 2.6
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Lovin the optimism 🙌🏼
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Uhhh, if the price of steem goes up, you don't get more steem power, it just increases the value of it, right? Maybe that's what you meant, but it would be better to just buy steem if you are trying to bmake a quick profit, I think, because then you wouldn't have to power down
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You get more steem power 😬... as steem rises, everyone voting value goes up 🙌🏼
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Well yeah you get more in USD, right.
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I also dreamed like you. Hope it happens. Best wishes for you @stackin :-)
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It will become a reality 😎
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I hope you are right. That is my strategy right now. Buy as much as I can. I think the 14th or 15th may be the best day to buy. We will see.
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I see lots of people doing that, I would pick up the alts this week 😬
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you got the power when you buy steem power.
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That’s the truth! 💯
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I am waiting for the best moment to buy the most Steem I can!
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Right now is a great time 😀
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I wish I had bought yesterday!! But I didn't for whatever reason (mostly because I thought would be cheaper today)... But it's still a good moment, isn't it?...
I am waiting my BTC to be usable in Bittrex to purchase :) ... but... if tomorrow is cheaper??!! o_O
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Buy low sell high keep @stackin
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To bad most people do the opposite lol
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It is very possible.
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It will 😬
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hiii @stackin, yes you are right saying. useful article for us. your advices and instructions are no doubt worth. thanks for sharing valuable stuff. keeep it up.
steem on!
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Apppreshhhh!
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I dont really believe end of this year steem will hit 1.60 usd.
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Nice post .i like your post
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nice info thanks
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Really, I refer @stackin.
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It Is Possible But..
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Thanks For Your Informative Post.
thanks By @busyman
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really nice post
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Nice post ty iam new in #steemit
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Bitcoin is on an uphill. It may probably hit $10k by end of november...
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Congratulations @stackin!
Your post was mentioned in the hit parade in the following category:
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I think I will buy some steem when I have some liquid cash again. Hopefully soon. Its a great platform and I would love it to overtake some of the other already established platforms like fb, twitter and others. Nice post.
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This post has received a 17.18 % upvote from @booster thanks to: @stackin.
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amazing post we like keep it up
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