For people who are Crypto investors, now might be the best time to invest!
Right now steem is sitting at $0.94 USD!
Back in march, Steem dropped to around 5000 satoshi's (value around 7 cents) then rose to a high of around 88000 satoshi's by mid June. Had someone invested $100 in march and sold in June. The person would have made a 2860% gain on their investment. In simple terms, 100$ would be $2860 in about 4 months.
It'll probably get lower than that sometime soon.
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@wolvesabyss got you a $2.36 @minnowbooster upgoat, nice! (Image: pixabay.com)
Want a boost? Click here to read more!
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yup, I think its cheap, just buy now
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Exactly
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Yes agree I think now is a good time to buy a lot of different quality cryptocurrencies. For the past couple months everything has been slightly overvalued but now is a great buying opportunity. Look for projects that you feel will be around for the next 5+ years.
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yep i agree. its a gamble but I can see steem rising in the future
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This post received a 1.7% upvote from @randowhale thanks to @wolvesabyss! For more information, click here!
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Congratulations! This post has been upvoted from the communal account, @minnowsupport, by wolvesabyss from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.
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Thanks for sharing this! I'm pretty new to steemit, so I'm still pretty confused on the currencies. I've tried reading guides, but I'm still a bit lost between Steem and Steem Dollars. And I think Steem Power is just the "authority" and "value" behind your up-votes, right?
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Steem is just like a coin. SBD is like money you can withdraw any time. Steem power is how much stake you have in the site. It will decide how much your likes/upvotes give. Hope this helps clarify.
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I appreciate it! Thank you. So 1 Steem is like saying "1 BTC" that you can buy/trade/sell? SBD (Steem Dollars) is like Steem but you can withdraw? Then does that mean you can't withdraw Steem? Sorry I'm so noob!
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SBD is a currency on the site more like dollars while steem is a digital commodity like gold and has a higher volatility. They can both be withdrawn through exchanges like blocktrades or bittrex.
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Gotcha. Thanks! Appreciate the run-down. :)
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This post has received a 10.28 % upvote from @booster thanks to: @wolvesabyss, @wolvesabyss.
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