With the multiple declines of all currencies at the international level, I realize that there is no exact balance at what time you must have your money in a physical currency, in 2014 in my country "Venezuela" with 345,000 Bs to buy my house that is located in the tip of Mulatto La Guaira.
In this year 2017, with 345,000, what you can buy is a kilo of meat, this brings me to reflection, thinking that if there had been steemit then, I would have invested a part of my savings, in this medium. The money I had saved was like water in my hands and I could not even enjoy it.
Why save on steemit.
If the economy of your country at this moment is stable, it is totally safe to invent in this platform for the following reasons:
The STEEM DOLLARS is a very stable currency whose value will be a little less or a little more than a dollar.
STEEM POWER is the currency to acquire value as a user in the platform, although in this currency is invested I consider it profitable.
- STEEM is the top currency and its value tends to rise more than the dollar or lower less than the dollar.
But now if we have our money in STEEM DOLLARS while the steem is below the dollar, we are already insuring our investment based on dollars. But if we are smart we bet the steem will raise its price, turning our STEEM DOLLARS to STEEM.
As soon as the STEEM raise the price and we would be won what I call "interests" being more intelligent we would return our money to STEEM DOLLARS adding or multiplying the profits.
In order to simply have money on the page and make several transactions our monetary power will not lose it on the contrary with some intelligence and fortune we can multiply.
All this without counting that you can have interrelations with the community and have the support of those who have more time in the platform getting more money.
So you keep on storing in your personal wallet and providing more profit on a daily basis.