Hot News Contest 11 | Your Simple Analysis Of Steem

I am particularly happy to participate in this contest once again for the the Hot News Contest 11 which is to analyse the Steem. I hope to have more participants in this contest too. I appreciate @fantvwiki for his hardwork and strength in harnessing contests in this community.

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"Based on your simple analysis of steem, what will happen to the value of Steem in the next 3 months? Explain"

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My personal opinion is basically that the steem has been stable for a while now, that has been a major success at the least, I have always anticipated the steem, but in relation to the BTC. The last couple of months, has been tough as it has been low having a bench mark of about $16887. It had been low in comparison to previous periods when the BTC skyrocketed to about $45000.

In view of this, I see the steem maintaining a little increase of about $0.14 to $0.98. I find it difficult to predict the steem getting to $3. It is difficult too, I am not the best of analysts but my opinion is subject to constructive criticism.

source^{could steem rise in the next 3 months?}

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"Based on the state of the cryptocurrency market and the rationality of the situation, would this be a good time to buy or sell cryptocurrency or do you have other response options? Explain"

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Analysis I observed from the last quarter, cryptocurrency has been good, but there has not been any outright up shoot in the bitcoin. Seeing the year is just starting, I would not actually rush into cryptocurrency exchanging.

However, high risks yields high rewards they say, in most cases in cryptocurrency, but just try to risk what you can loose. I just believe the cryptocurrency would elevate this period. The Bitcoin being my sample prototype has not really been stable, therefore it would be patient before buying or selling cryptocurrency.

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"If Steem in the next 3 months reaches a price 6 times the current price, with your current amount of Steem. What could you buy at the value?"

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This is a beautiful development as if steem reaches a price 6 times its current value, I would indeed but the Bitcoin and also invest in the BNB too. I would also explore the shitcoin projects and alt coin projects all to find a perfect zone for investment.

I would swim int the pool of cryptocurrency and make sure I attain success and the varying prices in the cryptocurrency could skyrocket someday and that means I would be making maximum profits too.

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What goals do you have with your steem amount, later in the next 3 months? Explain"

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My goal is to grow on the steemit. Therefore investment and nothing more. If you can go through my club status you can see that I am hearing towards club100, and in no time I would be fully there. I would part in the burnsteem project and also hope there would be prospective increase in the value of trx too. I hope the great benefits if the blockchain would be revealed in due course too.

Finally, I would love to be on the steemit and would love to see steem rise high above the ashes to remain a great token to be explored on the cryptocurrency exchanges in due time.

I invite @preye2 @solexybaba @cryptobitcoins to join the contest. I enjoy reading this publication. It would remain an honor to take on steemit.