Hello friends, how are you all doing today, hope that you people will be fine and doing great in life. @afrizalbinalka organized a contest into entrepreneurs community, can steemit rise again to a better position as it was in the past.
"Steemit vs Dollars"
"Steemit vs Dollars"
In the past steemit was on a great position as compared to this time; where steemit is between $0.17 and $0.18, back there it was $0.6. it rose in 2021 but again came back to a lower value. As experts expects the rise of steemit in 2025, I believe that it will rise again and will benefit a lot of people. As the market price rise the investments in steemit will increase again and will give a huge market cap to it and will be famous between many people.
Q1: What are your prospects for the STEEM coin in 2025, will the value of STEEM skyrocket higher or even fall from its current price. Show how you analyze using candle sticks of the exchange you use?
- These candles suggest that it will rise to $0.4 in 2025. I expect about $0.3 in the first quarter of 2025 but as it is mentioned that after 4 years golden coin is given so it may rise to $0.4 or $0.5. This is monthly graph so it suggest good fortune for steemit users in 2025 because it may rise in these days.
Q2: If STEEM coin skyrockets sharply, what steps do you want to take from now on? Do you want to buy it as a future asset or are you going to sell it?
- As expectation shows that steem coin is going to rise so it is better to buy these coins, the best thing is to buy these coins and keep it for future. The best thing is steem coin is that it does not have a sharp rise and sharp drop so it is the better coin to keep your coin. When Bitcoin is falling so the option is to save your money in steem coin because it don't have a sharp fall as other crypto currencies.
- However, I will buy steem coin and as I discussed that when other cryptos are falling I save my money into steem coin so still I have the money there, but as it is expected that the coin is going to rise to I will keep them there and also invest more money into it and sell them when the coin rises.
Q3: Will the rise of STEEM continue and become a cornerstone of the global financial system, or will it be forgotten?
- Now this a probability question and I will answer it as in a probability way. There is no global coin famous as bitcoin. Bitcoin is used as global financial system but the problem is that the owner and the transaction is unknown, so there are hackers and other users whom use it for blackmailing benefits from it because the transaction history is hidden. So it difficult in that way but it is possible the steemit can become global financial system after 20 to 30 years. Moreover, the Dollar is on the top of list so it will give steem a tough competition.
Q4: What are the right steps for the growth of STEEM, and how to attract investors to invest in STEEM (explain in your own words)
Currently steem coin is roaming around 0.18USD, it should rise to attract investors and steemit users. As users increases so it will be recognized globally.
- For attracting users, steemit is the best platform for it. It has a great diversity but it is not enough. Attracting investors, minimum members in a better community should be 100k so that they can contribute to the steemit ecosystem. Steemit classes arrangement for new users on YouTube and also YouTube channel to explain new contests and tactics of steemit.
- Moreover, there are some countries where steemit is ban or there cell number is rejected when you make account so steemit should tackle that and allow these zones to have access to steemit. In my country Pakistan; our number is rejected as a number, most of the people uses foreign numbers and codes to create account, so these issues should be unbanned to grow steemit community and also bring investors to it as it become known to many people.
Q5: Provide a conclusion in the description of this contest.
- Current price of steem is $0.18 and expected price according to me is $0.4. Rising of the price in 2025 of steem will increase the market cap of steem coin and will attract more users which will benefit directly and indirectly steemit users. As it will be a significant success of steemit and steem coin.
Inviting Friends @paholags @abdul-rakib @neelofar
Thank You
Thank You
Upvoted. Thank You for sending some of your rewards to @null. It will make Steem stronger.
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Your prediction for the price of Steem coin is okay, which I pray we should see such price next year.
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Yeah, I also expect that price and it will help us a lot. Thanks for your comment.
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The STEEM coin was at its peak at one time, so some people made big sales, resulting in a deep price drop.
From the market that you show is not very precise and does not determine the right direction and line in 2025. However, this is a forum or challenge for steemians to be able to analyze every hour or in the next few months, I hope this step will be an example for them so they can provide important information for all users.
You have summed it up well and I appreciate this goal and hope it will happen soon. Thank you for participating in this contest and good luck to you
Grade: 9.0
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Many thanks to the Steem Entrepreneurs community users who shared the original posts. We hope your contributions continue to inspire and strengthen the entrepreneurial spirit in our community.
Kind regards,
Steem Entrepreneurs Team
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Thanks for sharing this forecast. I hope Steem's price will increase, attracting more investors to this platform.
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Yeah, we believe it may rise and the contest was about the rising of steem coin, which is beneficial for us and also steem market investors.
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well done bro for such an insightful post it is nice for you to share this with us
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Thank You bro for your precious comment.
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