Check The Use Case Of Crypto Before Investing

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Whether it is any cryptocurrency without use case it is not valuable. If you buy something then first you check the utility of that thing because you want t o take benefit from it that is why it's important. There are many shit coins in the crypto market which are scam and they have no use case.

No utility makes them shit coins. If crypto has any utility then it will be valuable otherwise it will not and steem is best example for you. Steem has many use cases and that is why steem is very valuable and strongest cryptocurrency in the crypto industry.

It is true that we lack mass adoption but similar case with the overall crypto economy. Crypto market is still small when we compare it to other market which means mass adoption era is not arrived yet for the cryptocurrency field. So that is why we can't expect mass adoption for steem.

Steem seems easy for us because we are getting used to it but it is extremely difficult for the people who don't have knowledge about cryptocurrency. It does not matter how big blogger or content write you are but if you don't have the knowledge of crypto then it will be difficult to use blockchain services for you.

Anyway, you have to be careful when you investing in new cryptocurrency. Check the team of that project first and then tokenomics. After you complete these steps just read a whitepaper. Now after you completing all these steps you should have known about use case of that cryptocurrency.

So once you know the usecase then you have to wait for sometime and see how they implement it. If you follow these steps then the risk will be minimized but risk is always there because this is crypto and crypto's second name is risk.

That's all for the day and I hope you understand why you should Check The Use Case Of Crypto Before Investing. Please resteem and share this post. TakoAna signing off.