Everyone is sad with the current market situation, we saw btc falling down to less than $15k and with that almost every other crypto currency faced the same downfall.
It is what it is and we must face the reality and plan for future accordingly. We are currently observing the bear market and you can very well convert it into a opportunity for yourself by taking the right decisions.
I will talk about steem i.e the native token of Steemit blockchain. The token is currently trading at approx 18 cents ( $0.18) and if you have been familiar with steem market you will know that steem is far away from it's all time high.
Steem can make you rich by 2025 and i have very strong points to support my statement. For that we have to look into the statistics and chart of Steem token so let us do that quickly.
So according to this chart steem was $8+ at its ATH and compared to that it will gain 4500% approx if it goes back to it's ATH. I am not going to ask people to believe me that if steem will go there or not but let's talk logically.
The Btc is predicted to break the 100k barrier in next bull run that will probably be seen by 2025 and if that is true even steem will break records. We have seen steem touching the $1 mark almost every year since 2018 and keeping that in mind even if steem makes it to $1+ it will be almost 7X from it's current price.
Here is a quick stat regarding steem token.
Looking these stats i can say that steem is one of the most safest investment you can go with. The concept of social blockchain might come into trend because of elon musk taking over twitter and if that happens who can deny the fact that steem is one of the earliest social blockchain on earth.
At last i will say that these are my opinions based on my analysis and little knowledge. I do not force anyone to invest and i suggest that anyone who feels like investing should do their own research as well.
Thank you
Lets hope for the best for Steem. Steem will still skyrock but we don't when.
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I just hope steem performs well in the next bull run. It has what it takes to outperform other similar tokens.
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Hi , i just voted for the witness you mentioned. I hope that is how i can support the witness program.
Thank you
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Thank you very much for you cooperation.
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I will don't know what the future holds but it is possible for the price should to go beyond it peak.
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never say never and so you are right. it was when steem was not too old it went that high so now it is older and better with more userbase , why not now?
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