RE: What a great time to get on Steemit! $1.05 sounds banging

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What a great time to get on Steemit! $1.05 sounds banging

in introduceyourself •  7 years ago 

Hi DragonOnCrypto, nice to know how you chanced upon here.

It should mention that, even while the prices of Steem has been declining (or stable) it was not necessarily a bad investment during that time. If you have your money in Steem Power, you're collecting a lot of interest that makes the investment more worth it. Steem is a kinda inflationary currency at the moment due to its witness rewards, posting rewards, and steem power rewards. So even if the prices are just holding where they are, the overall value of the network is actually increasing. Hope that makes sense :) I have an older account with some steem power and to my surprise, its estimated value is now higher than it was during last year's price pump.

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