Just Purchased $2,000 USD Worth of Steem...Am I Crazy?

in steem •  8 years ago 

Aloha Steemers,

Happy to be here and excited to share with the community why I think you'd be crazy not too not only contribute to this community but INVEST in it as well.

Honestly, it was a no-brainer for me to invest in STEEM right now because not only is this community experiencing massive momentum but so is the Currency that backs it.

It's obvious that the developers of Steemit have struck a chord in people from all walks of life. With the ever increasing popularity of this platform it's only a matter of time before the price of STEEM skyrockets and the market cap explodes.

In fact, that's already happening...



The bottom line is that we are stepping into brand new territory as a species with Blockchain technology and by combining the power of Social Media and Cryptocurrency these guys have created something that not only has exponential potential but is already proving itself as a powerhouse in the marketplace.

So, what are you going to do about it?

If, I were you I'd drop everything you're doing right now and pickup some STEEM today because it might just make you financially free in a very short amount of time.

Aloha,

Jayson


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You are one of the reasons why all my steem got sold out on bittrex today, and now I'm holding 2 BTC waiting for the price of steem to go back down to buy back in, sure I made a nice 40% profit, but it sucks to hold bitcoin and watch the price of steem keep rising.... thank you for investing in steem, and hopefully I wont have to buy my steem back at a higher price than I sold it

I bought too! I'll be holding long term though, I'll see how the market moves and might be able to swing trade it a bit. Otherwise, I think it will keep rising.

I skimmed the whitepaper several hours in the past. Mention was given to why STEEM should be converted to SP and SBD in order to mitigate dilution over the long-term . Plus, today Bittrex has activated an SBD market to complement the STEEM market.

If people truly believe in the platform, they should buy STEEM on the exchanges and then convert to steem power.

Love my Steem!

Nope!

All depends on how deep your pockets are.
Alternately, No, Steemit will be the Reddit of the Crypto Community.

:) I'm hoping I get enough votes to cover my investment.

And when you say invest, are you just trading/holding Steem or turning it into Steam Power?

I suppose time will tell. Kudos on having the balls to pull the trigger though.

What have I got to lose? Dollars :)

This image suggests you did NOT make a mistake:
Screen Shot 2016-07-09 at 11.24.07 PM
imageupload

*shrug* Any investment can be crazy, in the same way that almost any investment can be smart. You bought $2000 dollars worth of Steem? Who am I to judge?

The only real question that matters is "Can I afford to lose the money I have invested?" If the answer is "yes", then more power to you.

Yes, obviously. Gotta go with my gut on this one.

I think you convinced me to buy some too buddy ;)

I'm new here and still trying to grasp the concept of this whole thing, but I'm impressed with how much it grew in such a short time. This reminds me of this site called bubblnews which was pretty popular when it was around, but the idea here seems much better

It's a 66 cents now at the time of this comment. I'm up $320, I'm looking at it as more of long-term thing. Plan on hanging onto it and buying more.