Why I believe Steem is the best investment now

in steemit •  7 years ago 

I believe in Steemit!

Yesterday I wrote a post asking the community what they think the best investment is at the moment, and I was very surprised to see not that many people said Steem Power. I am a firm believer in steemit and think it is currently the best investment opportunity out there right now. Here are the main reasons why:

It is social media!
Social media is big business! With Facebook being the number 3 most used website on the internet behind google and YouTube. When social media is done correctly, it takes the world by storm. I believe that Steemit is a better service the Facebook in many respects, and it will only get better with time.

No adverts!
Advertisement is obnoxious! Even if you are one of us who uses Adblocks and other such techniques to avoid adverts, it is only superficially stopping the problem. Facebook still sells all your information to advertising companies. Steemit, on the other hand does not. There is no shadowy corporation spying on your posts and selling information when using Steemit.

Getting payed!
Pretty obvious one here, instead of the platform making an absolute fortune off the backs of it's users, Steemit allows you to get paid for your time. A pretty big deal in my opinion!

We are still in beta!
Steemit is still in it's infancy, we only have 200k ish followers! As the website improves and adds new features, more and more people will hear about Steemit and join. This will mean that Steem as a currency will be in much high demand, which in turn will raise the price.

Steem is cheap at the moment
Steem took a rather massive his these last few days, now is a great time to buy, when Steemit gets more traction you can bet your bottom dollar the price will be higher than it is now, and if we are to believe the likes of @jerrybanfield it may hit 10 dollars in the near future.

Conclusion

I believe in crypto as a whole, however I am most interested by crypto that has a use outside of just being a currency. Steemit, BitShares and from what I have read about EOS has an actual purpose, which in and of itself create additional value. These are the sort of projects I get the most excited about and the ones I believe have a bright future. I believe now is an excellent time to be investing in Steem, and I hope you are all making the most of this 'sale'. I want to thank the people who commented on yesterday's post, I got some interesting view points, some I agree with and some I don't, but sometimes getting opposing opinions is the smartest thing to do.

Happy Investing!

Viking

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what are the arguments against steem in regards to dan, my most trusted friend in crypto currency is very cautious of steem and dan.

can anyone explain

I agree steemit is way better than facebook, that's why I barely use it since I startes using steemit. Steem might hit 10 dollars ? Well if it did happen, most of us would be rich !

I don't know about rich, I think the average user only has a few hundred steem but I get your point haha

Yeah but like the active users who are earning daily, they will bank really good if that happened :D

Well yeah that's true. That said I can easily see steem going higher than 10 dollars in the next 5 years.

True. And with all the projects that are coming like Zappl for example, I believe steem will simply explode in terms of price.

Zappl is a very exciting situation. I have high hopes for it.

Me too !

I think it is an excellent investment! Who wouldn't just want to share about things they enjoy and find interesting and be investing at the same time!

Agreed!

I believe what you're saying is right, it's a no brainer really. Who would use Facebook when STEEMIT is of the same quality if not better!!! You are getting cryptocurrency for it at the same time.
I know where I would put my money, if I was to bet on it.

There's no centralized censorship here either, and your content isn't going to be filtered out by the same entity. I have seen those things happening on Google+ and Facebook. My hope is to see Steemit replace all social media sites, and it should because it is a better.

So true.

I signed up for Steem last year but never used it. Just started using it when I realized I still had an account. It is quite addictive.

I am sure you folks have discussed this ad nauseum, but why is there not a search function? Also, I think a better sub-topics layout would work. If you wanted to discuss litecoin, you click on cryptocurrency, then litecoin and then you get to choose between sub sub-topics like Charlie Lee or segwit.

I agree, but don't forget we are still in beta... I am sure these features and a lot more will be added in at some point.

steem could hit a 100$ easy in the next couple of years, great platform, dont see why someone would stop using it!

100 dollars would be nice... it's just making sure we attract as many people as possible to steem.

Ok i'm a long-term crypto investor! I started to buy steem and $.25. And I am using the platform, which has been awesome ! At first when it started to go up I was excited because of my initial investment. Then after using the service for a little bit of reading and photography I was like wow. My next thought was I hope steem sells off so I can buy a bunch more. Then power it up!! So as of right now my top five investments that I want to add to our steem , digibytes, siacoin, EOS, Bitcoin, and I had a shit ton of like going each time it's spikes!🚀

I'm investing in crypto for the long term too, but I'm still learning about Steemit and all of the huge implications it has. Unlike some other crypto out there though, Steemit has a valid service behind it. It has intrinsic value. Social media isn't every going to go away either. Why not come here as a private investigator and residential security expert to profit from my hard work instead of letting Google, Facebook, or some other platform profit from it? As many people have said already, it is a no brainer, right? :)

Great response I totally agree!!