Hello everyone I wanted to talk to you about this cryptocurrency social network steemit.com namely, about steam dollars, well, and discuss the entire project as a whole. Many people already know that you can earn various cryptocurrencies on this project: steem, tron (trx), as well as steem dollars. I am a beginner myself and I want to understand everything in more detail and share my thoughts with you, I hope someone will be interested in this, but those who have been engaged in this project for a long time, let them correct me if I write something wrong.
Image source: https://cryptocoinnews.ru/kriptovaljuty/steem-dollars-sbd-kriptovaljuta-obzor-vse-na-odnom-sajte/
I will try to write on the case and without too much water! Someone has been working on this project for a long time, and someone recently, like me, but I think they should both think about making money here and what it all looks like. I want to start with the fact that here, as elsewhere, you need to work. The more active you are, the more opportunities you have. Many people know that here you need to write comments, put likes, make reposts and write posts, which is what I am doing now. Here is the power of the voice the power of the steam the higher it is the higher your voice in the network steemit.com. This is what you get for your activities. And you also earn cryptocurrencies, including steem dollars, which you can withdraw to fiat money. At the moment, steem dollars costs $ 8.40 and is the main earnings here, but its rate can change dramatically in any direction, and this worries all participants of this project and, accordingly, affects their earnings in this network.
Steemit.com it started its work in January 2016. And this year he turned 5 years old. Of course, initially it was not so famous and only recently began to gain popularity and more and more new users began to appear here. It follows from this that this project deserves attention and over time becomes only better and more reliable, which means that its cryptocurrency, too. Now we will return to the topic of Steam dollars and see what happened to him throughout this time.
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Image source: https://www.coingecko.com/ru
From the same chart on the site coinmarketcap.com we see that the minimum threshold is fixed, and its price does not fall below $ 1 for the entire time. Since it is pegged to the US dollar, and this makes it very reliable. And we also see on the chart 2 time periods of growth in the price of steem dollars, one of which is happening now. The difference between them is 2 years, and the first one lasted 5 months. And then you need to understand what will happen now and what will happen a second time in the second segment? There is no need to speculate, but the big picture clearly shows us what to expect in the future. A drop in the coming months is more likely, according to statistics. This is just a guess, and whatever happens to the price of steam dollars, the most important thing is to know the information, whatever it is. And based on this, analyze and make the right decisions. But in any case, I believe and see that it is becoming more reliable and stable, and I think that over time, the falls will occur much less often, and I hope that it will still surprise us all with its high growth! After all, the success of the project and its cryptocurrencies will depend only on us, which means that our success will depend on you!
Support each other and, if possible, be active in the network, and you will succeed! Love what you do and you will achieve more! I wish you all the best and good luck!