RE: I'm thinking of a long term investment in steemit, what is your advice?

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I'm thinking of a long term investment in steemit, what is your advice?

in steemit •  8 years ago 

Steem Power has a 90% annual interest rate and it builds up your reputation which will earn you more money.

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8 years ago by

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      ·  8 years ago 

    My advice is to wait and watch the community. You are going to either see a movement towards the mainstream, increased traffic, better posts consistently upvoted to the top, or stagnation. If Steemit looks like its going mainstream I'd invest, if not, I wouldn't.

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        ·  8 years ago 

      Yeah, I agree. It is hit or miss right now, but it is good to be in on things at the beginning. I think it has a good chance especially with the active users growing. As for now I am only putting small amounts of money in that I don't mind losing.

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
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      • Hate speech or trolling
      • Miscategorized content or spam

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