AskSteemit: What's the best crypto purchase/investment you've made?
Having been around crypto since 2013, while mainly focusing on BTC at first I was fascinated by altcoins. Back then there weren't this many around and you could follow most pretty well while having time for other things too. Nowadays so much is going on with adoption and new projects you need a full team just to be able to focus on the big projects development and news.
It has been a surreal experience though, seeing it all unfold and taking this decentralized innovation by storm. Although I always had my hopes up, I didn't expect it to happen this quick.
Through many investments and trades followed by a lot of hodling and reading, there have been some coins that I've had a pretty good timing with when to buy in. One of my proudest purchases, although not as much as I would've wanted to, is Steem.
I managed to buy a few thousand during the 6-7 cents period.
What made this special is that you can do so much more with Steem than just have it lay there and appreciate in value and that's what I love about this currency and still have high hopes for it!
Here's to this turning into an even better investment than what the returns have been so far! :)
What is your best investment, Steemians?
Absolutely no question it's been my investment of time on Steem. As a guy with literally no money to invest, I mean I was living in my dad's basement basically when I joined here, its pretty amazing that I have 1000 Steem tokens to call my own AND the income stream that continues to generate more.
Maybe before that, the smart thing was all of the reading of difficult documents like the bitcoin white paper, then Nick Szabo essays and Vtalik Buterin's stuff and on and on. That wasnt easy but that was probably why I knew steem was such a big deal when I saw it.
Curious to see other people's answers, this is a good prompt.
I hear ya on this @heymattsokol ! Steem is certainly not my biggest or most successful crypto investment, but it is one of my favorite. I certainly put more time into my Steem investment than anything else. For me, Steem holds the possibility of showing world what crypto looks like beyond just monetary exchange. I've made the personal decision to post all of my short fiction writing (a professional hobby for me) on SteemIt to underscore my commitment to the platform and to hopefully be a positive player in the "proof of brain" space here on Steemit. This platform certainly has its issues, but I'm game, I'm here to do my best to add value to the platform and to show the world that content creators can own their own content and profit off of it without have to pay the intermediary leeches or give up their privacy. Go Steemit!!
The great thing about Steem is if you use Steemit as a content creator then your investment isn't just paying off when the speculative price goes up, but you can actually make a nice income creating content, like you do. :D
https://steemworld.org/@acidyo
You can EARN several thousand per week making great content AND reap the benefits of the speculative asset on top of that.
People can actually DO SOMETHING with their investment.
That's amazing. I am not that old in crypto, but I have bought ADA when it was a few cents, sadly I have bought it again and again until the last time I bought it a few days before the crash in January :)
I have bought Steem a few days ago when it was 1.37$
I am a serious guy writing about science, space and engineering and I believe in Steem. I even have a little project to help rural communities by bridging the gap between them. Offer education and reward good use of the education. Eastern Europe, Romania here, I still don't know where you are from but I am reading you usually.
Keep supporting the communities! Cheers!
I am very new to crypto and steem became my very first crypto holding. Sometimes i wonder which planet i was in all this years that cryptos and the blockchain technology started off.
On the positive side, since i joined steemit in late december last year i have been able to get a little amount of bitcoin, eth, ripple, tron, dogecoin, bts, ada etc. All in little quantities.
Getting to know about steemit has been the most positive thing that has happened to me since i graduated from school. I am hoping to grow here and invest as time goes on.
This is so real! and this has very good future prospects, the diverdification of the currency is a project that achieves independence and that really is great, in June 2017 was when I met the cryptomoneda, then the btc was around $3000 and I got to buy a small portion, it was great to see that my investment had great results in December of the same year so it has been my best purchase.
BCH, bought it at $300 :)
My best investment is steem. Because I didn't pay anything for it lol!)
Apart from bitcoin, i bought electroneum at a very cheap rate.
However my favorable investment has been on neo. I bought at a very cheap rate n sold at a very high rate.
I got into crypto last November through this platform. It was only normal I started with steem. Though I didnt invest my fiats, I used some of my sbd earnings to purchase steem then at the rate of 0.2sbd/steem. The best investment I have done in crypto so far because few weeks after, steem rose to almost $10.
Nice to see you here, fellow SteemSTEM writer. Great job with that buy, now I wish I found out about Steem earlier :P
Cheers!
It's never late about steem to be honest. Just power up more than you cash out and you might be smiling soon. Acidyo has always been my man and you will most of the time find me around his blog. :)
Nice!
I have a better practice! Just cash in, author the best I can, and never cash out :D
What would make me the happiest would be to be able to give rewards of 1$ and up.
personally i'll give it to ripple and steem
i got ripple in large quantity last year and sold off when it was above $2, i was able to recoup my capital and started trading. hasnt been a bad journey afterall. so far, so good.
And as for steem, thats why i'm still here. it has been good, it is good and i'm guessing it would still be good