Steemit Value Back on top
Eversince the Bitcoin alts have been on a steady decline, my Steemit account suffered simultaneously reducing my overall account value up to half it's worth, I watched on everyday as the value reduced day by day and affecting my power to vote on quality blogs.
Slowly however, a reverse trend has taken place, increasing my account value back to a reasonable amount, I am still waiting on the AltCoin rise after the Bitcoin Segwit implemention which should double the value further.
If Bitcoin continues to rise as expected all those who had held on to Steem and everyone that invested at it's drop would reap the benefits. My Steemit value has gone back to where it was before the AltCoin decline however has steadily gone back up with the space of a week, I expect further gains to take place allowing me to vote at a greater value which would only help with my development.
I don't know about many users but throughout this last month I have strongly held on to my assets and am starting to slowly reap the rewards, I'm sure I will see huge benefits over the coming month.
Keep hloding people it's going to be a crazy month and if you have already looked into a few cryptocurrencies I would just like to point out that Waves, Bat Pivx, Lisk, Steem and Stratis are still at reasonable value to get involved, that is just my humble opinion and I have spent time researching each individual coin, please do your own research and don't rely on me to give you a healthy return I'm holding for the next 5 years so you have to bare that in mind before you start splashing the cash. :)
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I have no extra money, mostly expenses but the fact that I can convert my creative content into an investment here is a great thing! I am here for the long-haul and will not be cashing out for a few years, even though I could use the money for many things right now... I think this is my best chance...Hope we are both right about the future of Steemit! :) upvoted/already following!
It's got a bright future believe it, if everyone is producing quality content and building on their SP power to gain more recognition on the platform simultaneously with Steem increasing in value. Then the future is definitely something to look forward to. I'm working but all my investments are my investments I really do not touch them, there's no point we only regret it later. @michelleart
Very true! Hands off lol and let's keep this ball rolling :)
I'm ot sure about the hole is passed. If you look on past processes it's definitly possible for the Steem price to drop below 50 cent. Sure i don't wan't that, but i think that could become some really realistic scenario before the market goes to moon and more again.
Hi there, of course if your thinking short term right now nothing is looking good is it? I'm more of a long term holder and it's only looking good. Steem will grow with time. A few months is not reasonable timing for what it's expecting to ache
On longterm I'm absolutely on your side. Cryptocurrency will become omnipresent in future. I did not see some better solution for financial procceses of any kind, yet. But i think we don't need to talk about blockchain is the key for a big disruption, we will be part of.
I was irritated by your article, speculating we have the next bullrun right now, because i don't think so. Would be great, but i guess we will see a big drop in the whole market. Im not sure about the ongoing effects of the segwit2x adaption, but if you look at past movements, it could be possible we see another drop from about ~70% in the market. Maybe im completly wrong or the market won't crash that much, but i keep this possibility in my mind.
Just from investor perspective looking for Buy-In options.
Thanks for the info! I think we are just riding a whale market look into stock candles a lot of the patterns are similar
@jawaida got you a $1.33 @minnowbooster upgoat, nice! (Image: pixabay.com)
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good article , can"t wait for ur next article , go head dear