Hacked.com™️ Discovers Steem's Potential || About The Competence To Manage Smart Long-Term Investments
Finding a way to capitalize on the potential of the Steemit platform and the current Steem prices could be incredibly lucrative.
That's how the writer and entrepreneur Alex Moscov concluded his recent report about Steem published on hacked.com: Steem: Long-Term Potential Worth the Risk?
What I enjoyed most about this article was that the author underlined the direct correlation between the investment opportunity and the solution the product is actually offering. He focussed on a series of factors of growth that weren't merely reduced to prize charts.
The essential value of Steem lies in the products that will be built on its blockchain and their ability to revolutionize the internet.
Picture kindly provided by pixabay; logo ©️ hacked.com
We need to concentrate on the big picture
It was a pleasure reading hacked.com's article about the potential of Steem.
There was a change in perspective. It was one of the first publications I've read in that context that revealed the growth outlook of Steem as a smart solution to an existing problem, not only looking at its prize charts.
Alex Moscov enumerated numerous growth factors for Steem and Steemit:
Finding a way to capitalize on the potential of the Steemit platform and the current Steem prices could be incredibly lucrative. My bet is on the opportunity outside of just market forces surrounding Steem. The Steemit platform is far from nearing how big it could potentially be. - Alex Moscov for hacked.com
We may not forget that the creators of the Steem blockchain followed a vision that was far beyond setting up a new social media website.
Steem is not Steemit.
The Steem blockchain provided the basis for Steemit.com. Yet, it was actually designed to be more than that: it's a chance to regain control over our own assets, enabling us to transfer money from one point to any existing point in the world - safely, fast and without any fees. Steem as a crypto currency also enables us to respond to a loss of control over our own assets in the existing financial structures.
Steemit is a showcase, proving that it works.
Steemit.com is an excellent solution built on the Steem blockchain, responding to a worldwide problem of content monetization. Still it's only one of uncountable solutions that will follow in the future - and here's where the investment potential actually lies.
Creating unbiased content often comes at the expensive of the content creator. The audience expects high-quality stuff but isn't so keen to pay for it. Steem offers a solution by giving value back to content creators.
The Steem blockchain provides the basis for future applications that will all contribute to the tokenization of the internet, thus the revolution of value creation and transfer.
Long-term investors believe in long-term solutions.
The decision for a long-term investment is driven by the growth potential of a certain product or solution.
Here's another great Warren Buffet quote that applies in that context:
Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.
The long-term commitment requires you to buy, hold and maintain selected assets going through any type of ups and downs, dealing with eventual setbacks and loss.
Solid investment requires to concentrate on the outlook.
A harder challenge to overcome is a behavioral bias to focus on the immediate over the prolonged. We typically make decisions based on current values rather than an overall strategy. - Article: What Long-Term Investing Truly Is
Sometimes we just need to do one step back and try to look on the bigger picture. I'm glad even the media is encouraging us to do that more often.
The more believers, the merrier.
I hope you enjoyed the read.
Best, Marly -
Thanks for your valuable time!
This blog was launched at the end of July 2016
aiming to provide stories for open-minded
people who enjoy living on the edge of their lives,
stepping out of comfort zones, going on adventure,
doing extreme sports and embracing the new.
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Original content. Quote found on geckoandfly.com.
Excellent write up, Marly! I love how you highlighted the distinction between the potental of the STEEM blockchain and the Steemit site. I think the long term investors and holders are creating the real value here and in the long run will be well rewarded.
Thank you, Luke! Receiving such a compliment from you means a lot :-)
I fully agree. Those who believe will definitely be rewarded.
I have to agree with the author in that the steemit platform is far from nearing how big it could potentially be. I think buying into and being a part while nurturing one's progress/account is a tremendous move on acquiring, building and preserving a part of one's wealth. Steem IMO is a wonderful part and example of a diversified basket of assets. I also like to say that I feel as though I'm holding for the long term and ignoring the lean times of steem with it's continuous ups and,as of late, downs. I don't want to look back in the future and feel like one of those who got out of BTC at $1 after buying it for a fraction of a penny to see it where it is today. Patience is a virtue as has been said to me by many in my life. I suppose this is the message I'd convey here. I would like to say also that unless one is living off steem the "forget about it" policy works well here as the people within the community are by far a better asset than the steem itself. The wallet is really a bonus in my eye's. If one participates well the wallet will build itself.........
Thanks for your valuable addings, @stillwater!
Nicely said. Also I fully agree on "patience is a virtue".
Once people have understood that steemit is just a showcase, maybe they'll stop worrying about unimportant details.
Some users spend days analyzing other users' voting behavior. To me that is impressive in a negative sense. They just don't get it. This is a beta website, forming part of something much bigger.
Have a great Monday!
I still love everything you do! The steem price is up a bit - maybe the article you found is having an impact.
Thanks for your compliment!
The article was published on the 27th of November. I guess any positive news is good news and may have an impact whether in the short or long term.
This write up is as enchanting as the gif at the end of your post.
Encore!
This is one of those write-ups that every sentence golden. You could just pick a random line and expand on it
Wow, thanks for such a nice compliment! I'm glad you enjoyed the read.
Steem on :-)
The potential of steemit (and steem) is really great. But the train has not yet left the station. Remember your interview with awesome @knircky. More reasons have to be discovered to buy steem. And the whales should no more support so many quick outcashers.
My urgent recommendation to everybody:
Power up and power up .... one day your stunning personal profit will come. And at this time the eary outcashers will be very envious.
I'm pretty sure there will be a lot more reasons in 2018 only by launching SMTs. The Steem community has a lot of loyal members. Even if they cash out some money to improve their life standard (which from my point of view is totally legid), they'll come back and re-invest. That's at least what I've got from several conversations.
Steem on
@surfermarly thats really nice read, tank you for the recommendation!
I agree with you:
Steemit is just a showcase and we already have a lot of other apps built on top of steem blockchain, like utopian.io, in which I'm very excited about!
You are welcome, thanks for stopping by :-)
By the way: I won't vote your comment since you already upvoted yourself. Usually I would have given you an upvote of 20-30% which means $0.2-0.3. So if you leave a comment in my blog and upvote yourself you are literally losing money...
Steem on
No problems, I love your content!
your hacked discription, your lecturer really nice,
Wow, That's a good idea. I like that.
Which idea?
your creation is so nice .....finding a way to capitalize on the potential of the Steemit platform and the current Steem prices could be incredibly lucrative,,,,,thanks for your blog
Thanks for repeating my text...
welcome
That was ironic, man.
Other people may downvote you for such behavior. It's not very well seen on steemit copy pasting other people's text. Since you're new to this place you might not know. Now you do. Good luck!
The future of steemit is good and secure.