RE: Best $25,000,000 Investment for 2018?
By comparison, Bitcoin is as high as it's ever been before and many of these other currencies here are as high as they've ever been before. That's generally a terrible time to invest.
Steem meanwhile is at 25% of what the maximum price has already been before, it’s clearly proven that it has much more upward potential than it is at right now.
Sir, i believe that if some cryptocurrency is at its highest ever, it doesn't mean that it is a terrible time to invest in it. This cannot be the basis of comparison as when ethereum first hit $10, it was not a terrible time to invest in it. The basis should be on future applications and media attention and marketing it may get in future.
But otherwise, completely agree with the post. A good one as always.
I think a lot of people are waiting on the sidelines to buy into Steem until the price actually proves that it can go up. All it has done so far is go down, or hover at round a dollar, and until it can prove gains, and keep those gains... people just aren't going to take it seriously @jerrybanfield. 🐳
Everytime is a good time to invest. Dollar cost average, my friends.
For a crypto that is slowly declining every month, you can't dollar cost average your way to success.
This reply was in reference to Bitcoin, which is actually doing the exact opposite of "slowly declining". What crypto are you referring to?
I saw good investment strategy: 50% in bitcoin, and 50% you spread among 3-5 coins who recently lost 10%, and then after you bought them, you sell at price + 10%.
COOL