What is the best investment strategy for the smart contract tokens of the tribes?
Talk to me!
I have pretty much given up on the long-term blogging reward payouts from the Steem blockchain except for the tribes.
The smart contract token investment opportunity is all that is keeping me here on a daily basis.
I am principally a content writer in the social media space, but I like the investment opportunity that has presented itself with the tribes.
I'm not taking this opportunity lightly... I have this weird notion the stable coins of the future are being created for the Steem blockchain by Steem-Engine.
We are not even taking the Smart Media Tokens that will be issued later this year... That will be really interesting to see what happens in that scenario.
So, what're your thoughts about Steem Leo? PALcoin? Sports? Neoxian? Steem-Engine? ...To me, those tokens seem to be the ones that are paying out dividends right now!
I really would like to earn more ENG, if you have any ideas? ...I really would like to know and get started.
I think I am really looking for a real investment strategy... I would like to trade the smart contract tokens against one another... For instance, I would like to take earnings from GG, Geek, MEEC, and Neoxian to get ENG or more SPORTS!
What do y'all think? ...Any way to trade on the Steem-Engine exchange as aforementioned above?
Until that happens, it's kind of hard for me to settle on a long-term strategy.
Right now, I am looking for more than just staking to burn tokens in the hope the rarity will somehow increase their value.
Seems to me there is so much more to this fantastic space in the cryptocurrency ecosystem!
As far as I know, there is no way to trade SCOT A/ SCOT B on steem-engine.
You have to trade SCOT A/STEEM then STEEM/SCOT B.
I sure would love it though :-)
I think there is just not enough liquidity and volume on many of the tokens to make other pairs available. Would be a lot of work to keep the spreads reasonable.
Thanks for the reply... That's what I was afraid of, but so what! ...Steem On!