INSANE Risk/Reward Ratio for STEEM! // Exclusive DTube video
This is not financial advice and I'm not a financial adviser. As we all know, Steem and crypto in general are trending downwards, in other words we see prices falling and Steem is one of the cryptos that has seen severe drops in price over the last 2 years. Believe it or not there is something good about these low prices and that's what I discuss in this video. To summarize, Steem can only go down another 100% before it hits zero so the upside potential is huge with a very little downside risk. In other words, the risk/reward ratio is very good. Of course we all know that Steemit inc. is selling Steem every month to cover costs and that's not making it a particularly good choice for investors, however if this somehow changes and Steemit inc would stop doing that (and announce that publicly) and if the crypto market in general starts to trend up again, which it will sooner or later, then there is a chance of Steem increasing its value once again. After all, all that these prices mean is that the general public agrees that the crypto-currency is worth that much at that time. There are plenty of people who see Steem is far more valuable then the current price reflects. Oh, and then there's SMT's which will hopefully bring some attention back onto this blockchain.
The DTube token sale is also still happening so take a look here: https://token.d.tube/
** Download the Brave browser and get rewarded for browsing: https://brave.com/tan358 **
If you found this video helpful make a donation:
BTC: 1D2gUo3XR7orHhZXdhHUQzBZHyumZpAdN8
DASH: Xkiv7LftcJJr3ppMq3XxLoMGitjPxeACoN
ETH: 0xE0698De7f5b4A5EBA05577368c404a63C1E89DE2
LTC: LYGweAxZaCM2UgnCM8NPJGbLDqqNmiR4ks
BCH: 18DcfHJqosbAbPahumTCGk1cuvabLhmjcs
BTG: GT23nBGU22TcdhjNFtyBc6AbuPVNiDKoPX
DISCLAIMER: This is not financial advice, nor a guarantee or promise in regards to any result that may be obtained from using the above content. The information provided here is for informational and entertainment purposes only. It should not be considered as financial and/or investment advice. No person should make any kind of financial decision without first consulting their own financial adviser and/or conducting their own research and due diligence. ** = Affiliate link
▶️ DTube
▶️ YouTube
I am managing several accounts, manually and automatically curate various tribes, accumulate Splinterlands cards and tribe tokens and generally enjoy the ride. 11 cents for Steem is a steal and I embrace even lower lows. This technology has shown in the past year what communities with enough tools can accomplish. I still believe in Steem as the mother chain for resource credits to power all the cool apps we already have and that will still come. Compare Steem with Ethereum, where Gods Unchained is running. Great blockchain, great looking card game, however, mostly incompatible with each other through slow and pricey transactions.
Even though my account value is way lower than it was in January 2018, my influence in various projects has grown massively. I am a whale now in various tribe projects. All I have, I earned through blogging on Steem and moving most of my Steem into cards during the Steemmonsters Alpha. And even though right now I am struggling to pay the bills, I have a good feeling about sitting on a goldmine. It is already creating so many new tokens on all ends and compounds, slowly but steadily. The key is to power up all tribe tokens and to tap into the inflation of them via curation or various other methods. Cards can be rented away, palnet can be rented out for steemninja tokens and the list goes on. Even if most projects die, some will make it and if Steem jumps back to 1 USD, it will pull up the more successful tribes with it, who might be worth way more one day then Steem itself. A project like SteemLeo is making its tokens rare.
Well you don't have to struggle to pay the bills but I totally agree about sitting on a gold mine! Also the thing you said at the end is so true, when Steem will increase in price it will drag all the things on the blockchain with it and we are so far down right now that soon the only way is up (: