Why I invest in Steem?

I am to some people a cryptocurrency newbie, having been involved for only a few years. But I jumped in with both feet and all my disposable income :)

I have already invested in over 30 coins, which has provided me a very intense amount of real world education about crypto. In America we call an education like my cryptocurrency education the school of hard knocks.

I have learned the agony of sending cryptocurrency A to the wallet for cryptocurrency B and realized my cryptocurrency was gone for ever.

I have watched my hard drive die and take my cryptocurrency private keys with it to its grave.

I have seen coin projects die both from neglect slowly and from theft quickly.

I learned about high inflation in staking coin projects reducing the value of the coin massively right after I invested very significant amounts of fiat.

The school of hard knocks is a harsh and expensive teacher. While I cherish the lessons I learned, I remember my fathers words well. You can learn from me when I tell you the stove is hot or you can learn by touching it and getting burned. When it comes to learning about cryptocurrency I have my share of burns.

Based on these experiences I learned through that crypto currencies come and go, seemingly with lifespans of fruit flies which are measured in days. And coins with no use case were my biggest mistakes, coins with ghost developers or “hit-n-run” developers who make coins, mine coins, sell all their coins and then vanish...

There are so many abandoned coins that there are websights dedicated to listing them. There are also coins which specialize in uniting communities of abandoned coins in their community.

These are the reasons why I am here investing in Steem. I will make a bold statement. The majority of the cryptocurrency market is like being poor and living in a 3rd world country, it sucks. Being in the Steem coin community is like being middle class in a first world country like the USA.

Being here after being a newbie in the crypto jungle I feel like Steem is amazing. Steem has not just one use case, but several. Steem has not one developer but several hundred! Steem has a huge active community, Steem has DAPPs, Steem has so many positive attributes missing from your every day coins. Steem is like a beacon of light in the darkness. I know that sounds dramatic, but the differences between Steem and your average Alt-coin are dramatic.

I have lived life in the crypto jungle and this “the Steem Community” is truly an oasis, and a highly advanced cryptocurrency civilization.

Stay thirsty for knowledge my friends.

✍️ written by Shortsegments

Read other articles by me on the Steemit Social Media Platform, where writers get paid for their content by the community by upvotes worth the cryptocurrency, called Steem.

Read my Steemleo investment Blog

Please follow my Twitter Feed Here

Shortsegments is a blogger or writer on the Steemit platform, where writers, photographers and video bloggers, along with other content producers get paid for posting their content. Steemit is a decentralized social media platform on a blockchain called Steem. A very important difference between Steemit and centralized platforms like Facebook, Instagram or YouTube, is that there isn’t a central authority or owner to take your account away from you and your account can’t be deleted. You are the owner of your account. Find out more at this Link

Steem Onboarding helps you apply for an account and is a series of videos which explains how Steemit works. You don’t need to understand everything about the blockchain to post content and our Onboarding help is available in six different languages.

😅😊

Posted via Steemleo