just buy steem. You will gain passive interest, plus its a great platform and for steem to double it just need to get over $2. for bitcoin to double , it needs to get to over $6000...
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just buy steem. You will gain passive interest, plus its a great platform and for steem to double it just need to get over $2. for bitcoin to double , it needs to get to over $6000...
Assuming you have 100$ in SP and make 0.4% of your SP every day by upvotes and comments excluding Blog earnings. By compounding your earnings daily, in 6.2 years you could be a millionaire if you do the math.
Also upvote with maximum power whenever possible, it almost take 2hrs to recover from a single vote. So ideally total upvotes per day should be 11 to 12 only.
plus steem inflation. The platform is only getting more popular which will drive up the price of steem
Absolutely more value for SP in your Balance due to price rise will shorten the period of becoming a millionaire. No harm in dreaming but do not rely on it as the only source. Keep investing wisely...
Thanks @themystic
That's some great info to know. It feels like there are so many little "tricks of the trade" to learn on this platform.
I'm following you now and hope to continue seeing valuable contributions from you.
Thanks mate. I will do my best. Cheers!!!
Yea, I here what your saying. Steemit is the place to make your investments right at the moment. I post stuff everyday, but sometimes have trouble getting upvotes. I keep posting though!!
Upvote with maximum power whenever possible. It take 2hrs to recover from a single vote. So ideally total upvotes per day should be 11 to 12 only.
I will support you on this! We;re different to bitcoin!
Please Elaborate.
Which of the steem should i buy?
If you are an active member or like posting / upvoting or commenting on SteemIt then powerup to SP as your rewards are relative to it.
If you are looking just as an investment, Steem or SteemDollar is good. Both has its own advantage. Steem is the liquid currency and will rise as the demand rises due to popularity of SteemIt. You can transfer it, spend it, or Power Up into SP.
SteemDollar is used for stabilizing the price which represent about $1 each in value. You can hold them and accumulate a 10% return