At the beginning of the year, Steem was around $0.15.
If you had asked me back then if I would be happy with $2 STEEM by the end of the year.
I would have said: "where do I sign".
That's a Return on investment of 1200%.
It's true that compared to Bitcoin or another crypto the ROI has been less.
But when I hear other people talk about their investments making 5% a year, I can't find any reason to complain.
And besides that. With STEEM it's possible to generate more STEEM just by having it (blogging, curating, interest, delegation) and not every crypto can do that.
You can add that to the ROI too.
Taking profit
Even though every time I have taken profit in crypto it has been too early. I'm still doing it at certain points.
It's easy to get caught up in crypto euphoria but there is always a potential that the markets are overheated (but they can also easily go way higher.)
My tactic of selling and buying gradually has always worked well for me. It definitely does not maximize profits but it does reduce risks.
Vlog starts @ 1:00
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I joined steemit back in June , that is when Steem was going up anddoenaround $2 and then I witnessed its fall for months and it went to $1 and even under. After months of battle it’s good to see a high of $2.6 today
Indeed! I was lucky to buy a ton when it was about ten cents. Best roi of all of my crypto outside of ripple.
I really need to delegate my sp and find more ways to maximize my investment. Thanks @exyle
IDK about Steem, hopefully will go up. I'd rather have steem go up, than steem dollars. Steem dollar is rewarding celebrity people but not those who invested in the platform.
Somehow you stick to your beliefs and now steem is rewarding all steemians that stick around
Keep
Return on investment of 1200% ??? Steemit is an awesome platform
The 1200% was on STEEM, not Bitcoin. Bitcoin was actually higher for 2017 so far.
wow awesome ............................
God bless both STEEM and BTC, long live crypto.
And congratulation for your 1200% return and I hope you can even make it more in coming days.
You mean buying steem at 4$? :))
I bought at $4, I also bought at $0.08. With the same money one just buys a lot more at $0.08.
Phew, it was a long way to get back to four bucks.
Let me predict the future:
Vlog 182: Bitcoin is flirting with $35,000
20 days! Where do I sign!
Maybe I should have said blog 202 ? Either way, I see it happening. :)
hahaha
Glad to have been part of Steemit and continually invest. Steemit is revolutionizing content creation and I truly believe that in the future it will contend with the giants we now have such as Facebook instagram etc.
Wow great news, bitcoin will be landing on moon. Thanks for your great hope and inspiration to hold bitcoin and also other crpto. You are also right to lowering down the risk theory. Thanks friend you are genius. Have a good day friend.
Thank you. Have a good day too!
Steem is still very under priced now, it has potential to reach $10 soon, glad to see these amazing returns.
Even though bitcoin has been the better investment in 2017, in 2018 steem will certainly have it's moment in the spotlight and we will be popping champagne when the price hits the moon.
I think you missed my meme you wanted to see yesterday so I'll link it here again:
https://dmania.lol/post/cmmemes/everybody-must-do-their-part-for-the-blockchain-zg1hbmlh-4juc6
This is from my meme posting account
I hope so!
@exyle even with the Return on STEEM in 2017 I think that 2018 will even be a better year. If anyone is reading this and is having some doubts about STEEMIT just hang in there and be consistent. It will pay off for you we are only going to grow Bigger.
Hoping for a bigger growth next year! :)
Good Morning Mark, reducing risk is the best we could do. But sure STEEM we HODL.
No matter if they go up or down, at the long run, it will be the best platform, and that we are part of.
I will keep my STEEMPOWER forsure. I have never powered down.
yeah this is excellent suitation for us in steem.
yes, I think you have seen a unbeleivable year.. I started in june 2017.. after that it was terrible for all allts which I bought... did not own BTC.. But I am happy to see now it's getting back again... 2017 was the learning, 2018 the year to shine...
2017 definitely was the learning point and 2018 is the year to make things happen! :)
I hope so man!
I hope you like my #steemcandle initiative.. every day a burn a virtual Steem candle for important things to think about in our world.. This is day #17 already https://steemit.com/steemcandle/@rival/steemcandle-day-17-31-days-of-burning-a-candle-taking-care-of-mother-nature
Excellent video my friend, well that's true steem growth with in a year is exceptional and i think a 2$ growth in first year is not bad at all and it's surely a great return on investment and another cool thing is that peoples can earn steem with the curation rewards and that's to me is a more bonus on their investment and with the upcoming developments we surely see more growth in the steem price soon, i think we still have a very good chance to buy more steem and then hold it because this coin has way more potential and buying and holding this coin now will produce great results for us in a near future, thanks for sharing your nice thoughts with us, Stay blessed
Oh yes, my friend, this year ends for us very well and we are all on a big rise from the STEEM price, an excellent situation and I'm happy about it! Now of course at this price and I agree with you, you need to do things carefully and carefully, with a cold head and everything will be all right! Thank you @exyle and keep us informed of what's happening!
$2.27 right now...it's been trending UP all day.er...I meant $2.29
$2.26 now. It's fine with me!
that's what it is right now.
last night it went up to $2.30
it seems to be going up as we speak.
great info yes
sure exyle we agree with u and also it return 1200% is really amaized and also good and i only say we stay with steemit and steem and sure we get everything of life only from this and also btc is really not for forgotton thats the father coin the so everyone stay on it and will not leave if they want to get some success
Jesus Christ! Steem was once $.15? That gives me so much hope!
In the downtrend last year. It went all the way to $0.07 I think.
i see many blockchains but steem is totally different from all others and it give many of benefits of thier users the mostly users earen steem and hold and get good profit and sure i believe on it the next year steem will rise a big value bcz many many newly people joining steemit and also buy ang get steem from steemit and steemit returen all of us more profit wiht vote rewards and also to rise up steem and sbd @exyle ....thanx to share new video with us like ur everyday
You know Cryptos are doing good when 1200% ROI is considered pretty good. LMFAO
LOL. I guess that true :)
@exyle,
Seriously I missed STEEM at 0.15 USD and I found it around 0.8 USD! Anyway investment on SP made a great profit by SBD price! Hope in 2018 we can see huge rise up of STEEM and SBD based on demand it will take by SMT! Nice update dude! You built my faith on STEEM and now I am enjoying by it very well! Thank you!
Cheers~
0.8USD was still a good price.
@exyle,
Yeah now it's almost 3X :D
Cheers~
Beautifully said. I got in at 1.15-ish about 18 days ago and have already turned quite a profit with the only investment being time. Only good times ahead and the value will only go up. The ROI in the cryptoworld is unheard of by traditional standards.
Congrats!
@exyle This a great post man, congrats on your success! I'm still relatively new to steemit and I'm finding how all of this functions to be completely fascinating. You learn something new everyday! :)
Investing in crypto starting with STEEM is easier because its cheap and easy to get unlike Bitcoin. If, for example, you bought STEEM last month at $1, you've already doubled your money today. Of course, Bitcoin also doubled since last month but what are the odds of that happening soon with the price at $20k
Steem done really well at the end of the year.
Being around the 2dollar marks is good and it will only go up from here.
all the crazy numbers and percentages are not so crazy when you think it's the dollar that's volatile not the bitcoin. maybe not right now but it will be the perspective of the future.
You made the right decision at the right time, have been following your posts since I joined Steemit and you remained calm when the steem price was around 0.8 and you bought them then too. Enjoy your profits!
Thank you!
I really like your positive attitude in your vlog man! Now the sun is also beginning to shine over here so I think this will be a good day. Glad to be part of this wonderful community!
Thanks man! It was a good day.
Yeah, Its went so high !! You always come with realistic analysis !! Always follow you my friend .
You indeed are kind of great while taking profit :)
I have been following you for a while and have seen that you do avoid taking risks while it comes to profit :)
That is indeed great and i do really hope i get that instinct in near future !
Steem on and good news for Steem that is for sure!
Thank you and I good luck with investing!
Wow..if you are doing well and posting at steemit...you can earn free steem basically without any capital. So your ROI is more than 10000% ...in fact it is infinity. Which cryptocurrency apart from Steem gives you this ROI. Continue posting at Steemit...
That is true. I did buy STEEM though in the downtrend last year and up until very recently.
It is amazing year for crypto. Those who are not happy whit 1200% ROI are in my opinion a bit too greedy. And yes, taking profits is never a mistake.
if 1200% is not enough I don't know what is.
I was wondering if you would do a vlog this morning when I saw BTC at $19,559.00 last night. It will be an interesting ride. Greetings.
the real pump in STEEM is still due and the current valuation of 2.25 USD per STEEM is becoz of insane bull move by BTC...you look at steem it the same 11000 satoshi what it was 1 month back....so in my view the real pump is coming in 2018
you @exyle are lucky to get it at 0.15 during it start....and i wish steem will become 10 usd per steem in 2018...lets see...only time will tell..
IKR! Steem has finally started to grow after staying quiet for months. Happy to be a part of it. Hopeful about 2018 too :)
i'm realising massively that i've 'gone' too early on a lot of things. just last night alone changing a batch of dash to btc, lol. learned my lesson there! :) just about to see $20k bitcoin shortly too ;)
I am so happy that my son introduced me to this platform. I only wish he had done it sooner! lol I am very happy with the gains I have made.
It's a very special place. Next year with SMT's I think you will be happy with your gains. (steempower).
what i just say bitcoin is going mind boggling right now and the market cap just keeps on increasing its the best time of the crypto
Steem on fire now, and I think it is still undervalued!
wow Steem Returns 1200% USD in 2017
Yes - The amount of growth is crazy. The technology is very useful so not surprised.
Time for steem, don't doubt about this @exyle
We are given a chance and we must not miss it, there are good times and I like it....
It's good hearing from you, how u have been making success in crypto. I'll say the growth of steem is release improving in price and has a great feature for all steemians.
This datum are crazies but, is amazing and friendly bitcoin the coin more strong of the world
i am looking for a information like that.and you have give me a proper information...thank you
wonderfull info its so tru.