Greetings again dear readers, a few days ago I took by surprise the PAL airdrop and in fact I decided to make a small investment in PAL as everyone learned to read in PAL. previous post. At that time I was just doing some tests among which were publishing, commenting, voting, investing, powerdown and others that were enough to make the decision to invest a little more. But today I want to express why I'm investing and what my expectations are, that's what this article is about.
It's not that I'm an expert on the subject of crypto coins, in fact my life in the world of crypto coins revolves around steem because it's the only one I've cultivated for almost two years because I've seen good results and it's been a great blessing to my life. As many people know, I come from Venezuela, a country where inflation reigns and basic needs cannot be covered with a normal salary as it happens in most countries of the world, so many of us have opted for other alternatives and in my case steem has been perfect.
Investing was impossible when I started on this platform but with the fall in prices is possible today, in fact I think it is the perfect time and in my case after discovering PAL investigate a little more in steem-engine and discovered the existence of many alternatives.
I decided it was convenient to invest a little more in PAL and went on to explain the reasons that led me to believe this:
- The price is currently low, this represents an opportunity for those with little purchasing power as is the case with Venezuelans.
- It's a token launched by @minnowsupport, since I'm in steem I've seen them work hard for the community always contributing to all those who needed it and I know that behind this project are involved important and responsible people which generates reliability.
- I think that the price will increase very soon if we take into account that many who received their tokens in the airdrop are selling, the time will come when those sales cease, then the market will register purchases from investors who have detected a promising future in PAL.
- I still find it incredible that I can win steems and at the same time win another cryptomoneda derived from the same activity, it is an additional gain that nobody wants to miss.
- It's a long-term investment that I'm sure will pay off.
Those and other reasons are the ones that have made me invest more than 900 PAL (which is enough for me considering the small amount of resources I have).
I see it as a way to save money by making some profits, although it is known that investing in crypto currencies represents a great risk (what some say to scare investors) particularly I think that crypto currencies are worse than they could be and that makes it the best time to invest because I hope there will be a significant rise in prices, the truth is I do not know how late in coming but I'm sure it will come and I have a lot of time to wait and more if I make profits while I wait!!!
Another token I have in my sights is LEOCOIN, I know there are many tokens compatible with steem and I'm anxious to meet them all, so when I get home from work I read a little to be up to date. Today I read about LEOCOIN and in summary is something similar to PAL, today I read a bit about the introduction and some rules and although I was not present for the airdrop maybe I encourage me to invest, but for now I think I can afford to earn some tokens writing about my adventure with PAL, then we see how everything goes, maybe there is a lot in steem-engine to be distracted, I chose PAL as the first test and maybe I have in mind to LEOCOIN. Maybe I'll distribute my steems between steemit, Palnet and Steemleo.