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RE: Why I am Backing Up My Portfolio and Loading it with Steem.

in #steem8 years ago (edited)

I am able to see the value of steem but not in the short term. Like you; I will not blindly buy into dilusional optimism or an overhype. I like to do thorough research about a particular investment opportunity before making any such critical decision. Because I am able to see the current and future advantages of using the steemit platform; I am not skeptical for those who are constantly whether on optimism or careful research.

Regardless; it is difficult for me to convert any of the already-bought altcoins for steem. They too have promising longterm and shorterm benefits. What I plan to do though, is invest in steem from the % profit made by the other altcoins I have in possesion.

Steemit has the potential to surpass Facebook; but not in the way people think. Instead of just a social network, Steemit is the bridge (still in construction); between the Social and Cryptocurrency world.

I however fear that steemit may have just been an experiment as a much more improved social platform can be built on the EOS blockchain. However; the fact that many alternative and improved coins has surfaced to replace Bitcoins, yet it remains the leading and mist valuable cryptocurrency, is a bit comforting. A large part has to do with the amount already invested in Bitcoins and its already established popularity. Steemit's very nature being a social platform means the rise in awareness of steem as a cryptocurrency will surpass Bitcoins .

The future is brighter than ever!

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I can't wait to see what can be rolled out on EOS.