I am young and looking to earn more and more profit with exponential high returns from the crypto currency. I started looking at crypto currency before 2 years and keeping eye on the trends of them. I see people are more and more enthused in investing crypto currencies now a days. I too, love to invest in them and research for the short term and long term returns. We all have questions like: Where to invest? Which gives more returns? Which one is better? I tried to cover few here.
Bitcoin, most popular bit coin is at real high in value and cannot be afford now for all people. It is said to reach 20-30k in a year but it takes long to double or gain high profit as it reaches new heights. And also scares you when the spike will reach bottom again like bubble blast. Before one year very few know about Bitcoin and it was lot cheaper around 700-800$. Before few years it was almost 100$. If you purchased that time, you can have best returns. Now, you cannot have that much return in short time. Its not easy to purchase 1 Bitcoin now a days for all.
Steem, growing very quick and its market value is increasing very rapidly too. Before one month (21st November, 2017) it was around 0.91$ and today its around 4.0$. Its 4 times return in 1 month. As per my market research it is going to increase rapidly in upcoming months. It would reach around 10$ in January, 2018 and higher in upcoming month. Look at the following graph for more details.
If you look at the Bitcoin, on 21st November, 2017, its price was 8200$ and today its 16000$. Only doubles your money, while Steem gives you more returns compared to Bitcoin and other.
For the long term investment, I suggest Steem instead of Bitcoin, Ethereum. Are you planning to purchase some crypto currency? Don't wait, go ahead with the Steem. To lower risk in losing money crypto currency, learn to invest in multiple currency instead of only one.
Feel free to discuss your thoughts here.
As I predicted steem is going up and high. Its over 6$ in the first week of January, 2018
Yeah, it seems like going high and will earn you good return. It's nearly 7.5$ now
Welcome Mukund and good points, check out my post and look at use cases for XRP, IOTA, NEO as well and keep sharing more !!!
These are good but I believe Steem is better than the NEO and IOTA in near future in its market value and compared to bitcoin and dollar value.
You are correct, Mukund
Please upvote and resteem it. I am new here and need your help. Thanks
You are correct