@jerrybanfield This is a great concept. However, not many people have 25 million laying around. Even so, if someone with that amount of money were to invest, then they would dictate what goes on. Wouldn't this make things more difficult for the rest of us on Steemit?
You said you have 100k in Steem. How much money did you put into the currency? It would be very helpful for aspiring authors if you were to share how we could get started by investing.
I don't have 25 million. I don't have 1 million. I don't have 100k. I barely have 1,000. However, there must be an effective strategy to start with a few hundred dollars and build it up.
I look forward to reading the replies of anyone with insight.
Thank you,
Spencer Coffman
Take your $1000, put $250 into each of BTC, ETH, LTC and DASH. Your money will quadruple by EOY 2019 and you will have $4000 at that point.
That is the best way to turn your $1000 in $4000 in next 24 months
Yes, I think that is a good strategy. However, I think there is something to be said about Steem.
It may never be a large crypto currency but investing in it can really help bring more traffic to your blog.
Therefore, it can be great advertising. The question is what’s the best way to do that and make sure you get some rewards as well. Thus, ending up with free advertising and a better blog following.