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RE: That feeling you get when you buy more steem power (but know you really shouldn't!)

in #steem8 years ago (edited)

No, I can't say that because that would giving out investment advice! Also you make it sound a bit like a MLM idea, which is not my reason for investing ;)

I bought more because I'm hoping that platform is successful
(and wanted to increase my voting power too ;)). If you look at other social media - if a platform is signing up lots of new users it's good a sign, and one of the most important metrics. What would be the implication of having loads of users? I think that should cause the market cap to go up one way or another as a certain proportion of new users decide to hold onto their steem and buy more in order to increase their influence. If the platform is starting to compete with Facebook etc, and these other social media platforms have much higher market caps, then I'm thinking steem is quite likely to be undervalued right now. But this doesn't mean that the price will go up in the short term. I'm hoping it does in the long term of course, but everyone must make their own investment decisions :)

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Ok friend then i think wait for some times to see how its going and then let me think what to do. Thank you for your opinion.