Steem is a good hold even if it never went above 1 USD. Its been an almost passive income for me. But now at its current value its become as profitable as a minimum wage job at least. If this continues to go up at all then this platform will have eclipsed even what I can do when working for a bigger company. Guys, this is fucking crazy.
One thing I have been doing is also using my SBD to invest in other coins. And the market has been so good that even those coins are going up a lot.
I don't know if I should be fortunate or scared that this is too good to be true.
edit: I went through and dropped some 2 dollar upvotes on people for fun. To kind of celebrate I guess. Cheers to everyone who has been posting real content on here!
enjoy the ride, but we are at the height of a roller coaster.. right now it's up. Don't quit your day job ;)
Game design is my full time gig. But its hard not to laugh that the sales of my game have been a lot less than my steemit earnings XD
Wait, are you still with DE? Or did you leave? I thought that game was a side project...
Nope I left DE awhile back.
Are you still in the area? I'm making plans to be at Tennocon, and I want to buy you a beer. I owe you that for the Latron Wraith and Vauban models you procured for me.
Enjoy steemit journey!
The price of Steem can reach $100 with the current rate at which it is booming and i advice you should hold onto you Steem because I think there is a brighter future ahead for Steem and all the cryptocurrences. Invest as much as you can afford and also put risk in mind. I am also happy with the rate at which crypto are going up. Cheers
I never had a plan to leave steemit. Frankly it would have been fine even if the coin stayed at a dollar each. It was still an excellent passive income.
I think with Smart Media Tokens locking up Steem tokens at a rate much faster than the inflation of Steem, economic pressures will push the prices up over the next 12-24 months. It will depend on just how much demand for SMTs there will be. We may have come up to much to fast in the short run through. I would expect a pullback. But there will be a lot of buyers if it dips sub $4-$5.
I don't know what to think either about the high price of SBD especially! But I hope it remains this way for a loooong time because I am loving it. Steemit is turning out to be one of the best things that happened to me in 2017 and I am going full force at it in 2018. Recently revamped and upgraded my blog... with earnings getting more serious, it's time to treat Steemit more seriously also!
My advice to you is to diversify a little bit. Take some SBD profits and secure them in other crypto's.. I'm not sure the high SBD price is sustainable since it's supposed to be pegged to the price of one dollar..
I put some into Doge and Sia lol
Its working out for me!
It's pretty entertaining to watch! I'm not exactly heavily invested but it will still be cool to see how it all plays out.
I couldn't believe it either. The fact that I didn't follow what's going on with steemit for like 3 months made me put up a really surprising face when I saw the price at this point. I can only hope it's going to be even better in the future!
Hey Castle, did you check out my review my dude?
What a ride to be on.
That is what I'm starting to think too regarding how it makes more than a lot of jobs at this point... Obviously I am just a minnow starting out but the amount of Steem users generate here compared to how much it is worth is staggering! A lot of money to be made and the platform will hopefully continue to rise still too.