Steem trading at 1.21 USD as market dips due to possible Chinese ba...

Hello guys,

We are back here again at the uncertainty of Chinese ban on exchanges with market reaction taking a dip into red numbers. In my opinion, this might negatively impact any Chinese based crypto in the near short term as well as possibly long term but established cryptocurrencies are just giving us a buying opportunity as they are way below their potential levels. I am a fan of few projects with huge upside potential with one being Steem as of now being traded at 1.21 USD. Great post was written by Hive account@fyrstikken (Each Steemian can own 714 STEEM to their name TODAY, and then we have run out of coins!) some 3 days back where he gives his reasoning why Steem will reach 1000+ levels in years to come. That certainly is a very high target which might or might not be reached. That price seems kind of high and insane right now but if/when steem goes mainstream it certainly is possible. Nevertheless, if it only goes to 10, 20 or 30 USD the profits to be made can be quite enormous. However, the real wealth building starts if you add the rewards from your posts, powering up and letting the compounding effect to work on your behalf. There is no other crypto that makes you money that I know of besides NEO and its "dividends" in form of GAS but considering the Chinese ban I would definitely stay away from that one. The choice is yours but do not get left behind. Please trade at your own diligence and proper research. This in in no mean an investment advice.