This is not just for those out there who are looking for a better and a more improved system to invest in for long-term purposes. Before I go on with this post, let me make it clear that I am no financial advisor and if you are to invest solely on what I point out in this post, then you'll be doing that at your own risk.
Now that we’ve gotten that out of the way, let me start by pointing out a few reasons why I am making this bold claim.
What the hell is cryptocurreny?
It is a new kind of payment system used by the blockchain technology. Lately, there have a lot of shitty coins popping up into the system and if you do not take time, you might throw away your money. The money we grew up with, the fiat currency (cedi, dollar, euro, pound, CFA and the rest) as we know it is designed to lose its market value as time goes by. In the year 2010, an item could cost $1000 will today cost more than that (say, $1300). This is how the system has been rigged by governments all over the world so they can control how much money circulates in the system. So if you are involved with a particular blockchain application, you will need to have the crypto associated to it. Just like the EOS blockchain uses EOS token or the Bitcoin blockchain uses Bitcoin as their cyptocurrency.
Why steem?
The steem blockchain,even though at it’s infancy has proved beyond doubts to be an ecosystem with juice unlike litecoin or dodgecoin which have been around but people do not know what it actually stands for. The steem blockchain through its maiden application Steemit has paid approximately $35 million since its advent to it’s users popularly known as “steemians”. This is proof enough that the system works and it is still in beta mode.
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One of the challenges it the platform suffers is how its sign up process is carried out and sure there are a few setbacks related as well but keep in mind, no system ever created is perfect but when the steem blockchain is to be in comparison with other blockchains, it will surpass almost all. You don’t have to take my word for it ,you can do your research and find out. If you are on this platform, know that you are blessed to be part of the early adopters. Imagine if you had the chance to invest in facebook or bitcoin at its starting point. Imagine how things would have been different for you now. I see the same potential in the steem blockchain and it’s high time people saw it too.
I personally have done some investment with the platform out of my own free will and it has paid off unbelievably. There is some speculation amongst the whales that the steem token could go up to $100 by Christmas time. Supposing it turns out to be true just as it went up to $8 last year December, how would you feel then. Do the calculations and remember it is barely 2 years old and there is a whole lot to come.