Buy low and sell high is the first rule they tell you in profiteering currencies, stocks or whatever commodity was the subject. But I say It's not going to matter if you paid 0.20 or $3 for your Steem, the only thing that's going to matter down the road is that you have as much Steem as you can, because in the long run irrespective of price entry points, we who own and are amassing Steem now would be the utmost profiteers for a network of the following inexhaustive reasons:
• The world’s population is growing astronomically over and above the quantity of Steem in circulation and as this continues the increased demand for Steem is consequent against a truly limited supply so much so that the price value of Steem shooting through the roofs is unarguably inevitable.
• Steem is the only cryptocurrency (at least the only one we know for now) that is backed and fired up by a thriving and growing, no less massive social media interactive platform (Steemit). Needless to say we shouldn’t underestimate the infernous power of the social media, let alone the power of an ever active array of human interactions on a dedicated platform as Steemit (Sources say we have over 120,000 active interactions per minute on Steemit so far). More so, is the fact that this human interactions are destined to scale-up most definitely evident by its growth potential.
• Businesses and high networth individuals are seeking out better, easier, cheaper and safer ways to transact and conclude deals more promptly. Hence this scenario, cryptocurrencies are the resort and would be for a very long time.
• Take it or leave it but this is my prophecy, and when it does happen recall I first said it (if at all that would earn me a patent right on the intelligent forecast, whatever – just mark my words anyway): In the future, Facebook would offer to buy/takeover Steemit (the social media platform) for reasons that are not far-fetched but best known to them. This again would culminate in value of Steem blowing through the horizon.