If your on Steemit you probably already know about Steem and cryptos even if you don't know much. But every one understands the potential and power of Steem we are still in the early days of Steem and Steemit there is plenty of time for growth, everyday the Steemit platform gets thousands of new users and just the other day they broke the 20,000 mark for number of new users joined in one day! This should show just how fast Steem is growing.
Steem is growing and everybody knows this but it is still undervalued which is why it has still got a fairly low price for the coin, everyone is waiting for the day more people recognise its value and there's mass adoption even bigger than currently. When that happens the price of Steem will rocket as demand becomes more and more.
So why should you buy more Steem today? Dips. Overnight like many other Cryptos Steem had a dip, a lot of uneducated people think this is bad and become scared, some even sell there coins fearing a full crash, however I and many many other people in the Crypto world see this as a golden buying opportunity! Why? Steem will 99% go back to its price in a few days and then of course it still has potential to rise even more. So as the old saying goes buy low and sell high. Currently on coin market cap Steem is at $3.45. ( https://coinmarketcap.com/currencies/steem/ )
It will not be at that price for very long it may drop a small amount again but soon enough it's going to start rising once again, so if you have some spare fiat money that you do not need I suggest buying some more steem and if your going to hold it long term like me you might as well use it to power up your account. Remember though only purchase some Steem with money that you do not need otherwise if for some reason you do lose it you won't be left in a bad situation.
That's why you should buy some but why should you hold it long term? Like I said Steem is in its early days which means it's going to grow and when it grows the price of Steem will go up, Steem has real value a purpose which is why it is not going to go away it will continue growing. When mass adoption takes place Steem will rocket and people who bought it when it was low will feel the rewards and if you keep it on steemit you can keep growing alongside Steem.
Another reason you should buy and hold Steem is for the reason that Steem can be used to make Passive income, You can either power up yourself and receive curation rewards or you could delegate your SP to a bot! This does not only help you but also the community. Voting bots are used by many and they earn sbd if you delegate SP to the bot you will receive a share of that sbd depending on how much you delegate. It's simple to do and if you want a more detailed post on how to use voting bots and delegate to them let me know in the comments and I'll make one.
