When you hear that a certain crypto made a 10x 50x 100x gain it is very tempting to want to move some Steemit funds out to the wild casino that is the crypto market. But let's not forget the pros of powering up and increasing our stake in Steem and Steemit as opposed to trying to catch that one crypto rocket that promises to take us to the moon- let me tell you why.
Steem is a solid and very stable crypto, that is partly due to the fact that it is a proven technology that has been up and running for quite some time now. It is not one of those coins or technologies that says it will be the new "Ethereum Killer" or the new "EOS killer". It is not one of those coins that promises to be a fast a new disruptive technology with instant payments.
When you send sbd or Steem it will arrive within seconds. When you post on Steemit you are using a disruptive technology. It's all that it promised and more.
We have to widen our minds and realize Steem is more than Steemit, there are many other things using the Steem blockchain:
- Dtube
- Zappl
- Steepshot
- Utopian.iu
- Dsound.audio
So while other cryptos talk about changing one aspect or two Steem is revolutionizing and tokenizing the entiry internet and all social media. Just wait for SMT and there will be an avalanche of new projects on the Steem blockchain.
So while it is tempting to take some sbd or Steem out and buy other cryptos. Please know that many are very speculative and here we have an absolute no brainer - Steem won't be great in the future - it is great already - people just have to catch up with that reality, and slowly they are.
So before that happens and everybody rushes in and Steem becomes much harder to mine or buy - make sure to build up some more steem power.
If we move 10 years ahead into the future and we would look back, I am sure so many people will ask themselves; "why didn't I invest more in Steem? It was such an obvious home run !" This is a very important moment and what we choose to do with our Steem and SBD right here right now will be important.
Sure I have taken some SBD of the market recently with the spike in price, but I am back to hundred percent powering up now. It's always good to not put all the eggs in one basket, but having said that, among all my eggs this is my golden one and I think it has the ability to change all of our futures here - we just have continue believing- and of course to continue Steeming!
(All illustrations are made by
me and you are allowed to use them as well, as long as it is for the promotion of Steem and Steemit)