Hello Guys, This is CryptoCover and today we are talking about Steem Coin, its feature prediction and why we should invest in steem ..
Before investing in steem, it is better to having knowledge of why we should have to investing into steem and why steem is unique from others so let’s get started with it.
How Steemit is different from other Blogging Platform?
Basically, Steemit is a a mixture of social and blogging platform like mixture of facebook and reddit where we can simply makes blogs then post on steem and gets rewarded and for that you don’t need any technical knowledge like for wordpress or blogger and no need to depends on the advertisers to put ads on blog and earn. Here on steemit we are not only gets rewarded by the good blog post but also from the Upvotes and comments for that post.
Steemit also has video platform named as Dtube wich is similar to youtube where you can upload your videos get rewarded by steemit. One thing you have keep in mind that if you are using copyrighted contents then you will be flaged by steemit and your reputation will be reduced so always make good contents wich are made by your own research.
Can Steem Will be worth of 9$ Again ?
The Steem coin was reached all time high about 9$ (Nov 2017) from 0.80$ (Jan 2018) with profit of 1000%(10x) within 2 months and reaches recent high about 4.75$ from 1.35$(1 April to 29 April 2018) with profit of 250%(2.5x) within 1 month, so there is no doubt that steem perform very well in future so according to my research, the steem is best coin to add in your portfolio.
Image Source: tradingview.com
As I was started to invest in steem from Nov 2017, its perform very well as I compared to other cryptocurrency and gives me decent amount of profit from past few months so it is nice to having investment in such a platform wich having bright future because we all know that the power of social media so my prediction for steem is when we see again bullrun in bitcoin price there is high chance of steem to reach 9$ again and we make huge amount of profit again with holding steem and working with steem.
Can we sell our reward of steemit ?
At that time we are in bear market and the value of steem crypto is down about 77% from its previous high so it’s not the better option to sell your reward in other way it is the opportunity to invest into steem or SBD for new users to grow there steemit account with the help of bots and old user can power down there steem power so they can get profits with steemit when it goes up because power down process takes almost 3 months to totally redeem from steem power.
So I hope you like my reaserch about steem coin and
Comment me what do you think about price of steem will be at the end of 2018?
If you are not followed me then make sure to follow CryptoCover to get latest updates about cryptocurrency.
This is not financial advise so invest at your own risk.
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