As I think about the past week drama and how cryptocurrencies have positively changed many lives-especially our brothers and sisters from the developing world who otherwise do not have a good source of income-moreover, the interesting thing was the recovery of altcoins from the dreaded news from Korea, Chinese new year withdrawals and Fud from cryptocurrencies haters and the saga with Bitcoinnec AKA Ponzi scheme read here for information . On the other hand, however, this Sunday saw ( as many weekend does) blood red across many altcoins except one of my favorite : Steem Backed Dollars (SBD). Here are some points:
Invest Smart : my success strategy is to find and invest in undervalued new coins and tokens and I am lucky to be one of the early investors of Ethereum Lyte (elyte) with Max supply of 1M and far less circulation supply, deflationary token in nature , solid projects and team (www.elyte.io ) meaning that the future value will be top ( see whitelist section of https://main.elyte.biz/?page_id=433 for their current crowdsale and join their telegram community: https://t.me/joinchat/E6tXj0dThqzzjVlWJRuxLw if you have any questions) .
Good Fundamentals: the fundamentals of steem ecosystem is solid, hence why I am bullish about steem and SBD. Moreover, Asian investors are flocking around SBD and buying it because they see great potentials especially its use in steemit which will be a force to reckon with in the social media segment.
Moreover, its low circulation supply meant that demand will surpass supply leading to price appreciation.
Steem Power: Steem power is the future because of a lot of benefits associated with it ( curation and author rewards, ability to delegate power ,gain in future steem price hike, interest gains, reward great contents and or punish bad contents ). Therefore, buy steem (if you have cash) , power up and make sure that you do not power down unless you really need the cash.
What do you think? Send in your comments, would you pls upvote and resteem in order to send in your support.
Guys Use this link below to apply and get free Ethereum Lyte via their current bounty which is still open:
https://docs.google.com/forms/d/e/1FAIpQLSeOcKUUoTU6IKr1qX5osYaWMdVL8-nB5RmroYtYBir6YYof9A/viewform#responses
Click here and read my former post: Warning: Anything that walks and smells like a Scam is a Scam: A Case of Bitconnect et al