This is a question that's hard to answer for some and easier for others. Those of us who are well vested as stakeholders on the platform find it a great way to not just stay invested in a project that we believe in as well as hold tokens that we can earn a passive income from-aka curation rewards.
For most crypto traders that's not very enticing enough. So I thought it would be a good idea to have this discussion with the community and find out why you like to buy/trade/hodl/power-up your Steem. But, most importantly, why you don't buy Steem and power up with the sbds you earn or in general Steem isn't a major portion of your portfolio!
I've been buying into Steem on it's way down during the time when the whales massively dumped during the period of hyper-inflation. I'm still buying regularly and powering up some of it as I use the rest for trading.
However, some users tell me they don't buy Steem because the market cap is high, some anarchists feel Steemit Inc is holding a lot of stake, others feels the crypto is quite highly valued and they expect a strong correction. Some feel they have missed the boat. But I personally feel in terms of upside, the sky is the limit.
Steemit and the Steem blockchain are growing in popularity very quickly and if you observe some of my recent posts you'll see some data to this effect.
You can read some stats and data by @vlemon here!
So Let's Talk,
Tell me why you don't like buying and hodling Steem cryptocurrency! Maybe this will allow us to find out solutions to increasing mass adoption. It will also help understand how I can tackle questions to this effect in my future meetups!
If you like my work kindly resteem it to your friends. You may also continue reading my recent posts which might interest you:
- My Past Year On Steemit—Quick Recap of 2017!
- 4 Tips For Steemit Account Recovery & Wallet Security!
- Steemit.Chat Contest #12 + Contest #11 Winners Announcement!