Now that everybody can now see that the apocalypse hasn't arrived and all is fine in the world of crypto, we can all sit back and start seeing a more bullish market develop. Steem has seen a fairy large dip in the last few days but now that a lot of the uncertainty is behind us we should start to see a steady increase in the price of Steem! If you haven't been buying up Steem these last few days now is probably one of the last opportunities to get cheap Steem.
I think, conservatively, we can expect $2.50 Steem before the end of the year but I wouldn't be at all surprised if it goes as high as $4. Steem is getting more and more popularity and it is only a matter of time before the demand greatly outweighs the supply of Steem. Once that happens, there is only one direction the price will go and that is up. I know I will be buying a bit more Steem soon and I recommend you do the same.
There are two types of investments I currently believe in the most. The first being Masternode coins (currently working towards Syndicate Masternode, helping me get there faster with an upvote would be appreciated 👍), the second type is Crypto involved with social media, the two biggest ones being Steem and Reddcoin. Social media is the big business that big businesses look up to, so much of our lives is now firmly associated with social media and I believe that Steemit will one day be mentioned as peers to instagram and Facebook. Investing now in Steem (and Reddcoin too in my opinion) is a great investment that not only will grow in value over time but serves a purpose. If you have read my past posts you might know that I like an investment to have a function as well as just having value.
In the coming days as the price of altcoins increases make sure you don't forget the basics:
Happy Investing!
Cryptoviking
