Main focus on Bitcoin, BTC, now.
Had to make some financial decisions lately. Will I keep all my Dogecoin and how about Steem? Still think Steem is great and a kind of addictive, but it has changed a lot. Some of the early adaptors are leaving. For a part I did too when I did my first Power Down a while back. Yesterday I stared another one. Maybe I'll keep it at 500 Steem Power {SP}.
Will I stop using Steem? No and I am still introducing it to others too. It is a great way to get into Cryptos. An unique way of mining through posting on a blockchain. No guarantee in finding that block, as a figure of speech, that will give a huge payout. But chances are at least a few cents will be earned. And now it can be bought too, through the use of bidbots, with nice gain chances. There is an investment risk, yet still pretty safe. Just like with earning from SP delegation.
It takes some digging in to. But it can give some nice Return On Investment {ROI}. It is not my thing though. To me it was fun posting until all those game-changers were added. Still I kept doing my thing, although with less extras, like home made graphics. Freedom of expression is still one thing that will keep me here. And also because I can check out any time I like, but I can never leave.
Now that did hurt a bit. Not because Dogecoin did relatively gain less well than Bitcoin. The exchange from DOGE to BTC was not at the best time to do so. And now I even wonder if I made the right choice. But most of it will be used to finance a private real life thing. Sometimes one has to do what needs to be done. It still feels kind of weird though. And what if Dogecoin doubles all of a sudden, or goes to 1 cent?
Been there many times before. It is all part of the realm of Crypto supply and demand. For me, like many others Cryptos have been a great ride so far. Steem a new way of earning through the use of a Social Media platform on a blockchain. And at the end of the day even providing a new way to pay for the food on the table. Or pay for a fast laptop with Bitcoin {BTC}. And even provide for some extra vacation fun.
In Steem I want to keep 500 SP at least. With the Smart Media Tokens {SMT} coming. And very soon the activation of the Resource Tokens {RC}. Could be some great changes ahead for Steem. Having a least 500 SP is nice for using the vote slider. And that can add at least a cent or more with an upvote. Bitcoin {BTC} will sure get a boost when Schnorr signatures are being used. Also Lightning Network is growing very fast.
Dogecoin is doing fine, still the fastest, cheapest and widely supported Proof Of Work {POW} Crypto out there. Still have a bit left and I will keep on using it. Developement is still moving forward and with the use of TrueBit it can be swaped to the Ethereum blockchain and vica versa. When this becomes stable I might feel.a bit sorry that I made the exchange from DOGE to BTC. But no matter what I expect Cryptos to blast through the 300 billion USD threshold soon...
Really like the early days complexity of EOS. Feels like back in early 2016 exploring Steem. Some things are tough to figure out. It just does not work right out off the box, or not as expected, at least. Early user interfaces still leaving much to guess. Just as easy to have a lucky shot as to lose it almost all, within days. Which gives me the chance to remind you to only invest in Cryptos what you are willing and able to lose.
Most of my Cryptos time and energy invested will be into EOS. Although Steem I will keep using too. Looking forward to having a total Crypto black out for at least a couple of days. Going out and about enjoying other aspects of life. And this is for me another moment to thank you for your support and all the good times we shared so far. Cheers to more adventures to come!
The future is bright, the future is Crypto!
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