RE: RE: Daily Steem Stats Report - Wednesday, August 7, 2019
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RE: Daily Steem Stats Report - Wednesday, August 7, 2019

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7y

STEEM is pretty cheap right now and I believe it is highly undervalued. It is currently ranked #80 on coinmarketcap.com while I think many cryptocurrencies with a higher rank are not worth more than Steem IMHO. Steem is a cryptocurrency with an actual use case in contrast to many other cryptocurrencies.

I hope for a much higher price once SMTs are released later this year. In the meantime I buy more STEEM using a "Dollar cost averaging" (DCA) strategy. Or actually "Bitcoin cost averaging".