Which cryptocurrency is the best to buy and hold out of Bitcoin, Ethereum, Litecoin, ETC, Dash, Monero, Ripple, BCH, NEM, IOTA, NEO, OMG, BCC, Lisk, Qtum, Stratis, Zcash, Waves, Ark, and Steem as an investor or trader whether in a wallet or on an exchange like Poloniex, Bittrex, Coinbase, or Bitstamp?
Would you join me in reading top 10 reasons I chose to buy and hold Steem above any other digital currency because seeing this might motivate the investment of a lifetime?
1. Why is Steem a great long term hold? Google organic search traffic and social media sharing to https://steemit.com/@jerrybanfield is on pace to bring Steemit into being one of the top websites in the world. Traffic to steemit.com is already higher than for any other cryptocurrency's official website! https://www.alexa.com/siteinfo/steemit.com
2. What makes Steem unique among popular cryptocurrencies? Steem is one of the only cryptocurrencies that almost anyone on earth with the Internet connection can participate in with no investment. That means mass adoption and huge speculation increases as other investors figure this out. https://steem.io/steem-bluepaper.pdf
3. How many people are using Steem? 376,435 accounts today on https://steemit.com/@jerrybanfield make it one of the top cryptocurrencies in terms of number of wallets. Steem is going viral as shown by over 200,000 new users signing up since May 2017. The current viral cycle for Steem therefore is about 2 to 4 months of users doubling meaning by the end of 2017 we may be close to a million users. https://steemdata.com/stats by @furion.
4. Where do we see how many transactions Steem has? Steem has more transactions daily on the blockchain than Bitcoin and Ethereum combined. Transactions signal true value meaning the price is one the edge of a huge pump which will explode user growth which is already thousands per day. https://steemdb.com/ by @jesta for Steem transactions versus blockchain transaction data from bitinfocharts at https://bitinfocharts.com/index_v.html
5. Which feature is #1 the strength of Steem? The ability for a new user anywhere in the world to start a blog with no money and immediately rank posts high in Google combined with the potential to earn money directly from upvotes makes Steem 10 times better than WordPress, Blogger, Medium, or any other blogging platform I have used. Within 3 to 5 years, I think Steem will become the #1 blogging platform in the world as bloggers like me continue to change our blogs completely to Steem to get more traffic and make more money from posts. On top of this built in ability to blog, any developer can easily add new apps to the blockchain to expand functionality such as video hosting with @dtube. https://steem.io/SteemWhitePaper.pdf
6. When will the price of Steem go up? Within 6 months of September 2017, the price of Steem will explode to $10+ as one single investor begins discretely buying millions of dollars of Steem after recognizing the huge return possibility for Steem. I predicted this four months ago at https://steemit.com/steemit/@jerrybanfield/10-reasons-for-usd10-steem-price-in-10-months and everything is in position for the $10 price to come any day with little warning.
7. How to maximize ROI with holding Steem? What makes Steem a perfect investment is ability to earn more Steem just by holding it in Steem Power and participating in our community. Upvoting posts earns curation rewards. Making a post allows us to upvote our own posts. Steem Power earns 2% interest. We can even use websites like https://www.minnowbooster.net/market to loan out Steem Power for the easiest return. The best possible return comes from making our own posts and upvoting them which then can bring in a lot of additional readers if we are holding 50,000+ Steem Power. I started with about 35,000 Steem and have nearly doubled my investment in 4 months here mostly by being an active author. An investor buying millions of dollars in Steem could expect to ea
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