STEEM is an attractive cryptocurrency for long-term investment. And there are three reasons for this.
1. Bullish divergence.
Thus, the first potential source of profit is an increase in the price of STEEM.
2. Stacking.
STEEM is a cryptocurrency with its own blockchain, linked to the social media platform Steemit.
> Steemit is a blockchain-based blogging and social media website. Users can gain a cryptocurrency, STEEM, for publishing and curating content.
By creating a Steemit account, you immediately get a secure wallet on this platform. You need to transfer your money to this wallet and make a Power Up. After that, your STEEM becomes STEEM POWER.
WARNING! STEEM POWER can be transferred back to STEEM at your discretion at any time. This will happen in 1 month in four tranches.
As you have transferred STEEM into STEEM POWER, the rule applies to you:
> STEEM POWER increases at an APR of approximately 3.10%, subject to blockchain variance.
So, this is the second source of profit.
3. Profit from content curation.
Don't panic! You don't need to do anything :)
At Steemit, you can make a profit from content curation. To do this, you need to connect your account to the Curation Trail. Such a trailer can be found, for example, in the WORLD OF XPILAR community on Steemit. This is the biggest trailer, but there are others.
A specific example. My investment is 16983.06 STEEM. During the last 7 days, for content curation, they brought in a profit of 46.38 STEEM, or 0.273% per week. A simple calculation shows that for automatic content curation you will receive about 15% of the profit per year.
An added bonus is that when you receive STEEM for content curation, you receive the same amount of TRON at the same time.
Conclusion
Yes, it's a little trickier than just buying and waiting for a price increase to sell. But the one who has the knowledge makes a profit. All of the above can be done in one hour. The next few years your money will make you money :)
1. Bullish divergence.
Thus, the first potential source of profit is an increase in the price of STEEM.
2. Stacking.
STEEM is a cryptocurrency with its own blockchain, linked to the social media platform Steemit.
> Steemit is a blockchain-based blogging and social media website. Users can gain a cryptocurrency, STEEM, for publishing and curating content.
By creating a Steemit account, you immediately get a secure wallet on this platform. You need to transfer your money to this wallet and make a Power Up. After that, your STEEM becomes STEEM POWER.
WARNING! STEEM POWER can be transferred back to STEEM at your discretion at any time. This will happen in 1 month in four tranches.
As you have transferred STEEM into STEEM POWER, the rule applies to you:
> STEEM POWER increases at an APR of approximately 3.10%, subject to blockchain variance.
So, this is the second source of profit.
3. Profit from content curation.
Don't panic! You don't need to do anything :)
At Steemit, you can make a profit from content curation. To do this, you need to connect your account to the Curation Trail. Such a trailer can be found, for example, in the WORLD OF XPILAR community on Steemit. This is the biggest trailer, but there are others.
A specific example. My investment is 16983.06 STEEM. During the last 7 days, for content curation, they brought in a profit of 46.38 STEEM, or 0.273% per week. A simple calculation shows that for automatic content curation you will receive about 15% of the profit per year.
An added bonus is that when you receive STEEM for content curation, you receive the same amount of TRON at the same time.
Conclusion
Yes, it's a little trickier than just buying and waiting for a price increase to sell. But the one who has the knowledge makes a profit. All of the above can be done in one hour. The next few years your money will make you money :)