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Power Down To Power Up

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@fun2learn
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I have been powering down in a major way from my steem account.

I have converted my liquid steem to invest mainly in OmiseGo recently.

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This is a time of uncertainty and no one can really predict with 100% for sure that Bitcoin can hit 20k this year.

There is still a chance that Bitcoin can rise and lead other cryptocurrencies to gain.

The recent development of OmiseGo may support the possibility of the rise of its price sooner or later.

OmiseGo was listed on Coinbase this year resulting in a great pumping of its price.

It is working with Japanese manufacturer Toyota to develop a crypto-supported Toyota Wallet.

On 1st June 2020, OMG posted about Bitfinex integration of Tether on OMG Network that reduces transaction fee and increases the speed of transactions.

https://omg.network/bitfinex-usdt-tether-omg-network/?__hstc=45876666.44a3f89d6f64a620967ba807715166e3.1593219336425.1593219336425.1593219336425.1&__hssc=45876666.4.1593219336426&__hsfp=499824934

OMG Network has made improvement to its Mainnet by deploying Ethereum Scalability Solution that reduces cost by 66%. https://www.omisego.co/omg-network-scales-ethereum/

Its parent company managed to raise $80 million to expand its cashless network in Asia. https://cointelegraph.com/news/omisegos-parent-company-synqa-raised-80-million-in-series-c

OMG partnership with Taxi App Tada in Singapore. https://coingape.com/omisego-omg-blockchain-mobility-signs-mou-with-tada-app/

The above are just some of the development of OMG network and there are probably a lot more that I have not mentioned in this post.

OMG network has relationships with international companies like McDonald as well as SBI Investment and Golden Gate Ventures.

It has already rooted itself into the mainstream as a payment service that many other cryptocurrencies may not have as a backing and reputation.

There is still a risk in my investment in OMG network definitely but I personally think that I may have a high chance to profit more than leaving my money on Steem platform.

If I manage to gain significant profit, my profit can even be used to power up my hive account.

When we see our current investment is more or less stagnant, it is only wise to reinvest in other possible projects after good research.

Thanks for reading this post.

Disclaimer: This is my personal reflection and I am not in any position to instruct anyone what they should do. I am not responsible for any action taken as a result of this post. My post can only be a reference for your further research and growth.

Posted Using LeoFinance