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RE: [Steemit-Tip] Buying Steem, High Rewards
But the only way currently to buy Steem is with Bitcoin while that one is at an alltime high. So you first have to buy expensive Bitcoin to buy cheep Steem. That is probably the biggest reason why people are holding back don't you think?
That isn't an issue for buying Steem. Say you want to buy $50 of Steem, you will have to buy that same amount of Bitcoin as well. This worth stays the same. (Well perhaps a bit more for transaction fees).
It's just not a great time to be selling since you get way less bitcoin now since it keeps growing to new heights.
True, I made a thinking mistake.
I bought my Steem with Ethereum. I used Blocktrades.
Yes, but isn't it at the moment the only way to buy any crypto with buying Bitcoin first with fiat money?
You're probably right. I haven't bought crypto. Can't one deposit cash on an exchange and buy any crypto sold there?