The success of Bitcoin with the adoption of Bitcoin ATMs in a growing number of countries, this has made many alternative coins appear.
The emergence of various altcoins with various innovative ideas hopes to be able to balance or even be able to compete with Bitcoin.
The altcoin makers certainly cannot just have the idea to launch the coin. There are so many additional components that the altcoin founders must do so that their coins can continue to grow and have a good position in the market.
One component that influences the success of an altcoin is being able to understand the needs of investors.
The investor’s need meant here is that altcoin makers must be able to simplify the advantages of altcoin in the eyes of investors. Altcoin will always be a complicated thing, and the task of making an altcoin is to make everything look easy for investors, or the altcoin will lose investors or never even get investors.
Then next, the most crucial component is the strength of the community. Altcoin makers are highly recommended to form communities.
A strong community is an important aspect to maintain the popularity of an altcoin. The community will attract investors, and the community will help disseminate information related to the coin.
The thing we all know is that the community will help altcoin survive in difficult times.
Why am I talking about the power of the community now?
Currently Steem is in difficult times. But Steem still survives with the existence of community strength that cannot be doubted. Even Steem often campaigned to show his popularity in a community, and Steem managed to win it.
The Steemit community keeps Steem alive and we believe we will achieve success again in the future.
Without community, altcoin will not be able to survive, and should not need to hesitate anymore.
But the thing that ultimately must be realized is that another important aspect of the kompenen is the creation of something new, trying to improve the shortcomings in the coin.
We all hope there will be something new, which makes Steem stronger. And, we hope at SMT.