My Steemit Strategy for Crypto - Week 6
Hey guys and gals,
This is shaping up to be the start of something pretty damn good! As I have stated in the past, my Steemit SBD earnings have been the engine for my tiny successes.
Here's my original orders through Bittrex (I'm not going to include anything from Minergate at the moment):
ReddCoin (RDD) - 0.00000010 BTC/Unit @ 20584.77272727 Units
SteemDollar (SBD) - nothing, all earned @ 7.5 Units
DigiByte (DGB) - 0.00000105 BTC/Unit @ 941.03773585 Units
Golem (GNT) - 0.00002154 BTC/Unit @ 69.43155452 Units
Cardano (ADA) - 0.00001248 BTC/Unit @ 39.93194556 Units
BitCoin (BTC) - 1 BTC @ 0.00097413 Units
AdToken (ADT) - ? BTC/Unit @ 200 Units
Ripple (XRP) - 0.00004725 BTC/Unit @ 10.55332205 Units
STEEM (STEEM) - nothing, all earned @ 2.0 Units
SpreadCoin (SPR) - 0.00003000 BTC/Unit @ 166.25000000 Units
DogeCoin (DOGE) - 0.00000045 BTC/Unit @ 4500.00000000 Units
I didn't really spend much of anything to buy into the Crypto world, so almost all of my decisions are based on the fact that I have very little invested personally and that I'm lazy enough that I don't want to go through the trouble of converting and moving Cryptocurrencies.
...and here's the current price that I'm seeing as of this afternoon.
ReddCoin (RDD) - 0.00000082 BTC/Unit @ 20584.77272727 Units
SteemDollar (SBD) - 0.00057861 BTC/Unit @ 7.5 Units
DigiByte (DGB) - 0.00000381 BTC/Unit @ 941.03773585 Units
Golem (GNT) - 0.00004188 BTC/Unit @ 69.43155452 Units
Cardano (ADA) - 0.00002581 BTC/Unit @ 39.93194556 Units
BitCoin (BTC) - 1 BTC @ 0.00097413 Units
AdToken (ADT) - 0.00000375 BTC/Unit @ 200 Units
Ripple (XRP) - 0.00006827 BTC/Unit @ 10.55332205 Units
STEEM (STEEM) - 0.00020664 BTC/Unit @ 2.0 Units
SpreadCoin (SPR) - 0.00008619 BTC/Unit @ 166.25000000 Units
DogeCoin (DOGE) - 0.00000055 BTC/Unit @ 4500.00000000 Units
Thanks everyone!!! I hope this gives you encouragement!
Bittrex introduced some minimum amount of an Order which is around 15USD. this is killing the small investors .... :( Bitfinex did the same - introduced minimum orders which are quite high indeed ...
I think minimum conversion is like .0005 BTC. Even with the Fees I'm still gaining ground, so I'm good with it for now.
I can see why it would be a pain to convert cryptos. I see that your account value here is around $950. Have you withdrawn much Steem directly from your account? If you have withdrawn it do you convert it mostly or have you cashed out?
I was forced to try to cash out about a month ago, you can see it in a previous post of this kind. I cashed most out to my bank to cover an overdraft fee.
I went back and read it...that is really unfortunate since overdraft fees feel like you just have to throw away money :(. Good to see that you have been back on track and building Steem though.
It's like the bank saying "You are poor, screw you we're going to take even more"... instead of what ppl should be saying "you are having trouble, let us help you be successful."
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