RE: Bitcoin, farce or fierce?
Keep on Steeming and do 50/50. That 50/50 will allow you to increase SP as well as earn SBDs simultaneously from your posts. What I have been trying to do is this:
- Transfer SBD earnings to Bittrex.
- Convert those extra SBDs minus a portion (eg. if you had 5 SBDs and earned 5, I might convert 3.5 SBDs and compound SBDs by 1.5 each round) to BTCs.
- Convert the extra BTCs minus a portion (eg. if you had .03 BTC and earned .002, I might convert .0015 BTCs and compound BTCs by .0005 each round) to 1 or more different cryptos.
- Keep stockpiling and diversifying.
This way, I can increase SBDs and BTCs, but also diversify my holdings (I usually choose dirt-cheap cryptos). If 1 or more of those cryptos skyrockets, that will be money-in-the bank.
As an example, I had 21K Units of RDD bought $.003 USD for a total of like a $75 price and it would now be at $.015 USD, which would be ~$315.00 USD... now think if that same amount went to $10.00 USD/Unit of RDD. At $10.00 USD/RDD, it would be nearly a Quarter of a Million Dollars. That's what I work towards, a belief that holding a diverse portfolio will be instrumental in my financially successful future.
That is a great idea @dbzfan4awhile which exchange should I prefer because bittrex according to me as a small investor is out of my reach because for every trading you have to pay 0.05 btc which was ok till the value of Bitcoin was under 1000 but now after bitcoin has reached 12000 approx you have to pay 8$ approx for each transaction.
Bro can you suggest me any cheaper exchange where I can transfer my sbd and buy some other coins. My first choice is cardano and stellar please advice bro waiting eagerly for your reply :)
I didn't have any Stellar but I did have Cardano. I liked it's movement. As for Exchanges, I'm not sure I just use Bittrex because it was accessible and fairly easy to use. There are many out there, but several have freezes on new customers as far as I've read. You'll just have to do some research on that and let us all know what you find.
Bro bittrex is also not allowed new users to sign up for new account thats the main problem I'm facing now because cardando is available on bittrex only where both sbd and cardando are listed....poloniex is only having stellar and verge but it does not have cardando listed in poloniex.... Is there any other possible alternative??