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RE: I Just Turned 20SBD into 60 Euros...
super congrats. i really need to understand buy orders and all that stuff, not being a trader i understand the notion of it being on the exchange and setting a trigger point but is there anymore than that to know? btw, congrats. that's awesome! :) - oh and see my blog for an explanation of the $3 SBD, seems to be a korean exchange has listed steem so that might account for it.
Ah the Koreans! That makes sense.
Re the trading, it's super simple. Instead of selling your SBD for the market price (whatever it is now), you enter a price that you want. Either it will reach that price at some point or it won't. If it doesn't, Bittrex will cancel the order after 28 days (and then you just re-enter it if you want :))
This is what it looks like in Bittrex. Just enter your qty and the price you want to sell for and that's it. Make sure you'll leave the "Good until cancelled" option (which it is set to by default). This way the order will stay open until it's either fulfilled or you cancel it.
well that's bloody brilliant, i guess you have to have your funds on the exchange thou right and trust that the exchange does'nt get hacked so small amounts is best. got it, did ya leave ya funds on there or move it out afterwards?
Exactly, only do it with small amounts.
I'll move it out now - it's about €100 with some other stuff I sold, and I desperately want to get back to owning one Bitcoin quickly :) so I'm saving up all the little stuff I get here and there.
makes sense. weirdly i wanted to always own 1 bitcoin. weird. yeah targets and goals! certainly want a crypto spread of funds in a secure wallet in 2018.