Selling my BitBay for STEEM
Hello all,
few weeks back I opened a small positions in BitBay for a short term swing trade. I sold all my holdings of BitBay couple of days ago with 30% gain and purchased more STEEM. Why? The more time I spent over here, the more faith I have in the future of the platform. Steem at 2 bucks or so is a bargain with the price going much higher in the coming months and years! Any thoughts?
Tomas
CEO & Founder of CGH
I am with you. Exchanged all my shit coins for SP last night! :D
I see a lot of people have the same thinking!
Yeah I even wrote a post about it :)
https://steemit.com/steem/@melkay/tonight-i-exchanged-all-my-sh-t-coins-for-steem-power-and-i-will-explain-how-and-why
Great post!
Thanks so much!
Smart move ;)
I hope so:)!
I just saw your transfer thinking about doing some changes myself and pick up some more steem! Nice power move
You have a great opportunity to pick up some STEEM under 2 bucks today. Tha whole market is melting down due to bitcoin scalling debate!
Yeah last two days have been crazy if ETH could get its s*** together and start hammering these transactions correctly right now it would be taking over bitcoin unfortunately thats not the case :/
I started following you, Will you follow me too
Haha yeah about same. But I sold my LTC for STEEM.
LTC in my eyes has not much real use case, while steemit is growing every day!
Lot's of potential here :)
I have some LTC as well in my cold storage. I am planning to keep those though to be diversified. However, I think you did good getting STEEM for you LTC!
Yeah it's good to keep some, but right now I just can't afford too much. Broke student here! haha
very awesome post :) keep posting
Thanks ever so much!
I am planning on retaining as much Steem as possible at the moment, everything I am reading suggests it is undervalued - so good times will hopefully be ahead for us :-)
I have couple more trades opened for short term so once they bring some gains I will switch those for STEEM too. Also have some long term holdings of other cryptos as well but not touching those but it is hard:).....
I keep remembering a time back in 2012 when I thought to myself I should buy some BitCoin but never did - huge mistake and I am not making that mistake again with steem!!!!
That's good idea, I will do it like you
I am not a pro trader or anything, it just seemed logical to me since I like the platform and use it on daily basis.