In the world of crypto that whales, dolphins, minnows, and redfish trade in, I'm a bright red redfish trading in single digit Steem! YES, I finally joined the traders club today! With 6 steem in hand, earned on Steemit, I took the plunge!
I was aware that I need to register with a few sites, and I'd heard about blocktrades and bittrex. So I searched for info about these on Steemit.
Found many posts, one of which was @kafkanarchy84's excellent one on blocktrades.us. Because it is a video, and he runs us through the procedure step by step, I got really comfortable with the fields and where I could find what especially on Steemit. Check it out here: https://steemit.com/cryptocurrency/@kafkanarchy84/steemit-tutorial-beginners-how-to-convert-steem-or-steem-backed-dollars-to-bitcoin-or-other-currencies-using-blocktrades. After watching it, I immediately opened an account with blocktrades.
Next, I watched @blocktalk's post on bittrex from last year "How to send Steem Dollars from Steemit to Bittrex exchange". I then opened up a Bittrex account and sent all of my Steem, the entire lot of 6.009 steem there! Can you imagine my excitement when the amount turned up there??
I was dying to trade. So I sold my 6 Steem for Bitcoin!
I got 0.002 Bitcoin. I wanted to be on the other side of the decimal. So I went exploring and finally decided to get some Ripple.
I exchanged my Bitcoin for 37 Ripples or whatever they are called! So I'm now the proud owner of Ripple coins!! Oh, and I am running in profit already! :) Beginners luck or whatever it is, I'm absolutely thrilled.
The value of my holding was 8.34 USD when I first traded it. And now, in a few hours, it has gone up. Currently, the value of my holding is 8.99! :)
What I have traded may be the most insignificant amount ever, but for me, it is my hard earned money on Steemit and I'm incredibly proud of it. Steemit's given me a new direction in life. And as I'm headed that way, please wish me luck! It will be the encouragement I need to learn more and share more. Thank you, Steemit!