Can You Make $$$ Trading Steem?
So, I have been monitoring STEEM on coinmarketcap.com and the price is pretty juicy and volatile. I'm thinking you can totally speculate around .2 to .3 BTC into this and make some nice profit. Currently a week position WAS HOT.
But if i look at it lazily day trading this ain't bad as well:
That 85000 to 113000 satoshis is a nice margin to take some returns. We are looking at a modest MAX 17% profit for today here Boys. Now, of course cut your profits or losses quick because i expect those ROI's to tighten up as liquidity enters, but long term holding this AND trading will be most profitable. IMO.
Nice to have you around!
Here are some tips if you're not aware of them already:
Secure your account: https://steemit.com/steemit-guides/@pfunk/your-steem-account-is-worth-money-how-to-secure-it-with-a-new-owner-key-to-keep-it-yours-forever
Verify your account and build your reputation: https://steemit.com/steem/@tuck-fheman/verified-accounts--reputation-system
Contribute with your own contents: https://steemit.com/steem/@grittenald/copy-paste-steal-cite-your-sources, and
https://steemit.com/steemit/@pfunk/lets-discuss-verification-of-user-accounts-posting-previous-work-to-prevent-impersonation
Properly tagging your posts, especially when your content is #NSFW or for #test only
Know how Steemit works: https://steemit.com/steemit/@donkeypong/still-confused-by-steem-steem-dollars-and-steem-power-the-power-plant-analogy
Thanks for the links. Not sure about showing my mug though. Very uncomfortable doing that.
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