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RE: EOS Launch Update! EOS MainNet is LIVE. Overview/Chart/Timeline where we are at. Some basics to help you out. Blockchain History has been Made!!
What is going to happen to the price of Steem, if Steem 2.0 transfers over to EOS? Will we lose our money?
The 2 platforms are on 2 different blockchains and ecosystems.
They are unrelated in that way, so I am not sure you understand the basics very well here.
I was new once too to all this, I suggest you watch a lot of YT videos and read up and research about 25 hours a week for the next month, and really invest in your education, as I did.
You have to be informed in order to protect yourself my friend.
I'm actually thinking of running a bot and trading between stable coins. It would be micro volatility trading. Earning about 0.3% every day. With 0.3% profit, you would triple your money in a year, and nine times it in 2 years. I hope exchanges start adding stable coin pairs. A volatility of 1% could bring you a 40x return in a year.
https://www.binance.com/en/trade/TUSD_USDT
Even with the constant ~ 0.15% or 0.2% trading fees, for every trade factored in?
Binance trading fees are 0.1% for a buy 0.1% for a sell. The daily high today was 1.0077 The daily low was 1.0028. That's a 0.49% difference. 0.49% - 0.2% for the trading fees gets you 0.29%.
I would set it to automatically buy at 1.0035 and sell at 1.0075. You would get a profit of 0.2% a day
That sounds tiny, but if you start with $100, you will have $146 923.38 in 10 years. That's if you can maintain a 0.2% profit for 3650 days. Unlike any altcoins that can tie your money up, this way your always making money.
Go here
https://cryptocoingrowth.com/calculator
Type in the following.
You have given me lots of good info, to think on, that is for sure.
Thank you.