Earning steem dollars everyday !
We are all running after steem dollar to earn from posts and comments. But there are a lot of ways to earn steem dollar like contests,giveaways and more ways to do that. One of those ways is trading steem and steem dollar in the market.
Just a few days ago while exchanging my steem dollar into steem to power up, what I do often, I realized that I can earn from that. Because the price of steem compared to steem dollar is changing so often. The difference is really big for big players. Just in 10 days I noticed the price of steem was 0.9 compared to steem dollar and recently it was almost 1. That means we can buy steem when it's low and we keep buying it in this case. Then we keep it and when we notice that is going up again to about 0.99, we sell it. That way we will be in profit everyday.
Right now it's better to buy steem because it's low again and it keeps going down. But we don't have to care about that. We have to keep buying steem until it goes to about 0.9. I always say that trading is kind of art that we have to learn. Don't hurry, trade wisely and check the market everyday !
If you don't know how to trade, it's really easy. Just go to your wallet. Click on the amount of steem or steem dollar and click ''market'' or directly click on this link Steem and Steem dollar market :
In the market, you can choose to sell or to buy either steem or steem dollar :
When you see the green chart bigger, that means more people are buying steem. The red chart means that people are selling steem dollar, that's why it's little.
To place your order and buy steem faster, in the field of ''BUY STEEM'' click on ''Available'' - it shows how much steem dollar you have, it will apear in ''TOTAL'' sbd that you want to give. Then in the field of ''Sell Orders'' click on the most recent price. In the field of ''BUY STEEM'' the amount of steem will apear. But you will not notice a big change if you are trading very little amount. It's better to start with at least 10 steem dollars to understand how it works.
Also don't forget to check the history if you want short term trading. But if you are a long term trader, it's better to not look at that history because it will just confuse you.
It's up to you to do that or not, I am just sharing it to people who work hard on steemit but earn cents from their posting. Not all of us are whales but everyone can trade !
As always, thanks for reading. ☺
You can delegate some power to me if you want to support our group and help me tripple upvotes for people, these are links to delegate : 100|500|1000|5000|10000| or you can choose any amount to delegate here : steembottracker.com.
i'll have a go at this..thanks
welcome. ☺
Thank you for the post @clixmoney, have upvoted & followed you.
BTW i only have STEEM POWER since I've Powered-up using all STEEM and SBDs I had, how could I trade in this case?
Cheers!!
It's immpossible to trade steem power, steem power is made just to make your upvote worthy. And when you will have a big steem power you can power down in the future and earn from that. I advice you to save your steem power and keep earning steem dollar to trade in the future. The methode I am talking about in the post is not for little amount, I did write at least 10 steem dollars you have to have to start doing that !
That's a good idea. We don't take advantage enough of these movements between STEEM and SBD. I will look at it more often.
Yeah it's very good to check that market everyday and try this idea, I think it will work well with a lot of steem, we really can can earn steem dollar everyday without even posting or commenting, because it's hard to ear from that sometimes especially if you are not supported by whale.
This is good information thank you for sharing man I like it 👏👌👍
You are welcome, I am always happy to share. ☺
This is something I've wondering about.
Good info, I'll save this post for future references.
I am glad you like it.
Great advice. I can't for the next steem hardfork you can mine again in steem, i can't wait to use my old miners
I hope other things will change in the hardfork, like in hot and trending post they have to put the most commented people not the most wealthy ones, in promoted it's good if we will see any recent post promoted by a user what ever the amount he send, and for those who has a steem power and don't use it at all they have to share it to active users, that will be much better than now.
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