Quick Steem Question !? 🤔 ⤴🔃⤵
🤑 Of the 140.00 Steem Dollars I have , I would like to use 100.00 SD of it , to buy steem to power it up ! Question is : should I wait a bit longer and see if the price drops more ?! ⤵ Or is the price going to continue to rise !?⤴🆙 And is it very hard to turn my Steem Dollars into Steem Power , What is the process like ?! I hope it's easy Lol ! 😂 Thanks ! 😉😎
And as always this is a 100% steem power up retirement fund post ! ⤴🆙⤴
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I'm waiting. Rather, I have a buy order in right now for 0.146200ish and one for 0.123000ish.
Oh that's neat ! So you can pick your buy price and wait I guess or buy right away at the current price!?😎sorry just got back on have not made it there yet!
See other reply first, then bask in your whaleness!
I know how to turn my Steem into Steem power I do it all the time as I'm a 100 percent power up saver ! Just don't know the other stuff SD to SP 😉👍thanks for replying much appreciated !
Apologies, misunderstood...
You can do it right now (if youre happy with the price,) by clicking the 3 bars next to your profile picture at top right. Go down to "Currency Market." Basically just enter your desired offer on the BUY side. You can see the quantities of STEEM available at the moment on the SELL side, for given prices... Lots of options, but the process itself is quick once you decide...
Oh ! Ok that's cool ! I didn't know about that way to check the currency market ! This reply is also very helpful to others reading the comments ! Thanks a bunch for the great info ! I will check it before deciding ! I would hate to buy now , and then see it drop by alot tomorrow ! ✌👍😆
My pleasure, I hope it works out in your favour!
Me too ! I will reply back or wait ! ? Not sure lol ! But it will be done soon! Keep an eye on my wallet haha! I might even do 120.00 instead of 100.00 ! If it drops enough , that will leave me 20.00 in case I want to send some or need it on steemit for something ! Thanks again !😉✌👍😎
It's extremely easy and I would power up all you can. Your account will grow much faster. It's like compound interest.... every red cent is working for you.
All you have to do is click buy steem and just enter the amout of SD you would like to use to make purchase.
Ok awesome ! Does it take awhile to transfer?! Most importantly should I wait for the price to drop , or will it drop !? Thanks a bunch ! 😉👍
I just bought some steem and it took a few minutes. It all depends how much trading is taking place. Steem is trading .15 range. It's been lower and much higher. Whenever I receive SD, i usually buy steem immediately regardless of price. I want more steem power. Lol
Ok that sounds great ! I always want more steem power as well ! Lol ! All my posts are 100percent power up as you know ! Maybe I should check on some stats to see if the price is dropping or on a up trend !? I will kick myself if it drops a bunch , right after I power up ! Lol !😉
Ok so I just bought 120.00 steem . I did like you said . But now in my wallet it on the bottom it shows 20.00 left as I had 140.00 to start . But under that it says , (+70.00) not all of it changed to steem for some reason!? Did I do it wrong !? 🤔
Oh ! Now it's showing 705.46 steem. Before it was 300. Something ! So maybe it just took awhile !? Thanks @runridefly ! For all the advise !♨👍♨
Because there is much more STEEM for sale right now, vs offers to BUY, I would guess the price will fall... Look at the way the volume/price orders are imbalanced at the top of the Currency Market.
Sounds confusing but I will understand more once I get a chance to check it out 😉✌👍😆this is my first time ever dealing with markets of any kind ! Lol let alone cryptocurrency ! 😂😆Having alot of fun learning at least ! Lol !
I'm referring to the big red and green step shapes at the top of the currency market. The Red is much bigger right now, indicating at a glance how much more STEEM there is currently for sale, vs green offers to buy. This implies that sellers may be asking too much, and may need to chase the buyers. However, a big new buyer may change that... It is fun though!
Sounds very interesting indeed ! 👍😉
You could transfer the SBD to a market, wait for the price of SBD to sell them for 1.01323142512123 USD hehe. then take the BTC and buy steem, watching it every day wondering if the price will go down. So you buy a little at a time kicking yourself when it goes down farther. So then you make an impulse buy when you know you shouldn't so you start buying penny stocks and selling copper from the wires that you don't use in your house. Transfer the steem back to steemit and power it up. Ok, that is not exactly how it works but it's awesome. If you want some help. I just started but I can share my limited knowledge.
I remember reading somewhere that if you convert SBD to steem that it "burns" the SBDs helping with SBD debt and helps the price. Every cent counts.
Great reply , Thanks for all the advise , it's much appreciated ! I will decide later tonight , just waking up as I work the night shift my brain is foggy right now ! Lol ! More coffee please haha !👍😉🍵🍵🍵
I would buy know, I heard the new Roadmap will be announced tomorrow, so I guess it's a good one and prices will go up, but anyway a cent more up or down doesn't matter, powering up is always a good thing :)
Ok awesome ! thanks for the info ! I'm in bed now on my tablet , just home from working the night shift so I will check it out and the price when I wake up later today ! I would just hate to buy now then kick myself in the ass lol if the price drops ! Thanks again , keep Steeming on !😉👍🚀