You are viewing a single comment's thread from:
RE: Why I believe Steem is going to a 1 Billion Dollar Market Cap within 2-3 months, with evidence.
I hear ya, one thing you could do is open an account on www.bittrex.com and "make sure to enable 2fa" security. Can't stress this enough. Then you can diversify a very small amount into a few "alt" coins, this would probably start you on the right road. Cool thing is, the trading fees are pretty small and shouldn't affect you at even small amounts. I try to keep my holding balanced and not get "too much" into one coin. I have some favorites like "steem", but i try not to get too attached. This has caused me problems in the past, letting a coin go! Sometimes you just have to! Can't go wrong at all with silver right now, it's dirt cheap and can only go up.
@grognak thank you for that. I am also new to the entire crypto scene (although a few years back when Bitcoin was $800 a coin I had 1.6 so I am kicking myself) and really love the information that comes through..I think we can all benefit from places like this. The one thing that concerns me is the transfer of SBD to the Steem wallet. I have about $5 earned from this site and I would love to be able to move it to another wallet or site to convert or trade. The one thing I hate about steemit is the fact that its confusing to newcomers like myself...I wasted a good $10 on power ups because I wasn't able to move my SBD to my Steem wallet
If you search the site you can find MANY good articles explaining all that. It was confusing to me at first as well. If you were to open the account on Bittrex you can transfer your SBD there and cash out into bitcoin. I remember 800 dollar bitcoin and 10 dollar ethereum, if we only knew :)