I will try to ensure that I never transfer out more BTC than I started with and, in addition, will attempt to increase the baseline as I go forward. If BTC truly has the potential to go to $100K, then all I need is 10 BTC in order to become a Millionaire... yeah, I'm awesome!!
What you were reading isn't what was said... I said that if BTC went upwards to $100K per Unit, all I need is 10 BTC units to become a Millionaire. I could only wish I had 10 BTC units.
Haha, it must have been the hope that I had done this and you could follow the path. I'm hoping I can do just that in some way, but it'll still be a long road and I think I'm going to have to do some strategic Crypto movements in order to advance earnings towards more BTC.
The problem with small crypto movements/trades is frictional cost particularly as it often involves bitcoin. Also sorting out the tax is going to be a nightmare next year! Personally i have resolved to build up a portfolio of currencies and add to it when I can. That said i like those that pay you to hold them like my favorite NEBLIO and NEOs too. Steem gives us the chance to learn to write and read better and make a small income stream too. ... (really small :)
True, unless you can Whale up and average a couple hundred per post. The strategy, especially as what you say is true regarding the ties to BTC, is that you'd have to really watch the fluctuations and buy trade in low and trade out high, again and again, making a little profit each time to increase what you can buy in with.
The fact that Steemit allows you to buy in with Crypto that you earn through a trade (blog posts) allows you to "use House money", so to speak, and therefore allows you to create your own "Ground Zero" revenue-wise.
Then you may wish to follow what @me-tarzan is doing. He has several BTC strategies that he updates daily. He is not particularly chatty but will respond to questions and he has several different strategies so you may find one that you like. For now at least his information is free as he makes his money from the Blog post itself.
I didn't. Here's where you're getting confused:
I will try to ensure that I never transfer out more BTC than I started with and, in addition, will attempt to increase the baseline as I go forward. If BTC truly has the potential to go to $100K, then all I need is 10 BTC in order to become a Millionaire... yeah, I'm awesome!!What you were reading isn't what was said... I said that if BTC went upwards to $100K per Unit, all I need is 10 BTC units to become a Millionaire. I could only wish I had 10 BTC units.
I hope that clears it up.
Totally! it must have been auto suggestion.
Haha, it must have been the hope that I had done this and you could follow the path. I'm hoping I can do just that in some way, but it'll still be a long road and I think I'm going to have to do some strategic Crypto movements in order to advance earnings towards more BTC.
The problem with small crypto movements/trades is frictional cost particularly as it often involves bitcoin. Also sorting out the tax is going to be a nightmare next year! Personally i have resolved to build up a portfolio of currencies and add to it when I can. That said i like those that pay you to hold them like my favorite NEBLIO and NEOs too. Steem gives us the chance to learn to write and read better and make a small income stream too. ... (really small :)
True, unless you can Whale up and average a couple hundred per post. The strategy, especially as what you say is true regarding the ties to BTC, is that you'd have to really watch the fluctuations and buy trade in low and trade out high, again and again, making a little profit each time to increase what you can buy in with.
The fact that Steemit allows you to buy in with Crypto that you earn through a trade (blog posts) allows you to "use House money", so to speak, and therefore allows you to create your own "Ground Zero" revenue-wise.
Then you may wish to follow what @me-tarzan is doing. He has several BTC strategies that he updates daily. He is not particularly chatty but will respond to questions and he has several different strategies so you may find one that you like. For now at least his information is free as he makes his money from the Blog post itself.
Sounds good, I'll look him up.