RE: Investing in Bitcoin vs Steem vs LEO: gain vs risk
LEO is traded very recently between 0.15 to 1.5 Steem. I have just picked a justified random number of 0.25 Steem (https://steem-engine.com/?p=market&t=LEO). Rest of the numbers is just for examples. BTC can reach $250K, Steem can reach $50 or LEO can be $1, who knows.
For my personal reference, I have bought BTC at $75, LTC at $1.5 and off course Steem as high as $2 and low as 16 cents. I have to yet make any profit from my investment since I lost all my earlier coins in daytrading and future trading. However, never a mistake, always a lesson. May be this time, I am prepared enough!
More on LEO's price history: https://www.steemleo.com/steemleo/@dtrade/leo-and-pal-tribe-updates-from-a-trader-s-perspective-leo-fomo-continues-and-pal-in-downward-spiral-without-whale-s-support
Cool thanks for the info bud. Day trading is a tough game but a damn fun one(over 2mln in traded volume). I bought steem all from 0.75 up to 1.50 and got out near the top so I was lucky. Future trading, margin trading I tend to avoid. Like you say it is all about risk management. It sucks you didn't get your bags out in time but you are so right in realizing now may be a once in a lifetime opportunity.Average down as much as you can stomach and enjoy the ride. This is now a 2021 game in my opinion.
Me personally I will continue to buy steem weekly until next summer and try my arm at being a socialite :)
I will actually learn a bit about LEO since you took the time to inform me.
Welcome abroad ;) If you write blogs about your projections and experience, you can add #steemleo tag to showup in steemleo.com frontend or write directly at steemleo.com. I have also added you in my up voting list.
Aww isn't that just lovely :)
I must make an introduce myself post tomorrow. After that I will blog for sure. Thinking of starting with what I learned from going from noob to decent trader to exiting the market and blowing most of everything I earned on holidays etc hahahaha
Also where is this marketplace for LEO and other tribes? super noob question haha
https://steem-engine.com/?p=tokens
You have to login to steem-engine using steem keychain (a chrome extension) or using you steem posting key.
Awesome thanks bud. You have given me a lot of homework today ^^
No problem.