STEEM is crashing! Sold silver & turned CryptoSicko into an instant Dolphin
Hello, what a crazy day it has been for the world of crypto. I mean yesterday was epic but to repeat today with many, many more double digits in the red. I made a post 2 days saying that i had sold some silver that morning with the plan to buy some STEEM. The recent drop in price has nothing to do with it, i want to load up CryptoSicko and give my new project a good start. So the plan was sell around 220 oz of silver and then buy 5000 STEEM. It went down a little differently but in a good way.
It all started on Sunday morning when i listed my silver for sale. I quickly sold 160ozs within the first 2 hours and then it slowed down. My biggest buyer turned out to be a #steeemsilvergold member, he was asking why i was selling and i was explaining Steemit to him, when i noticed his username was the same as his Steemit username and then we got to talking. Anyways, the cut a long story short, I added up everything i sold and worked out how many STEEM i could get. I soon learned that the crypto market was crashing and i had enough alread so i did not to sell anymore silver and quickly rushed over and edited my listing to complete to stop people trying to buy the rest.
On Monday, i confirmed all payments, addresses and coins to go to each person, packed them up and headed round to the post office. Then i came home and got to work on buying my first batch of 2500 STEEM. My BTC card limits me to buying £1000 per day which worked out at just over 2500 STEEM. I got around 0.25 BTC for £1000 yesterday and sent it over the Binance to complete the buy. I ended up getting 2573 STEEM which i instantly powered up into STEEM POWER. Go CryptoSicko bot!, there's an extra 35% voting power in the snap of a finger.
It gets better
or worse
Today, we are all aware that the crypto market is still crashing so what does a CryptoSicko do, a true sicko would load up on more STEEM POWER. I just bought another 2500 STEEM to power up CryptoSicko again. This time round i got 0.25 BTC or £900 which is less than yesterday. After my transfer to binance i was able to locked in just over 2700 STEEM. I mean im happy to got all this STEEM on the cheap but Jebus, when is it going to stop falling?
Round Up
That is my spending spree over. I might buy some bitcoin cash but i might not. I got a total of 5276 STEEM for £1900. 5000 STEEM goes to CryptoSicko @steemcryptosicko and the leftover 276 goes to me. When i talking to my adviser (Welsh) about the pro's and con's the cost was almost £3000 so im very happy with the with the result, the real kicker is i had to sell 60oz's less of silver to get there. As far as CryptoSicko goes, the bot is loaded up with 5000 of it's own SP, has 5000SP on 2 leases and around 2000SP from members. The leases are both for 2500 with 1 ending next Sunday and the last in around 3 weeks. I will from now on only being paying for leases from post payouts. Good times are ahead, i should earn a little extra curation and when STEEM bounces back to $5, i have like $25k. That's enough to buy 7002.8 Big Macs are go up and down the Eiffel Tower 88 times if you'd prefer. I plan to buy a tube of gold sovereign's with mine.
I pray i have done the right thing and im not religious
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Is there a website where I can buy silver with steem
100% upvote from @betgames worth 0.42
Thank you for your continued support of SteemSilverGold
Big ballz bro! I like it — lol
Good luck with csb!
Thanks man. Been thinking about it a while now. Fuck it, why it!!
It's gonna go back to over $5
I'll push CSB until everyone is sick of seeing it and then i make a sister bot, hahaha 👍
Work it hard. Learn everything that’s right about it. And then release the Monstah!!!
Way to go my friend, I'm getting the itchy finger to go balls deep but I'm loving the price of silver too!
When STEEM hits $2, i sell enough back to buy 200oz's and the leftover SP is gravy.
Things in my head work like A-B. I dont even have a C, to much work.
$2 STEEM, buy 200oz's = feeling like a boos
Wow, I hope you're right about STEEM and it does go back up to $5 bucks... I've been thinking about buying some, but it keeps going down and it's making it difficult to pull the trigger.
While my orders where getting filled i was thinking about when i went back to $3 and everyone was saying buy more, and then at $2, $1.50, $1 and now it's below 50 cent. It's running out of room to go down, haha. I dont care if bounces for a few years.
Im not worry bothered about the price. I need the SP cause leasing 5k SP a month costs 80 STEEM per month so it's already saving me 80 STEEM every 4 weeks :) Im already winning.
Thanks for commenting and checking out my post buddy
Congrats on getting a better deal than you were expecting. It's tough to take the risks and jump sometimes, but I hope you get a huge return on your investment!
Thanks man, i hoping i cant lose at 50 cent STEEM but than again, i dont expect a crypto comeback for a another 1-2 years so hard tiems might be about. I need the SP to save paying for leases every month and the price going up would be the cherry on top :)
Keeping my fingers crossed for you SSUK! Everything is tanking right now, but before long I am sure it will be seeing new highs.
Thanks buddy. Everything is looking nasty indeed, i hope for all our sakes it turns sometime before Steemit dies, lol
Damn, you're really committed! Congrats Dolphin @silverstackeruk
Yeah, got it be :)
I hate selling silver, i mean really hate it. I have got rid around 20% of my stack and my monster boxes are only half full, not nice. On the flip side, STEEM will go up at some point and i'll sell some when it hits $2 to buy back my 160ozs.
Thank for the comments