Newcomers Newbies Noobs Thirds Rule Strategy STEEM
Thirds Rule Strategy was created for YOU primarily but anyone can safely learn how to protect their investment especially the BIG fishes otherwise known as WHALES.
For the small fishes otherwise known as MINNOWS add an ADDITIONAL zero next to your WALLET total. For example my Wallet total shows $363 at the moment. But I pretend to picture me as a DOLPHIN so my imaginary Wallet total is now $3,630. And If I really want to imagine to be a WHALE, just add additional zeros next to the Wallet total which would be $36,300.
Starting to SEE this picture?
It's ok if don't just grasp "thirds rule strategy" right now...
Does take time, I get it!
Lets try to take your total balance and divide it up into 1/3rds. (33%)
By diversifying your total it will allow you to be less vulnerable to unexpected loss. Pretend you are a WHALE for this exercise. Add two additional zeroes to the end of your total. Now...
Would you REALLY be selling, buying, and trading the same way if you where just a small fish or newcomer? (let that sink in)
(jeopardy music playing)
(grab a drink)
(grab a calculator and pen(cil) and paper)
(full attention needed beyond this point)
(please forgive the rounded up totals as just an estimate to show strategy)
Take 42,500 STEEM(POWER) and multiply it by .85cents = $36,100 Whale ($3,610 Dolphin) ($361 Minnow)
If I divide the TOTAL by 3 (thirds) I should get $12,000 as a Whale ($1,200 Dolphin) ($120 Minnow)
$12,000 divided by .85cents =14,100 worth of STEEM for a Whale in the STEEM balance which is 1/3rd. ($1,200 Dolphin) ($120 Minnow)
$12,000 divided by .85cents = 14,100 worth of SP for a Whale in the STEEM POWER balance which is 1/3rd. ($1,200 Dolphin) ($120 Minnow)
$12,000 divided by $1.70 = 7000 worth of SBD for a Whale in the STEEM DOLLAR balance which is 1/3rd ($1,200 Dolphin) ($120 Minnow)
Total in Steemit Account would be evenly divide totaling $36,100 (Whale) ($3,610 Dolphin) ($361 Minnow)
How does your totals ADD up?
Please comment with any questions or concerns below.
i always like when people do this kind of posts to help others regardless their expertise on the subject and the experience of the readers! Keep´em coming!
I REALLY appreciate that @anomadsoul Thanks!
TBH...
A lot of newcomers, newbies, noobs WILL eventually accumulate a LARGE amount of CRYPTO (bitcoin, ethereum, dash, litecoin, steem) and most likely will be running around with their HEADS cut off with newly found WEALTH.
Just Keep Calm...
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