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)
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)
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.