A STEEM/STEEM Dollar (SBD) Trading Strategy

in #trading6 years ago (edited)

A STEEM/STEEM Dollar (SBD) Trading Strategy

A good trading tactic is key to capitilizing on the crypto-markets. Here I will show you my current strategy to make the most of my STEEM Dollars during the present time.

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A special thanks to @dandesign86 for creating this logo for all to use.

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Below is my STEEM trading logic at the present time.

Step 1: Check the CURRENT PRICE OF STEEM

Step 2: Check the CURRENT PRICE OF STEEM DOLLARS

Step 3: Analyze - If the price of STEEM Dollars (SBD) is higher than STEEM and less than $1 USD, I suggest trading your STEEM Dollars (SBD) for STEEM on the internal market place. It is a very simple task, but it will take 3.5 days to receive your STEEM.

Step 4: Go to Your Wallet and Convert STEEM Dollars (SBD) to STEEM, as seen below.

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As you can see in the picture above from my transfer 4 days ago, if you make this trade with the above mentioned prerequisites, you will receive more STEEM than the STEEM Dollars (SBD) you transferred. I believe that eventually the price of STEEM will surpass the price of STEEM Dollars (SBD). From what I understand, some developers are aiming to peg the price of STEEM Dollars (SBD) to $1 USD. I strongly believe the price of STEEM tokens are very undervalued at the moment. I think they will be worth more than $1 USD down the road, which will make this a great move to look back upon.

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Let me know what you think!

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Thanks For Reading!

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Awesome to see the artwork being used :) makes me happy 😊

it is very strategy thanks

100% agreed with you.we should invest in crypto currencies. It's giving very huge return. Crypto markets are on bullish trends. Just within 2 months crypto capitalization increased 60 billion $. It's great opportunity for us.

The whole ecosystem is growing in an epic pace! It's hart actually to lose money, when investing in cryptos now.

It's all about how to make as much money, as fast as you can now....

Interesting insights....
I am just watching and analysing technical charts when it comes to Steem Dollars.

To me that seems a very good strategy
I also do very similar watching the rates and trading
But often I use the market and exchange almost immediately rather than the 4 dayvwait and wondering if If will go up or down

Nice strategy and suggestions. Thanks

Informative, thanks for sharing.

Have a great day.

Guzel bir paylasim olmus. Verdiginiz bilgiler icin tesekkur ederim...

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