Trading, NOT SELLING STEEM | UPDATE: I was wrong ?

in #trading5 years ago

This is an update from my previous post Trading, NOT SELLING STEEM.
So what happened ?



It touched the 7800 Sats (I was expecting the 7600-7200) and didn't buy in, and of course...

It went up !

So I was Shorting STEEM, I sold 6000 STEEM half @ 8500 and the other half @ 7960 sats, Managed to get back 3000 steem @ 8100 with a small profit and I HODLed it. (That is the last of my steem the rest is in BTC or scattered in trades.

The Volume was 80 BTC on binance when i did the previous post.
It went to 125 during the peak of the pump, reached 280 and price and volume retraced.... (Lost momemtum)

There are many things happening ATM on Binance, daily whale pumps and the BTT craze... That is the reason so little volume entered.

I think now it will retrace and re-test the 7800-7400 and might even go lower depending on what influence has BTC and Chinese new Year tomorrow the 5th of Feb.

What do you think?

Over the long term I need to be Bullish on STEEM hopefully I will be able to put more SP on my account once i finish this operation.

If you like my journal of trying to make a shitload of steem please comment

Vote | ReSTEEM | Follow | Love | SteemON

Sort:  

It's been sad to watch my account decrease in value 75%

Love your blogs though, keep up the good work and educating us small guys.

Well @jcharles,
Imagine my frustration. I bought 5000 Steem @ 1.27$ 2 years ago, then i got additional 1500 @ 4$ last year.

Yet I managed to get my account and the projects I used to run to 12000 STEEM by posting and sharing with the team the rewards.

So my 12k USD investment is today worth about 1 BTC... 3.400 USD...

But I'm still bullish!
I cannot afford to be bearish, what i want is to trade the shit out of steem to convert my 12k into 20k and come back meaner and stronger hahahaha

Peace bro!

I love this attitude and as well your posts

I think steem will rise and until than enjoy the #BeerSaturday challenge on the blockchain

Thank you @detlev,

I try to have fun and don't take myself very seriously on steem, but i do take trading my steem seriously.

I hope I don't end up a broken dolphin at the end of this journey hahahaha

Beerz Beerz... thou i am a Single Malt man (SMM)

Este Post ha sido votado por @gatillo y curado por @bebeth para @steempress-io


https://discord.gg/AgtNh53


Ya que utiliza el servicio de hospedaje de WordPress de @reveur y el plugin de @steempress-io para publicar contenido en nuestro idioma, el #castellano, si deseas saber mas o formar parte, haz click en la imagen para entrar a nuestro discord.

Un proyecto de @nnnarvaez

You got a 49.61% upvote from @ocdb courtesy of @nnnarvaez!

@ocdb is a non-profit bidbot for whitelisted Steemians, current max bid is 20 SBD and the equivalent amount in STEEM.
Check our website https://thegoodwhales.io/ for the whitelist, queue and delegation info. Join our Discord channel for more information.

If you like what @ocd does, consider voting for ocd-witness through SteemConnect or on the Steemit Witnesses page. :)

Hi @nnnarvaez!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.432 which ranks you at #2155 across all Steem accounts.
Your rank has improved 8 places in the last three days (old rank 2163).

In our last Algorithmic Curation Round, consisting of 369 contributions, your post is ranked at #209.

Evaluation of your UA score:
  • Some people are already following you, keep going!
  • The readers appreciate your great work!
  • You have already shown user engagement, try to improve it further.

Feel free to join our @steem-ua Discord server

Coin Marketplace

STEEM 0.20
TRX 0.14
JST 0.030
BTC 68168.17
ETH 3256.43
USDT 1.00
SBD 2.67