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RE: Lambug Beach

in #beach7 years ago

Blogging for me wasn't as profitable as delegating my Steem power to voting bots. In my opinion, delegating to Boomerang was very profitable for me.

However, now I am powering down because;

In crypto you have to be the first in, and first out. While I live Steemit for many reasons, I feel that for now it's growth is slightly stagnant and I can make more of a profit selling for Bitcoin, and moving in and out of the market.

So Steem hovers usually around 0.00032-0.00036 BTC. Range trading within these parameters seems safe to me, and with enough capital should be more profitable than blogging or commenting... And is a much easier use of my time.

For instance... 1 BTC when Steem is at 0.00032 would buy me 3,200 Steem. Selling for 0.00036 would net me 400 Steem = 0.14 Bitcoin profit.

I'm hoping to make these range trades enough to double my Steem holdings.

If any of that makes sense. I'm mobile now, so forgive any mistakes.

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Good morning bro.
I have finally finished the project i was telling you about.
You can check it out here, when you have the chance.
https://steemit.com/minnowbigbrotherfund/@mwanjo/introducing-the-minnow-big-brother-fund

Seems like it will be too much work. Tough competition in the buy-vote market. I would suggest just increasing your SP until you can offer this service, automated. You have the right idea though!