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RE: Cryptocurrencies Market Overview - July 20, 2017

in #cryptocurrency • 7 years ago

In order to minimize risk and loss, I STRONGLY RECOMMEND "thirds rule strategy"

I don't store any crypto on any currency exchange anymore, I don't trust any of them!

So if I can't TRADE STEEM using services like shapeshift.io or blocktrades.us EFFECTIVELY, 1% is ALL I AM willing to RISK or LOSE.

Just being Very Frank

7 years ago in #cryptocurrency by
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     7 years ago  

    I see. That's going to serve you in the long-term for being disciplined, but why don't you trust any currency exchanges?

    I mean I'm just thinking, and I really have absolutely no problem investing into Steemit. Especially if the person is spending a lot of time here.. It's well worth it to me.

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       7 years ago  

      I hear you @enazwahsdarb53

      "but why don't you trust any currency exchanges?"

      1. They are not dependable.
      2. They want too much personal information.
      3. I want to control the private keys.

      Not saying don't invest in Steemit, I'm here spending a lot of time here too! It's a GREAT source of USEFUL information and learning!

      steemit.com will most likely continue if for any reason an exchange gets hacked or taking down that trades STEEM.

      I NEED LIQUIDITY 24\7

      MyEtherWallet allows me to TRADE many other cryptos/tokens using shapeshift.io such as ETH EOS LTC BTC REP TIME and many more...ALL without having anything on an exchange.

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       7 years ago  

      I see. Well to be honest, I am happy with the liquidity Steem has to offer.. I know it's not 100% ideal, but it's enough for me. Even if you power down, it'll only take 13 weeks.. It is too long.

      How are you able to trade without exchanging though?

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