Few months back I had purchased some steem and had powered up when its price was almost similar to what it is now. Soon after, When I saw prices moving up I powered down my account and traded with fiat and that way I got a good profit of over 70% for the money I had invested. It was of a huge help for me as I happened to use this money at the crucial time of my marriage.
Last week I again noticed prices beginning to drop. I saw a great chance for taking advantage of this opportunity. Now I have bought over 2000 steems and have powered them up. Right now my stake on steem block chain is over 3300 SPs which I consider is a decent share.
Originally I thought of buying over 10k steems but changed my mind because of highly expected volatility in short term in crypto space!
Looking forward to observe an increment in prices so that I can be on trade for some time!
Keep steem on!
That's a great thing bro. I also purchased around 1000 Steem and I'm skeptical about the current situation of cryptocurrencies. So, just going to observe how 1000 Steem investment goes. But it is really tempting to buy more with fiat.
Posted using Partiko Android
From where did you buy STEEM using fiat?
Posted using Partiko Android
Generally I buy cryptos from instashift. In wazirx steem is available at a more cheaper rate. But there seems some problems with deposit and withdrawal.
Congrats!
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