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RE: 💰I MADE MY FIRST BITTCOIN ON BITTREX ! Steemit made it possible =)) (Over 600USD in One Single Night !)💰

in #steemit7 years ago (edited)

tngflx, I was new and totally inexperienced in early July. There was no one to guide me. I wasn't too clear about "exchanges". Tried to register with Coinbase since I had read that it was "the biggest" or something. Then was met with that very disappointing "Sorry...not available in your country" :( Fortunately I discovered Bittrex through a discussion group somewhere. The prices are much better than at Jaxx with ShapeShift. Convenient, yes. But the ShapeShift transaction costs were rather high.

One mistake early on - I was approaching the cryptomarket like I do with Bursa Malaysia. 20-40% gain? "That's good enough"., and I sold those coins waaay too early. Felt like crying when they doubled after I sold :)

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Yeah I'm using Luno now. And to beat transaction fee, check out my post :) https://steemit.com/bitcoin/@tngflx/how-to-save-money-from-bitcoin-tx-fee. I see... I'm still hodl until I earned at least 40% of profit :D I wish it will worth it for ethereum. But now everything drop again :( Time to shopping!

Ah, that post about saving money will be useful. I had felt rather wary yesterday morning, when BTC was very near $5,000. When many others are exuberant, I'm nervous. So I sent back a chunk of BTC to Luno, and sold for ringgit. Even paid the 1% taker fee because I didn't want to wait. Then BTC suffered a drop.

@thing-2 Wow! This is so nice of you! I definitely didn't expect anyone to upvote a sub-comment like this. Thank you. This is a very encouraging development in my very early days at Steemit.