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RE: A beginners guide to Steemit - Discussion group recorded yesterday in Bali with @samstonehill

in #steemit7 years ago

19 currencies! Wow. That must be a bit time consuming to keep an eye on! I guess you set stop losses right? I am pretty new to trading but Steemit is my new best friend and addiction :)

It enables me to put more and more into the markets each month... and it also pays my bills!

It is basically my job now :)

Thanks for the comment my friend and look out for more informational films coming soon to help you make the most out of Steemit.

And I would love to chat about trading at some point! Perhaps you have some tips for me?

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Well, before any investment you first should try to know what are you investing in, I pick projects that look promising like Golem (decentralized cloud storage), projects that solve real problems, that have good market capitalization, that have a solid team of developers. For example, Steemit looks extremely promising.

It's important that you understand your investing style, for example, intra-day, short, mid, long-term. if you gonna short or whatever you gonna do and then you stick to the plan you made in cold and embrace the market as it comes.

as for keeping an eye and check behavior, I use blockfolio its an amazing app and really simple to use.

right now is a good time since the market is really tense due to the USAF on bitcoin so everything is kinda cheap now.

im starting on steemit and i would love all possible advice you can give me and if you wanna talk about trading reach me whenever you want :)