My Steemit Strategy for Crypto - Crypto, the Next Generation!

in crypto-journey •  7 years ago 

Hey everyone! I've been taking a break from using Bittrex up until just a little while ago. I decided that, even though I was hacked and my cryptocurrency was stolen, chances are that adding the 2-Factor Authentication will resolve that issue. So now I have that extra layer of security in place. Now I'm going to restart basically from 0 (I think I had 2 STEEM and a tiny bit of BTC remaining after the theft). I think the USD value went from nearly $1K down to like $11 total, so I was a bit aggravated. Now here's my current list as of today (along with the original buy-in cost).


I'm Gonna Make It Rain!!

_Cardano (ADA) 111.78558087 Units -> 0.00005354 BTC Buy Value => 0.00005223 BTC Current Value
Bitcoin (BTC) 0.00416252 Units -> 1.0 BTC Buy Value => 1.0 BTC Current Value
SteemDollars (SBD) 6.00000000 Units -> no buy value (from Steemit) => 0.00059837 BTC Current Value
DogeCoins (DOGE) 3254.58125000 Units -> 0.00000084 BTC Buy Value => 0.00000062 BTC Current Value
ParkByte (PKB) 14.31441487 Units -> 0.00013937 BTC Buy Value => 0.00010799 BTC Current Value
ReddCoin (RDD) 1466.91176471 Units -> 0.00000136 BTC Buy Value => 0.00000101 BTC Current Value
STEEM (STEEM) 2.00000000 Units -> no buy value (from Steemit) => 0.00039752 BTC Current Value
SpreadCoin (SPR) 1.12039264 Units -> 0.00006551 BTC Buy Value => 0.00012600 BTC Current Value

This turns out to total out, currently, at 0.01953955 BTC / $ 216.94 USD for the moment.

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This is scary, hope you recover soon, will send dogecoins :).
Is Cardano a good buy ?

Right now most coins are looking pretty “bouncy” as to mean they are fluctuating quite a bit. Then again, I have little to no true concept of what a good Coin/Token actually is. The beauty of my method is that I diversify on cheap crypto so there’s little downward mobility and if I have lots of a cheap one that skyrockets then my total looks really good. As an example with dogecoins I have 3000+ Units and if it shot up to $10/Unit then that’s suddenly $30K in my pocket. Or I do this hoping that the values increase enough against BTC that it then allows me to buy more in BTC down the road a bit and if BTC jumps like it did last year then I have more BTC. Let’s face it, 10 BTC at a time where BTC is $100K as some are predicting makes me a millionaire. Either way works for me.

Sad to hear dude that your Bittrex was hacked.... how long were you using Bittrex for trading? hope you didnt lose much money there....

And best of luck with your fresh start!

I had been using it for about a month or 2 just pumping in my SBD earnings from Steemit to fund my portfolio. I was at about $1000 USD that I lost nearly all of it.

Any post that offers a reminder about the value of 2FA ... is a good post. Secure your stuff, folks!

I hope it works to secure it more. Now I am still just waiting to see if Bittrex can resolve my issues.

Glad to hear that you're back on Bittrex and sorry to hear that you were hacked before. You have an interesting portfolio spread there, very different to mine apart from Cardano and STEEM, let's hope we both do well!

My plan has always to be very diverse. I’ll probably buy some Golem, AdToken and other cheap cryptos and possibly even some smaller amounts of the bigger offerings.

I also use MinerGate and have a few mined slots as well as some parallel BitCoin Cloud Contracts. I’m now buying more Cloud Contracts with my Cloud Contract earnings. It’s all about spending in with super-small amounts.

Yeah I'm the same. I'm accumulating more OmiseGo at the moment, got in at $4 but didn't get enough!

That sounds like a good plan, an I agree about spending in with small amounts! I run a series on my blog about some passive income cryptos which might interest you for some smaller investments!

I will have to try and look at you posts to see.

Thanks!

2 factor authentication is must because it increases the security of the account... It was really sad to hear that your coins were stolen but hope this does not happens again... @dbzfan4awhile please keep two factor authentication.. Nice post fella you have so diverse portfolio!!

I am definitely keeping 2-FA turned on because of my experience. The one positive is that it didn’t hurt me in the real world because I wasn’t buying my way into it. I already had 2-FA on for my MinerGate account and have otherwise only bought in about $100 USD total between myself and my wife on Steemit in pure SP. I get by but just want to make sure other users are aware of my folly so they don’t have duplicate experiences.

thats great u have already plain for ur future and those who preapre their self for future are the great ones and u have also doo that sir and yeah steemit and the next generation in u[coming days steemt will be on peak!

I am definitely trying to plan for my and my wife's futures so that we can start to make a better life than we have.

thats shows the sincerity of a person with his family and shows the responsiblilty and that how much a person is responsible!I APPERICATE UR THINKG!

I am always trying to put my family's needs first before my own, as I was taught was the right thing to do.

thats the spirt actually thats make a man perfect!and i have to say that ur a proud man!

Thank you for your kind words.

pleasure sir!

wall i like this

Thank you.

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