RE: Cryptocurrencies Market Overview - July 20, 2017

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Cryptocurrencies Market Overview - July 20, 2017

in cryptocurrency •  7 years ago  (edited)

No Steem?? :P Should be 4th's

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1% in STEEM since Shapeshift.io no longer trades it...

:(

So what are you saying? Is that impacting the currency itself?

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

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.

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.

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?

Inflation?

What now? What about inflation?