RE: The 7 Golden Rules Of Cryptocurrency Trading

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The 7 Golden Rules Of Cryptocurrency Trading

in cryptocurrency •  7 years ago 

Good article with useful information.

But what do you think? It's worth to invest in STEEM?
I've never invest in any crypto, and I wouldlike to invest some money (not much, I don't have even a job, still learning) in cryptocurrency, and I thinking about STEEM, because I use steemit.
What do you think? Is STEEM going to be more expensive soon?

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Hi @mrowkarz, thanks for your question,
STEEM is the best invention of blockchain for social media and blogging. What makes price rising is supply > demand, I am sure steem will be more expensive because number of user is increasing, they need steem to promote their post, they buy steem because steem is real application that works

Thanks for the answer!

hi @mrowkarz, thanks for your comment, I am a trader and I only trade top 50 capital market listed in coinmarketcap. Steem is great for investment but I am looking opportunity for short term trading (daily to weekly trading). I believe that steem will rise.

I guess Steem will not go above USD 10 by the end of 2018.

We will see what happens . Only time will tell .

Indeed

Do you have a reason for your analysis? I'm not saying that it will go above $10, just that if you make a statement like that I would like to hear your analysis on how you came to that decision.

Hi @jmjury It's based on my gut instinct. We could actually hold a crowd forecast on the prediction of maximum and minimum price of Steem in 2018, that would be interesting and more informative.

I love your idea of a crowd forecast for a wide array of crypto prices. Do you know of such a platform to do that?

There's a platform called Estimize which constantly 'crowdsource' forecasts of users on stock prices (mainly those in S&P 500). I had suggested them to include some of the most popular cryptos but they haven't done so yet, maybe lack of resources to do so.

Think it will if you want to invest keep your money in the community buy some of their stock. I'm going to buy some and trade it if it goes up you make money and can sell buy back in or you can leave it. I haven't watched it to much but see daily how it trades and check out binance if you go to my page there is a link