How to - Start trading steem without crying

in steemit •  7 years ago 

Today I jumped head first into the world of cryptocurrency trading. Tearing into the a world that until recently didn't even exist...to me.

There has been so many new things that we have learned since beginning our adventure on Steemit. We have learned basic things like creating accounts, or uploading pictures via URL. We have learned how to navigate and explore many things that are offered on Steemit, and haven't even begun to wrap our minds around how complex the blockchain is.

With all of this learning has come alot of creating. We have been creating better content and overall blog structure. We have been taking better pictures and learning to edit. Our account is starting to resemble an account of someone that is trying hard.

Now the fun part

We have been blessed enough by the Steemit community that we have made enough Steem to trade out. Through this process we have had the help of a well known Steemian. He has walked us through a couple of options and has helped us figure it out.

Here is what we did

So I am going to throw this right out there. Today I decided to take a break from coffee, and learn new online skills at the same time. No doubt, this wasn't the best idea.

I knew enough about selling my steem to know that I needed a way to get it from Steemit and into BTC. For this I used Blocktrades. It is very simple. Just plug in numbers and addresses and BTC wallet numbers and something from this page over here and balance a fish bowl on your head....

Well, that is how it initially felt, as I looked across the room at my empty coffee cup....

For the next part of trading from BTC to USD I used Coinbase. This one was pretty straight forward also. 😉

Also, I watched several videos about how all of this is done. I am not at all old, and all of the videos were made by someone I was pretty sure isn't old enough to drink alcohol. One even mentioned that if you don't know what a BTC number was _"Bruh, you missed it and this may not be for you". _I refused to give up. I sat patiently sipping my orange juice, occasionally blowing on it before i sipped thinking it was coffee....kids don't start drinking coffee. It starts coffee with creamer and sugar, then it is straight black coffee to keep the edge....next thing you know you're snorting lines of coffee grounds just to get your day started

Ok, so back to trying to get my piece of this digital pie. I got it to work. No doubt it is because of my genius level intellect and problem solving capabilities....or the support of my loving wife @freedomtowrite, support from experienced Steemians, the cheeky kids that made me feel old, and my dog. Life is good and God is great! Good luck with your adventure.

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Use @Blocktrades to trade to litecoin or ethereum.

Get a desktop Exodus Wallet here: https://www.exodus.io/releases/

Then send all exchanged currency to Exodus wallet addresses.

Then you can diversify into a mixed portfolio that is easy to manage and exchange currencies.

Then add and wait to transfer over to Coinbase to cashout.

Safe, secure and using Coinbase as little as possible.

Thank you! That is a great load of info. I appreciate it!

Another advise I have got from lots of people. Trust no-one and I repeat no website to hold your wallet. Most safe option is to write your private key on a piece of paper :)

Haha! I enjoyed this immensly! Funny brother. Trippy, trippy, TrIpPy.................. I share your coffee addiction my friend.............. try half caff...............

I am glad you enjoyed it! I love coffee! 🙃

Me too! Too much! Try a pinch of Baking soda in it to cut the acidity within your body. This also, or at least for me, gives it a richer taste.............. Merry Christmas to you and yours my friend!

I feel ya buddy. Congrats on your trading! Following
New here! Homesteader @schoonercreek

Great! Thank you! Welcome!

This made me laugh, love your humor!

Thank you! I am glad you enjoy it. Stick around, we have no shortage of stories. 🙃

LOL "snorting lines of coffee grounds", you peaking in my window????

Hahaha

LOL!! Great sense of humor on what can sometimes be a confusing topic!!! I always follow and up vote!! :).

Thank you! It is so much fun. There is so much to learn. Hopefully I can get the hang of it!

It is truly more confusing than I ever imagined and I can’t balance a goldfish bowl on my head. Lol🐓🐓

Haha right on! I love it. It is very complicated, and worth it!

If you ever figure it out you will have too tell me the secret. 🐓🐓

sounds exciting. I never used coinbase but first hand experience with hitbtc. I am not recommending it. Thanks.

Lines of black coffee for breakfast... just like grandma used to do.

Thanks for the memories.

Haha 🙃