There is One Aspect of Steemit That I Love Above All Others.
I receive crypto daily from posting on Steemit. Each and every day of the year I write and that means each and every day of the year I receive SBD payouts. I take these SBD payouts and sell them on the open market. I then use these SBD payouts to buy coins I feel are quality. For the last month I have been buying Cardano (ADA) hand over fist.
Currently 1 SBD = $4 USD and 1 ADA = $.32 USD
I really don't care what the market is doing on a daily basis. I am always buying!
Here is a screenshot of my ADA orders since February 17th. The only thing I use Bittrex for is selling SBD and buying ADA. I LOVE STEEMIT!
%20BTC-ADA%20Ada.png)
Buy the dip is the secret to be rich ;)
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Thank you for sharing Randy! ADA is going to have a killer year, I'm right there with you buying these dips.
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UPVOTED RESTEEMED Nice strategy I think I’ll do the same with the few sbd I make and then HODL ADA I hear a lot of good stuff about them..! Do to HODL any other coins longterm!!??
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I think ADA is one of the coins that will be able to compete and always get to the devotees.
I also want to have a coin there, because the ADA coin has a bright future.
@hilarski
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@aaawee What are the fundamentals that make ADA such a good coin? could you please clarify it a bit more? Ive invested in ADA too, but didnt hear that much about it so far...
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Great tech, + it's named after Ada Lovelace - what's not to love ;-)
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Good idea , Now i'm transfer my steem to steem power I reach 742 Steem power in 3 months , when I reach 1000 Steem power I will buy other coins by SBD, Thank you Steemit
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good morning hilarski, I am very new in steemit, but with what I have been paid, I bought a little bit of etehereum and I will keep buying more.
Happy day.
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Keep it up! Being consistent is so important here.
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I accept all you said here. @hilarski, your updates more valuable for newly users. Excellent...You will do more post every days. Good luck and best ideas you have about cryptos. Thanks for updates.
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I stopped buying cardano long ago and now i am holding SBDs in hopes that it will rise to 10$ for one last time so that i could exchange it for fiat.. guess it was a stupid decision after all.. the amount of cardano i could have bought over one month would have been insane and one little jump of cardano and i could have made thousands in profit..
i am going to take your advice. I am going to start buying again.. too much hodling over SBD has cost me pain of not buying my favourite coins..
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That seems risky to me since SBD is supposed to be pegged to $1. I know it went up recently but for almost two years it did nothing.
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Precisely.. a risk that i chose to take. cause i was hoping that one fine morning i will wake up to see SBDs going through the roof (like it did before).
I have recently started to build a reputation for myself and have started to get good payouts on posts (since 60% of my blog is now dedicated to write about steemit and steem blockchain guides).
But you are right. SBD is supposed to remain at 1$ and it can come crashing down anytime.
It was a really really stupid decision not buy cardano and EOS when SBD was still trading at 8$ a piece.
Guess i am gonna have to take your advice...
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Sbd and steem will be in good price in my opionion couse those who already invested in good project here don't want to have competition:) They started earlier so they should be anyway on very good profit. Nothing to loose then
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Hold SBD when it is increasing. Not when witnesses are trying to take it down. Medium Term SBD goes down. Right now at 1.20 Steem is better to change it for Steem and when Steem goes up, buy cardano
In the last shoot out I took refuge at cardano. Bought at. 57, ended loosing as I was forced to sell at. 047 and take refuge in SBD for Upvote Bidding Bots Game..
But at 0.32 Cardano may be a Killing
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wow buying other prominent cryptos with SBD is no doubt a wise decision indeed and i will also capitalize on this opportunity by buying ADA with SBD, thanks for sharing your nice thoughts with us, Stay blessed
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definitely a good idea! Ive been doing the same for a while! Specially with EOS...greetings from Spain amigo! :)
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Buy The Dip! – Most Secure Trade Entry Strategy
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Absolutely, remains to know how to identify your entry points, and exist points based on fundametal and technical analysis ;)
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great stuff @hilarski ! I do pretty much the same... ADA is great, but would love to have EOS on bittrex though... I gotta change sbd into btc and then into ether to transfer it to binance to finally buy EOS ...bit pain in the ass...Im searching for other easier options... by the way, are you bullish on EOS at all?
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Yeah...Agreed @hilarski. Crypto whole market down this moment, better using buy dip. Great opinion.
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Daily changing market .that's why also i don't care about that what the happening in there.
But sometime anyone posting in steemit then i know that what is the price
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The steemit community will always be here despite dip or no dip . We are here to share with each others !
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I have to also admit that i now have a small investment in crypto and thanks to Steemit.
Steemit is a game changer in the crypto game,you learn and also trade crypto whether theres a dip or not...Go go Steemit.
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steemit is not a revolution....is pure evolution of social media and crypto... I am already seeing huge impact into the Venezuelan comunity... Today i talked with a guy who is an University Profesor in Caracas and he earns more from Steemit than from his 40h/week job.... he told me Steemit became a blessing to feed his family....thats when you start realizing that this is something big...
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@hilarski, I sold all my Ada before the last major crash. So you think Ada is good buy?
By the way, what is causing this bearish market? Is it the Indian FUD? I admire that you can write everyday. I haven't been able to do that myself. Keep it up.
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I sold near the peak as well. It is 1/4 the peak so I think this is a good entry point for me. I don't worry about FUD anymore. I just buy and sell if the profit is enough.
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" I really don't care what the market is doing on a daily basis. I am always buying! " This is a wise move as then your median buying price is always a good one when you buy all along no matter what the price ! I wish i had done this with steem as by now i would be already a steem millionaire )) Steem On @hilarski )
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great idea @hilarski but each period of weakness has turned out be nothing more than a bump in the road to new record highs and nice profits for those using a strategy
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Its very good and informative bolg
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thanks for your best valuable post. i really impress to your post.
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I enjoyed reading your post. There is a lot of good stuff.
Thank you for this article.
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this is amazing ..........great to share.
thank's for sharing.
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thanks for new updates... it is very helpful for me... i want to say you that it was need for me to know... thanks for sharing this valuable post...
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wow good news. its very informational post. i like to read your post. thanks for share
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Nice post Really good job
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this is wise idea to buy something from market when its dropping its price, i am preparing to buy some steem or other coin, thanks let us inform.
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Great decision and very nice suggestion @hilarski. I'm doing the same!
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Im doing my best to get to that level. Thanks for sharing!
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great post. I on the other hand am hodling all my sbd. sbd to $20 by years end
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But I am converting my sbds to steem and powering up since i want to have some more SP, I hope i am doing it right although i don't have about idea on the subject.
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You are an intelligent guy. We need to learn from you. Cause oneday price will up. We have to keep patient just like you. Thanks for sharing this
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I invested in the middle so I’m in loss right now but my hands are not weak , I’ll wait for it . Though I can’t buy at the dip
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I think it's smart to diversify into other cryptos. Will take a closer look at Cardano. Thanks for the trading insights!
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Good approach! By dollar cost averaging into positions you can never be caught miss timing the market. It creates a solid cost basis over the long term.
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You think Bitcoin can down to 6000$ again? Or 8000$ it's the limit? Thanks @hilarski.
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Great idea on how to convert and best use SBDs. Thanks again for more great tips!
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hahah that's what smart traders do :D ... do you think its good time to buy trx
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yes friend buying in dip thanks to steemit.😚
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Wow great news, it is better idea to buy the crpto with the sbd ,I have to follow your footsteps, please guide me how to do it friend.
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The future of ADA is very big, I still do not reach 1k, I hope soon.
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Each new thing/development/rehearse isn't promptly acknowledged by us, the people since it's against out nature. It requires us investment to stop our usual range of familiarity be it some old schedule/traditions/customs or something to that effect. The mankind's history is a genuine delineation of this training again and again in any case what's privilege is acknowledged. Blockchain innovation tackles numerous issues that customary saving money framework has made. There is dependably an expiry date for everything and this saving money arrangement of the world bombed in 2007. There was a critical need of something better. Along these lines, this enormous money related crunch brought forth Bitcoin. Presently the reality of the situation will become obvious eventually, how this future innovation is avoided the general population. Right around 33% of the world is now connected with it specifically or in a roundabout way and this number is quickly going up. No boycott can work on the grounds that there is no better option accessible. More energy to decentralization.
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ADA is looking good to have a great year. Actually all of the cryptocurrencies, after this dip will start their year much stronger.
I think there is no secret on buying the dip, especially if you understand a little bit of markets evolution, and about crypto potential.
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Buy low, sell high, universal wisdom 😎
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Sounds like a good plan! Just getting into steemit and I like it even more each day :) Normally I'm not about write content but making pictures but perhaps I can intertwine them. Keep it up!
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Thanks for the share bro! ADA moon wen? :D Hodling my bag and won't sell
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Just constantly buying like that is what makes us all such crypto enthusiasts! It is so much fun just having different coins!
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Well, I was happy making buy orders of a few hundred dollars...
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