Hello guys. So lately, I found this simple trick to grow your money.
As you can see in my wallet, I have 1.518 steem dollars. Now, you might be wondering how to grow it without additional $ from your posts.
Simply go to market...
As you see, the lowest risk when buying steem is 1.008472. Now, you'd want to transfer you steem dollars to steem but wait until the price gets lower than 1.000000 so that you get more steem when you buy it.
See this one I highlighted. The person paid 23.943 in exchange for 24.184 so that's an additional of 0.241 steem that's because the price is lower than 1.000000 which is 0.990034
Conversely, if you already have steem, don't power it up yet. put it back on the steem dollars by selling your steem. Now, you would want to sell your steem if the price is higher than 1.000000 so that you get more steem dollars when you sell it. Take a look at the trade history and see how much the difference you get just by simply selling your steem at higher rate.
By doing this, you can increase your $ but you'll have to wait until the prices are right. Just keep buying and selling your steem and it will grow. Just remember, when buying steem, the price should be lower than 1.000000. When selling steem, price should be higher than 1.000000.
That is all, I hope you liked this simple trick. Enjoy steeming!
This is a great tactic for sure!!
yess :D especially if you ran out of ideas on what to post then we can just grow our money by doing this
Also creating good quality posts and comments is a great way to earn and gain followers.
yesss :D but sometimes I can't post everyday so I just do this :)