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RE: The Big Steem Drop, Was It Good For Your Growth Rate?

in #steem6 years ago

Thanks so much for taking the time here to explain it that way. I think I just got a lot closer to understanding! If you get the chance to answer (2) I am ready to buy into Steem as an investment and would just like to have the least amount of memberships and hops to make to do that!

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I'm not sure I understand what you mean about having the least amount of memberships... If you can explain I will be happy to give you more of my opinions and/or help!

Can I buy Steem directly somewhere or do i have to first set up a litecoin account and then transfer ETH/BTC to somewhere to get the Steem?

Normally you need to set up an account and buy a separate crypto currency then convert, but I think you can check with @lynncoyle1 and see if she wants to work with you. If you want a small amount she can probably help as she is selling to help her husband with his meds. I have tagged her here, but you can reach her directly if you want.

You got a 0.62% upvote from @emperorofnaps courtesy of @unleashpower!

Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!

Ok Thanks Dave. I want to invest in Steem on a regular basis . Was hoping to hear there was more of a clear cut method to buying than going thru the buy, then exchange, method. I thought i had seen a direct way to buy from a new cryptovendor. Thanks CT

There are not "official" places to do it direct to my knowledge. It is either to buy it via another crypto and then converting or going the route of having a few people that you are connected with that buy it... @pennsif is one that buys regularly.... I think you can also be one that buys regularly too... Just make a post and tell people you want to buy x amount of either steem or sbd... Make sure of 2 things if you do that though:

  1. you know who you are dealing with.

  2. keep the quantities small so that if there is a problem on either end it won't hurt you or the other side.

I am planning on doing this myself at some point in the future.

Thanks for the tips. I am more inclined to go the traditional route by opening a coinbase account and buying some - whatever - and then converting it to steem at wherever that is done.

that's cool... that is the normal way most people do it... I have heard the fees are kinda high (10% I think), but that is probably the safest way!