I own a ton of Steem (almost all of it sits on exchanges), but its value keeps dropping like a brick.
To post on Steemit it really doesn't matter wether you're a whale or a redfish, no point on holding thousands of Steem and even less so in powering them up, you need 3-4 months before you can trade them for something else if you decide to do so.
I've given up on waiting for Steem to regain value and trade it for BTC to break even in the amount of Bitcoins I have invested in it.
I am now looking to trade my Steem for other more solid high quality Altcoins, that have a high probability of outperforming Bitcoin in the next year or so to come.
What would your suggestion be to trade Steem for?
ADA (Cardano), NEO, EOS ... I really don't have a clue.
I am looking for an outperformance of BTC by a factor of at least 4 when the next Altcoin bubble happens.
Looking out for your views and comments.
Easy guesses are:
BCH, LTC, Byteball.
More generally, currencies with lower inflation rate, and I am aware that it is not the only factor.
And why restrict urself to altcoins?
Is not it enough that Bitcoin itself has and will outperform Steem?
You are looking for too much.
By Altcoin bubble you mean that Bitcoin is expected to drop against the rest?
It may be, but very few of the other currencies have a limited ultimate quantity the way that Bitcoin has, and this in itself is why Steem's ratio to BTC has usually been in a falling channel.
Steem is not for stacking, it is for usage, and if you do not need it, get rid of it.
I doubt that Byteball is expected to outperform BTC, but is not not an opportunity to buy?
This is not a recommendation, just a query of your opinion.
EOS is more inflationary than Steem.
It may have an expected higher rate of adoption ahead to offset it, but its higher inflation rate is not an expectation, it is a fact.
How inflationary are ADA and NEO, and what usages do they have?
Do you have exchanges to recommend to me?
flagged for bid bot abuse @steemflagrewards
Steem Flag Rewards mention comment has been approved! Thank you for reporting this abuse, @badcontent.
You bought votes to increase the rewards of your post above the value of its content.
This post was submitted via our Discord Community channel. Check us out on the following link!
SFR Discord
add on flag for bid bot abuse
@steemflagrewards
flagged for bid bot abuse @steemflagrewards
As far as exchanges go, it is wise to look for exchanges that have enough volume for a certain trading pair. If you have lots of a certain altcoin, it is better to move it to an exchange where the volume for that coin is highest, because else you will have to pay a lot more to get your orders filled.
I haven't studied ADA and NEO inflation yet, but I see from where they came in regard to Bitcoin over the last year. They seem to have a potential to outperform Bitcoin 4-5 times, once the next alt-coin hype starts.
I invested in Steem when it was much higher than now, so to break even I have to do some tricks, to get my original Bitcoin investment back.
Swing trading is the most secure way to earn money, but you have to know how to do it and I suck at it.
So my strategy is to invest and HODL and sell the pump. Also at the next Bitcoin pump in 2020, I will sell as much BTC as I can. But that won't be easy :)
Without knowing their inflation rates you can not and do not have a decent clue about what their future trajectories are.
Inflation rates are not the only factor, but they are the most predictable one, because factors like adoption rate are so much harder to predict.
Inflation rates are in their codes.
I feel sorry for you.
These charting methods are based on buy high and sell low, and to buy high and sell low is to lose.
The only chartist whom I respect is Kay Kim, whom is right for 2 years straight, and probably more, but I only started watching him 2 years ago, or 2 years and a few months.
IMO, even he is only correct for so long, because he is the biggest believer in rise, and the hidden hands happen to want inflation now, but once they pull the plug, no charting strategy will be inherently correct.
Another problem with you is that you do not play the STEEM game correctly.
IDNK how much you have in total, but even now in your STEEM account you have more than I have.
And themarkymark with the help of at least a dozen other pieces of shit can not take me down.
This just goes to show what you can do in STEEM.
One of the problems with STEEM is that it is much easier to get in than to get out, due to the power down time.
And this should be why people should think very hard before they get in, because it is better to stay away from it than to play it.
And to play it you need to go hard the way I do.
Did you join trybe.one already?
The airdrop is in less than a month, maybe less than 14 days.
I need to find the will to fuck with the EOS wallet shit.
flagged for bid bot abuse @steemflagrewards
Steem Flag Rewards mention comment has been approved! Thank you for reporting this abuse, @badcontent.
You bought votes to increase the rewards of your post above the value of its content.
This post was submitted via our Discord Community channel. Check us out on the following link!
SFR Discord
flagged for bid bot abuse @steemflagrewards
This comment has received a 41.67 % upvote from @steemdiffuser thanks to: @atempt.
Bids above 0.05 SBD may get additional upvotes from our trail members.
Get Upvotes, Join Our Trail, or Delegate Some SP
Hours earlier I sent you 0.05 with no link in the memo.
Still no refund.
flagged for bid bot abuse @steemflagrewards
Steem Flag Rewards mention comment has been approved! Thank you for reporting this abuse, @badcontent.
You bought votes to increase the rewards of your post above the value of its content.
This post was submitted via our Discord Community channel. Check us out on the following link!
SFR Discord
This comment has received a 68.75 % upvote from @steemdiffuser thanks to: @atempt.
Bids above 0.05 SBD may get additional upvotes from our trail members.
Get Upvotes, Join Our Trail, or Delegate Some SP
You got a 68.75% upvote from @sleeplesswhale courtesy of @stimialiti!
You got a 72.19% upvote from @sleeplesswhale courtesy of @stimialiti!
STAY AWAY from Bitcoin Cash ABC. It will go down to ZERO!
This comment has received a 83.33 % upvote from @steemdiffuser thanks to: @atempt.
Bids above 0.05 SBD may get additional upvotes from our trail members.
Get Upvotes, Join Our Trail, or Delegate Some SP
Congratulations @pagandance! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Do not miss the last post from @steemitboard: