Viewing a response to: @jrcornel/steem-good-things-are-coming-even-if-the-price-hasn-t-realized-it-yet
Hi. I'm not an expert on crypto nor the recent developments in the Steem blockchain so half of what's being said here sounds French to me. However, I am familiar with stocks and the stock market (at least here in my country) and I have been tracking the price of Steem for quite some time. I have noticed that if I traded Steem as I would stocks, I can earn anywhere from 5 to 10% every week depending on my entry point. Steem price usually drops down to $0.11 but sure as hell it gets back up again within the week to the $0.13 to $0.14 range. If I buy at $0.12 and sell at $0.132 that's a cool 10% return less whatever the charges are for buying and selling, which again I am not familiar with. The point of all this is I suspect Steem is popular because people who trade Steem (buy and sell only) can earn a hefty return on their investment just following the age old strategy buying low and selling high. Plus the fact that it's cheap anyone trading does need a big amount of capital. This is just my observation and I just want to share it with you for whatever it's worth. Thanks for your post and the opportunity to share my opinion.
post_id | 83,466,929 | ||||||
---|---|---|---|---|---|---|---|
author | gems.and.cookies | ||||||
permlink | re-jrcornel-2020116t02954557z | ||||||
category | steem | ||||||
json_metadata | {"tags":["steem","steemit","busy","palnet","steemleo","marlians","dblog","bilpcoin"],"app":"esteem\/2.2.2-surfer","format":"markdown+html","community":"esteem.app"} | ||||||
created | 2020-01-15 16:29:54 | ||||||
last_update | 2020-01-15 16:29:54 | ||||||
depth | 1 | ||||||
children | 2 | ||||||
net_rshares | 0 | ||||||
last_payout | 2020-01-22 16:29:54 | ||||||
cashout_time | 1969-12-31 23:59:59 | ||||||
total_payout_value | 0.000 SBD | ||||||
curator_payout_value | 0.000 SBD | ||||||
pending_payout_value | 0.000 SBD | ||||||
promoted | 0.000 SBD | ||||||
body_length | 1,147 | ||||||
author_reputation | 30,045,385,302,046 | ||||||
root_title | "Steem - Good things are coming, even if the price hasn't realized it yet" | ||||||
beneficiaries |
| ||||||
max_accepted_payout | 1,000,000.000 SBD | ||||||
percent_steem_dollars | 10,000 |
That is an astute observation. The volumes are pretty low in general on a daily basis, so anyone doing this is likely using small amounts of money, like you alluded to. Are you doing any trading yourself?
post_id | 83,468,549 |
---|---|
author | jrcornel |
permlink | q45tua |
category | steem |
json_metadata | {"app":"steemit\/0.1"} |
created | 2020-01-15 17:56:33 |
last_update | 2020-01-15 17:56:33 |
depth | 2 |
children | 1 |
net_rshares | 0 |
last_payout | 2020-01-22 17:56:33 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 204 |
author_reputation | 3,801,893,963,205,612 |
root_title | "Steem - Good things are coming, even if the price hasn't realized it yet" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
sempurna | 0 | 0 | 90% |
Hi again. No I am not into trading but I am very much tempted to. I just simulate trading and so far in the last 2 months I'm up :)
post_id | 83,477,782 |
---|---|
author | gems.and.cookies |
permlink | q46jel |
category | steem |
json_metadata | {"app":"steemit\/0.1"} |
created | 2020-01-16 03:04:45 |
last_update | 2020-01-16 03:04:45 |
depth | 3 |
children | 0 |
net_rshares | 0 |
last_payout | 2020-01-23 03:04:45 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 131 |
author_reputation | 30,045,385,302,046 |
root_title | "Steem - Good things are coming, even if the price hasn't realized it yet" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |