Am Into Crypto
Am into crypto currency! This business is very challenging. Sometimes things move pretty good but then suddenly it goes kapoot and lose money.
Wow! It is an experience though! You have to learn a few things here and there. You buy when low and sell when high. One must know the right coin to trade in.
Bitcoin sounds interesting but like an expectant mom, her moods change so suddenly. One great disadvantage is it happens to pull other altcoins with it.
When it comes to withdrawal, bitcoins and Ethereum has a high fee that will keep you away if you are a small trader. I prefer to use Litecoin (LTC) to withdraw. It is good you can simply exchange one coin to another.
Kusama(KSM) is my best coin to trade in. It rises up in value to the same tune it loses value. One Kusama may go for between $300 to 700. If you buy one at $325 and resale it at $650, you will make a whooping $325 in a jiffy. If one buys about a hundred of KSM then they will go smiling to the bank with $32,500. This sounds good. Do not take my word for it.
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Comments
MegL wrote on June 18, 2021, 8:19 AM
I have never used or traded crypto. It sounds interesting but I am not into risk!
1VinceSummers wrote on June 18, 2021, 1:29 PM
Um... I don't think I'll try it. It's just a bit too much "out there" for me.
1stbrians wrote on June 19, 2021, 2:43 AM
Actually MegL it is very interesting risks aside. Sometimes you make huge profits but you can be scammed
stbrians wrote on June 19, 2021, 2:45 AM
@VinceSummers Everything usually has a first time. Steemit introduced me to crypto
MegL wrote on June 19, 2021, 10:21 AM
Yes, I would imagine so!
lookatdesktop wrote on June 26, 2021, 6:40 PM
I would prefer gold and silver or cold hard cash. But if you are managing to profit and double your money with it, go for it. But I will stick to the basics of plastic or paper money. LOL