How To Make Your Investment in STEEM Work?STEEM is an attractive cryptocurrency for long-term investment. And there are three reasons for this.
1. Bullish divergence.
Thus, the first potential source of profit is an increase in the price of STEEM.
2. Stacking.
STEEM is a cryptocurrency with its own blockchain, linked to the social media platform Steemit.
> Steemit is a blockchain-based blogging and social media website. Users can gain a cryptocurrency, STEEM, for publishing and curating content.
By creating a Steemit account, you immediately get a secure wallet on this platform. You need to transfer your money to this wallet and make a Power Up. After that, your STEEM becomes STEEM POWER.
WARNING! STEEM POWER can be transferred back to STEEM at your discretion at any time. This will happen in 1 month in four tranches.
As you have transferred STEEM into STEEM POWER, the rule applies to you:
> STEEM POWER increases at an APR of approximately 3.10%, subject to blockchain variance.
So, this is the second source of profit.
3. Profit from content curation.
Don't panic! You don't need to do anything :)
At Steemit, you can make a profit from content curation. To do this, you need to connect your account to the Curation Trail. Such a trailer can be found, for example, in the WORLD OF XPILAR community on Steemit. This is the biggest trailer, but there are others.
A specific example. My investment is 16983.06 STEEM. During the last 7 days, for content curation, they brought in a profit of 46.38 STEEM, or 0.273% per week. A simple calculation shows that for automatic content curation you will receive about 15% of the profit per year.
An added bonus is that when you receive STEEM for content curation, you receive the same amount of TRON at the same time.
Conclusion
Yes, it's a little trickier than just buying and waiting for a price increase to sell. But the one who has the knowledge makes a profit. All of the above can be done in one hour. The next few years your money will make you money :)
Steem (Cryptocurrency)
Hive Short 10% ?Looking at Hive chart we can see we have a little push upward. If Bitcoin cant go trough the resistance we might see altcoin go down with it.
Hive resistance 1.006 USD
Support 0.89$
wait for long. We could go as low as 0.54 USD
Thanks for reading.
Good luck and good profits.
George
Not Financial advice. DYOR.
STEEM - unexpected pumps.STEEM along with it's hard fork HIVE sometimes does parallel pumps and these are not-so-much influenced by BTC /NASDAQ. I've deliberately chosen Bittrex exchange. You can take advantage of really small volume on most alt coins, the sudden high wicks are closing your deals in profit. (clearly visible on hourly charts)
STEEMUSD Spiral TargetUsing Fib spirals to plot potential Tops for STEEMUSD
Also have plotted the transitions between bear and bull
Am a bit concerned about the validity of the spirals placed on logarithmic charts, yet here we are
🆓Steem (STEEM) Aug-24 #STEEM $STEEMSTEEM has spent 2 months for moving sideways around 1200sts and in the coming days, STEEM is likely to have a strong rally with the nearest 2 targets at 1800sts and 2400sts and it can absolutely increase stronger. But if it loses the 1200sts zone this turn, it will fall down to 800sts zone
📈BUY
🔴Buy : 1150-1250sts. SL if B 1000sts
📉SELL
🔴Sell : 1750-1850sts. SL if A
🔴Sell : 2350-2450sts. SL if A
♻️BACK-UP
🔵Buy : 750-850sts. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
STEEMBTC - STEEM UDS - STEEM LONGENTRY - STL - TP on picture
TP of me . And TP of you , i don't know
You can buy more if price lower entry
" High risk scaling consider when entering orders "
Wait to entry no buy price now if price done TP2 , We cancel this order !
THIS SHITCOIN BUY 20% $ TOTAL ACCOUNT
I am fomo following the recent pump dump events
Steem Analysis - STEEMSteem is showing some bullish signs on the USD pair. With a price fold over the 1.618 level, in addition a green Gaussian Channel, which is a very reliable trend indicator
However, on the BTC pair price action is quite low
If a trend reversal occurs on the BTC pair the USD value could go quite high
Steem is a good coin, I have thought about baghodling it