And what happens if IOTA increases more than 100%? And what if EOS is triggered as predicted by ?
Hello Steemians. I take this opportunity to say hi and also wish you a very happy Steemit. I wish you for this new year: great profits, beautiful relationships, great opportunities and good health.
Many times we have very clear ideas and many other times we don't. On this occasion, I consider it important to share with each and every one of you some things that I am carrying out. My idea is to learn how to move money. As far as I know this an art that must be practiced with discipline, knowledge, risk analysis and above all, a lot of optimism and intelligence.
We have already seen how Steemit can be a great source of income if we know how to take advantage of it. My friend told me that she had been able to buy many things thanks to her income in Steemit, last christmas. This fills me with joy since it has been the reason why I started doing the cervantes meetups in Venezuela. I understand that the world is changing every time people take the opportunities and decide to take the next step.
Hey
, and are not planning to say hi to other people as well? I can make you a list of people who you may thank, because they have been a great example for you within Steemit:
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. And many others but you have more words to write....
You are absolutely right my beloved and hated Alter Ego. To all of them, I extend my most pleasing wish for success and congratulate them for their constant work at Steemit. Thanks for being a great example.
Steemit as an investment fund for a great 2018
While the cryptocurrency boom is not a secret. Thousands of people want to invest, trade, publish in Steemit, mine cryptocurrencies, etc. Under the Steemit roof, we can build a good flow of investments. If the profits we are making are used wisely, we can build a good economic future. Some important points, before continuing with the strategies, are:
You must master(or at least die trying) the world of cryptocurrencies and the details within Steemit. You must have a flow of publications that allows you to reinvest and take that money for other investments, including your Steemit profile.
You must develop very important habits around money. The relationship that each person has with their money must be improved always. (Note: it never hurts to start repeating "money is my friend")
Considering crypto-investments requires a study and dedication. The reward justifies it, but you must be honest with yourself according to your abilities. (Note: if you are good at something but you lack other skills, it is never late to consider other people who handle details that you do not know and make partnerships)
Learning to control expenses is a necessary duty, especially in countries that are suffering from excessive inflation.
Being a professional at Steemit means taking your blog very seriously and making the most of your potential. It's not about getting into Steemit being a blogging master but rather, building yourself as one.
Playing smart implies, recognizing your limitations and your natural abilities. To play this game, you must bet to win and control the losses.
Some of the points mentioned here may seem "difficult" to you, but with dedication and effort, you can carry them out.
FOMO
Many people write to me asking for advice. Some of them asking about which currencies or tokens. That is why I take the time to tell you that you must recognize when we are suffering of "Fear Of Missing Out". It is important to recognize this factor to know when to act and when not to. Fear may be present but, we must control it to be able to carry on our investments.
If you recognize that you are having a FOMO attack, you can breathe deeply and analyse it with your feet on the ground before making hasty decisions.
The fact that a currency is rising to historical levels does not mean that it will continue to rise. Several factors must be analysed before buying or selling.
Risk as a teacher
It can be read a bit contradictory but risk, is a key and determinant factor when investing. Whether we are investing time or money, we should always consider the implicit risk. If we consider what we are willing to lose, we are placing our riskment level. The simple fact of placing levels of loss, can save us and discipline our investment habits.
For example:
I'm going to dedicate 3 hours to Steemit's study. Time to the analysis of profiles of people who are succeeding. At this point my risk is that, in the worst case scenario, I will not be able to move forward as fast as I would like. I would be wasting time and energy. Am I willing to waste that amount of time and energy? Worth the effort?
From my own experience I can tell you yes, Steemit worth it. In this case you would be carrying out what many of us have already done. I spent many hours getting to know many details of Steemit.
Another example:
I will promote my articles, using specific tools to gain followers and votes. What is the risk here? How can I minimize that risk? You basically choose the tools and you study the numbers. If the numbers are positive, go ahead. This strategy is almost certain success.1
For this second example, the following should be considered:
Your articles must be valuable content. Whether text or video or audio, must comply with the basic rules: cited sources of content, good use of labels and good writing and spelling. All that at least.(I mean guys FB is not paying you for writing do you? Make the effort, please.)
You must plan to reinvest your earnings. That means knowing how to manage money and here come personal savings practices and good money management. (Note: there are hundreds of books on internet that can help you if you take work very seriously). By planning, you can achieve greater profits in the medium and long term.
You must go by step by step according to your plan. If you draw up a plan, you must follow it and review how is your progress. For example, I have a good memory and every day I review where I am located and where I want to go.
I understand that these examples can be read somehow abstract, but if you look carefully you will understand what I am trying to say there.
1: Also you must consider the "good and approved tools". Many tools are getting misused so you should keep an eye on trendings page, curation tag and do not forget to check what
has to say. A good resource could be to check Steembottracker.com
Steemit Bank
Once you start generating profits in Steemit, you can choose one of the following options:
A. Spend everything on a nice pair of shoes and a nice gift for your girlfriend/boyfriend.
B. Leave it in your wallet so that new "crypto-babies" grow as new STEEM.
C. Plan intelligently.
If you have hesitated between A and B, I must tell you that you need to rethink many things to start your journey as an investor in Steemit. The correct answer in terms of investments, is option C.
Planning smart
When you start earning money, wait a little and do not spend it. Think and use your skills to plan based on the long term. With your hard earned money from Steemit you can:
Reinvest using strategies, bots and promotion accounts2. This gives you profits and growth in the long term. Never underestimate the power of promotion and advertising. If you do not believe me, see what Coca Cola accomplishes.
Set amounts for: personal expenses, reinvestment and savings of future investments.
Invest in new currencies and ICOs. Here you can keep a portfolio of coins and watch them grow in the medium and long term. Note: the most difficult thing to do, is to keep the coins while possible falls in value.
Practicing cryptocurrency trading. Although the previous option is a way of trading known as "LONG" or long term, when we talk about practicing trading, we talk about taking it seriously as a profession with study, dedication and perseverance. In this point I refer to intraday trading. Today there are many accounts that you can follow to take analysis data and others:
,
,
,
and all the material under the tags bitcoin and cryptocurrency.
Once you have made a profit on any of the above, you can reinvest again and continue on the path to financial freedom.
2: I always put a lot of emphasis on promoting good content. Do not use the bots to promote trash that you have plagiarized, copied or taken out of some "cheap book". Create original content PLEASE.
Disclaimer: My recommendations should be analyzed under the "magnifying glass" of your own judge. Do not consider my advice as rules. Everything expressed in this article does not represent investment advice but rather my personal experience. Each person is responsible for their capital and investments.
Thanking you for your time to read this article, I wish you the best of the crypto-world. I hope that your investments may always be winners and your lost may be always minimal. STEEM ON, boys & girls.
By focusing on my strengths and abilities, I can set aside what does not work. From the proper approach to those skills, everything else will take the right shape to act and succeed.
Saturno Mangieri - Asesor de Tecnologías Blockchain