Hello guys how are you all today :)
First let me start with declaring winner of yesterdays giveaway contest!
well as you people might have noticed the market is down from quite a few days now and it has become very hard to predict the market .
So no one has won yesterdays contest so the result of yesterdays contest is tether going down by 2.2% well its quite weird talking about -2.2% while counting profit but it is what it is because only one currency shown profit in top 100.
quite hard situation for CryptoCurrency market.
So i will be choosing winner from a lucky draw and winner of yesterdays CryptoCurrency contest is
Congratuations bro on winning CryptoCurrency contest :)
Well lets get started with how can you make money even in such times
How to make money on steemit while steem is falling !!
As most of you guys already know the price of steem is going down from last few days it is like the worst time to make money on posts but there are other ways in which you can still make enough money.
I will start with quite a few points.Lets get started with Curation.
Curation
Right now curation is like the best way in which you can earn reward
How it works!
On every post after the payout almost 25% of total reward goes for the curator.....
Curators are the ones who vote on the post and first few who votes on the post earn the maximum reward.....
Well if you want to learn about curation reward you can check my post here
Well for the best use of curation you can use this tool developed by
https://steemauto.com/
Using this tool you can easily auto upvote post of a certain person as soon as he/she posts........
So this will help you in getting maximum curation reward.....
well this tool also has many other applications you can find them all here
i didn't tell all features of this tool. As i just wanted to tell you how can you make money from it.....
But it sure is an amazing tool you must go through it but if you guys want me to post an article about it just let me know....
Now another way to make money.....
Switching between SBD and Steem!
Well its not a nuclear science its just simple math
Well m pretty sure you people know generally value of SBD is in range of twice that of steem.......
But sometime due to changes in market the prices of steem and SBD come really close....But we can always say that the price will always go back to the original value or at least relative original value.
Now lets take a situation...!
lets assume at a certain point price of steem is 5$ and price of SBD is 7.5$ Now under some change in market both steem and SBD are around 5$ and at this specific point you convert 10Steem to SBD...
now after 5days value of SBD is back to 8$ and price of steem is still 5$
Now you convert your 10SBD back to steem and you will get about 16Steem back so you almost made 160% profit just by switching between steem and SBD
Well you can do same thing with your wallet in USD or any other currency if you know how to read the market.
Just ignore this pic i got bored typing :p
Well guys that's it for today i hope you guys liked my post and will keep voting for this poor guy :)
Be sure to follow upvote and resteem.....Thank you :)
