Investing in Cryptocurrries, Steem and Steemit – My newbie journey
Investing in Cryptocurrries, Steem and Steemit – My newbie journey
My brother @dobsdies is an OCD crypto investor. I on the other hand, only just know how to do online banking!
My bro has been educating me in cryptocurrencies (I am still far from understanding most of it) and I have to admit it excites me having all this new knowledge; I just don’t really know how to use it!
My baby steps so far have included:
• Using faucets and games to earn free bitcoin
• Learning how to use cryptocurrency wallets
• Investing a small amount of money into cloud mining
• Giving an amount of money to my brother to invest for me
• And finally, joining Steemit!
The Faucets were fun at first and I became obsessive about clicking every hour or 10 minutes, or whatever the rollover time period was, to be able to claim the next amount of satoshi’s. It soon becomes a chore though... boring!
The crypto wallets are fairly straight forward, especially the exchanging coins without fees, and trading in different coins to move the money around as cheaply as possible. But I still don’t really understand the different coins that are available, so I stick to what I know.
The cloud mining is interesting, although I haven’t seen my investment returned yet so I don’t think it will be earning me a profit any time soon. I have probably invested at the wrong time as BTC is so high in value right now and my open ended contract may become nul and void if it becomes non-profitable for them to keep mining BTC.
My bro is helping me invest my money in some really cool stuff, mostly low risk and a small amount in high risk. Again most of it I don’t really understand, but he tries his best to teach me which I am grateful for.
And finally to Steemit! Well, I have had so much fun with Steemit! I have met some fantastic like minded people. There is so much creativity on here that it is hard not to be inspired to do something new on a daily basis...and then write about it of course! Haha And the best bit, I have made money, from nothing! Well no, not from nothing but from being myself, expressing my thoughts and experiences. People have then valued those words that I wrote and I am forever grateful! I also love to vote for other people who have shown me their value and creativity. There’s nothing better than thanking someone for inspiring you with their words or talents.
From a monetary point of view, I can honestly say that I have made more money on Steemit than from any of my other ventures in the crypto world. I have probably had to put more time and effort into earning that money, but i have enjoyed doing it and If I hadn’t earned anything, then I would still have enjoyed the process of developing myself and sharing my experiences.
(source Wikipedia)
So thank you Steemit for helping me to move into the world of Cryptocurrency in a way that I can understand!
Thank you for reading @beautifulbullies xx
You're cute so I'm sure you're gonna make a ton of steem blogging here. lol
lol thank you
beautiful post @beautifulbullies. Baby steps is where it starts!! I do the faucet thing too and plan to slowly buy crypto's 100$ at a time, think of it this way,even with just a little, it's still more than what the majority has into it. As cryptos gain popularity, early adopters will do well in time.
that is a realy great way to think of it, thank you! 😊 I think I will have a go at paper trading whilst watching some videos etc, see how I get on. It will be an exciting journey that's for sure! 😀
That's a very good way to start your journey on cryptocurrency money making!
I suggest you to be very active everyday on Steemit and build up your Steem Power.
You can learn more about Steemit earnings, Steem Power and Steem Dollars on Steemit FAQ . Some people are making a killing with Steemit, while having fun!
Wish you good earnings in here :).
Thank you so much! I hope we are all equally successful on this platform, the sky is the limit!
I hope your bulldogs are doing great!!
It would be great to see you at our steemit meet up on 16th September in Birmingham!
If you can make it, there will be a free steemit t-shirt for you, live music from @branhmusic and 150 pounds behind the bar,
Please see link for more details! https://steemit.com/meet-up/@starkerz/promo-uk-steemit-meet-up-everyone-welcome-from-far-and-wide-come-see-the-steemit-laser
oh wow! thank you for the invite! That's not too far for me or my bro @dobsdies to be fair, We will try and make it! 😀
Great to hear u are keen!! Please extend the invite to ur brother! Will be a great laugh, looking forward to putting a face to all these profiles!! STEEMON
Excellent post and congratulations on your entry into the crypto world It is good to have you here on steemit. A lot of knowledgeable people on here who can help you with whatever questions you have.
I gave you a follow.
Thank you so much! I have LOTS of questions lol
And there are a lot of answers on here...some of them even worthwhile. LOL
haha yes, I got trolled by a bot the other week for asking a question! oh my days!
I bet...a lot of them on here. There are bot voters looking to be pay to upvote your content.
To me, that goes against the spirit of this place.
Totally agree. I hope that they can find a way to control or out these bots and the spammers eventually
The advantage is to down vote them....it doesnt take away your voting power.
If you havent found that..go to steemd.com/@beautifulbullies and it will tell you.
Also there are groups out there that do nothing but post on those who they received notification as spammers. So the community is policing itself (well it has to since it is all decentralized)
Good luck on your journey! Resteemed!
thank you so much! :)
Welcome to the SteemOlution!
Thank you! hehe SteemOlution, I love it! :)
You could have used a different photo lol
hahaha sorry bro It's the only one I had of us together at hand hehe xx
hi
this iz mossaver from pakistan new to steemit my id iz @mossaver786
Awesome! It's a learning curve, all of a sudden we are surrounded with all the crypto stuff and lingo.
Keep up the great work, having fun and making money while at it !
Absolutley! Let me know how you get on with your journey too! We can learn together!