Posts

A very small investment, a very small profit (2019.10.26)

avatar of @xplosive
25
@xplosive
·
0 views
·
1 min read

2 days ago (on 2019.10.24) I bought 0.000042 Bitcoin Pegged (BTCP) for 2.5116 Steem Pegged (STEEMP). The price of 1 Bitcoin Pegged (BTCP) would have been 59 800 Steem Pegged (STEEMP).

Today (on 2019.10.26) I sold 0.000042 Bitcoin Pegged (BTCP) for 2.52 Steem Pegged (STEEMP). The price of 1 Bitcoin Pegged (BTCP) would be 60 000 Steem Pegged (STEEMP).

This is 0.0084 Steem profit.

I think that if you have patience, then you can make profit even with small investments in the long run.

I will probably try out the trading of other coins/tokens on the Steem Engine.