For now I think it's safe to say that it's going to stay over $5 and is probably going to break $10 relatively soon
Exactly my thoughts.
I don't fancy myself a person with trader potential so I would rather keep it safe and simple
Then go for PoS coions. PoS allows you to stake your coins to mine instead of buying hardware to do it.
Smartcash is a good option as it pays out 5-7% per month if you got more than 1000 SMART in your wallet and that's pretty nice + it has a big potential to grow as a currency.
Another good PoS coin is ColossusCoinXT I wrote about couple of days ago and its only 1.5 cents per coin :)
So you just get the coins and wait a year or two, come back and see the coins up 500x and you stacked up some nice passive profits from PoS alone :)
Bittrex isn't accepting new accounts any more? Just don't go to Poloniex as they were having a hard time paying out people that transfered steem/SBD there.
Thanks for the advice, I appreciate it.
Yes, Bittrex stopped accepting signups in December. It was a very unpleasant surprise now when I registered. The way I see it, since Poloniex is so unreliable, I have only two options - blocktrades and Bulgarian steemians looking to power up with cash. I'll have to figure something out.
Try finding Bulgarians to exchange as blocktrades takes about 5% or more in fees
Well, fees are everywhere, I'll surely have to pay some or make the person willing to trade for cash at least a bit of discount.
There are almost no fees on bittrex :)
Oh, yeah, rub it in :P It's kind of frustrating that I can't get in on the action there.