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RE: Why You Should Not Trade on Exchanges - Buy/Sell Tips by Charlie Shrem

in #steem8 years ago (edited)

Charly. Thank you for keeping at it and supporting this community.

The issue with this is that the price on exchanges is better. when you use blocktrades rail that is nicely integrated into this platform the price difference is often 10%. That's a lot. The market should also not be less affected by which rail you use. The most important factor is whether you sell or buy. Traders just cause short term fluctuations but in the end it matters what the masses (in terms of value) do. This in turn depends on the value that steem provides.

This is why i have proposed my idea to add bounties. please check it out and provide some feedback.

People should simply buy when they think the price is cheap, and try to make a profit for themselves. That will also help the platform the most by creating a bottom and then forcing the price back up.