Possible trade opportunity STEEM ?
(Edited)
Looks like BTC is starting to rally up once more after a dip to 8.7k range. At this point its about to touch 9k .. but by the looks of things it may not reach 10k or surpass 10k. However this is crypto .. anything is possible.
Now lets look at possible opportunities....
https://mxc-exchange.zendesk.com/hc/en-001/articles/360043560852-MXC-Will-List-Steem-STEEM-and-Launch-STEEM-USDT-Pair-on-Margin-Trading
STEEM is now available for Margin Trading on MXC exchange. By knowing that the first bunch of STEEM liquid coins would be released in a few days , do you think that there would be a major selloff of those unstaked tokens ? Or would there be a large buy presure to superseed those who are selling.
This may be a possible opportunity but ... again .. this is not a financial advise and just my opinions.
Cheers and have a great day
▶️ DTube
▶️ BTFS
0
0
0.000
Thank you for your support. Here's a !shop as token of appreciation.
It could be an interesting opportunity to short STEEM. From the chart, I do not see any sign of a reversal or revival in price. Nice that you brought out the idea of shorting on MXC.
I am just a bit put off by the idea of opening an account on an unknown exchange. Haha..
yea .. i'm sure i was not the only one which would be doing it. however in coingecko , MXC only have a trust rate of 5 .. so i guess it would be a quick in and out