Initiation to Internal Market

Jacques Gagné@grandpereAugust 2016

Maximize your wallet

Your wallet contain :• STEEM• STEEM Power• STEEM Dollars

STEEM• Tranfer

to another person or Bitcoin• Power Up

Increase your power (long term)• Deposit from Bitcoin• Buy or Sell on the internal market

Maximize your wallet

STEEM POWER• Deposit from Bitcoin• Power Down

(1/104 each week during 2 years)

Maximize your wallet

STEEM DOLLARS• Transfer• Convert to STEEM• Buy or Sell

Maximize your wallet

Normally, 1 SBD= $1 USDIf change rate is < .95, it is not a good opportunity to cash out.Options :• Trading on the internal market • Powering Up

Maximize your returns

Market Analysis -External

In a new windows• Verify the trend with

Bittrex or Poloniex.• Check

Last Bid and Ask• Red indicate Sell (Ask)• Green indicate Buy (Bid)

https://bittrex.com/Market/Index?MarketName=BTC-STEEM

Market Analysis - Internal

STEEM DOLLARS• Buy or SellCheck Bid and AskFeel the trend

Market Analysis

Observations :• Read about what affect the market?• Buy Low & Sell High• Time elaspsed : maybe 1 hour, 1 day,

1 month

Market Analysis

• Estimate your capacity to take risk

• In a spreadsheet, evaluate different scenarios

Transactions

Transactions - Buy

In BUY STEEM• Fill the fields

(near ASK price for now)

• Click BUY STEEM button• Authenticate

You need to have some STEEM DOLLARS in your wallet

STEEM DOLLARS• Buy or Sell

Transactions - Buy

Verify in Open OrdersCancel anytime

There is only 1 pair :• STEEM DOLLARS to STEEM• STEEM to STEEM DOLLARS

When you click “Buy STEEM” you are selling STEEM DOLLARS

Verify the Wallet

Transactions - Sell

SELL STEEM• Fill the fields

(near BID price for now)

• Click SELL STEEM button• Authenticate

To Sell STEEM (for STEEM DOLLARS), You need to have some STEEM in your wallet

STEEM• Buy or Sell

• Verify in Open Order• Wait for order to be filled• You can Cancel anytime

Transactions - Sell

Verify the Wallet

• Withdrawal units is in STEEM • After Sell, deposit is in STEEM

DOLLARS ($)

Transactions

You can make Buy and Sell at the same time if you have some STEEM and

STEEM DOLLARS

Good Luck!

And lots of money!