Fact: How I have turned 320 STEEM to 1,086 STEEM in less than 5 Months

Understanding how the crypto market works and having a strategy that works best for you will always make you feel better and relaxed even when the market is against your direction.

Here in this post, I will be sharing with you the simple strategy that I have used and turned 320 STEEM into 1,086 STEEM in less than 5 months despite not being active in carrying out the strategy that has enabled me to now have 1,086 STEEM on my Mexc wallet.

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What are the strategies that increase 320 STEEM to 1,086 STEEM?

From my Mexc wallet

Limit order under spot trading is my best strategy for multiplying my digital assets. It is simple and easy all you have to do is set your price and patiently wait for your order to be executed. From the screenshot images, you will see that I began buying and selling STEEM using limit orders in November 2024.

From my Mexc wallet

A limit order is a simple trading strategy that allows traders/investors to set the minimum or maximum price at which they would like to sell or buy digital assets like STEEM. Using these simple strategies I have been able to accumulate more STEEM as my target Is to have more STEEM that I can transfer back to my Steemit wallet and power up.

Currently, there is an open order that hasn't been executed yet in my Mexc wallet because of the current state of the crypto market which is bearish. To set a limit order for yourself, you must ensure you have some quantity of STEEM worth $5 or $10 and above depending on the exchange you are using.

Now let's assume, you have 20 STEEM in your Mexc wallet and the price of STEEM is $0.2457 selling your 20 STEEM based on the current market price you will have $4.9140 as shown in the screenshot on the right.

With a limit order, you can set a higher price for yourself and wait for it to trigger. Instead of selling at a lower price, you can set your limit to $0.3 which means placing an order of 20 STEEM at $0.3 and your order trigger you will end up having $6 as shown in the left screenshot.

Now let's assume your order triggers at $0.3 which gives you $6 you can use the $6 that you have and place a buy order and set your price to $0.2453 or $0.25 which if triggers you will then have 25.21 STEEM as shown in the screenshot image.

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From my Mexc wallet

With this simple strategy, you can multiply your digital assets, diversify your income, and also increase your crypto portfolio within a shorter period.

Buy limit: This means an order for you to purchase STEEM or other assets at or below a specified price.

Sell Limit: This means an order for you to sell STEEM or other assets at or above a specified price.

Instead of just holding your asset your asset waiting for the price to rise so you can sell, you can take advantage of the spot trade limit order which is not a risky means of trading the financial markets, and Increase the quantity and value of your digital assets which is the simple strategy that I have used and turn 320 Steem into 1,086 STEEM.

_{Disclaimer: This is not investment advice but purely written as educational content that is meant to expose you to how you can increase the quantity of your digital assets if you so wish.}