Maybe not all of it. I have orders for ~1500 STEEM left from my trading BTC. This puts me firmly into the STEEM ecosystem with all my "play" cryptocurrency.
How I invest
I have 3 buckets that I invest in:
- 80% in long term ETFs
- 10% in SAFE savings accounts (emergency money)
- 10% in the risky of risky.
That last bucket I can lose 100% and it doesn't hurt. In the long past (10yrs or so ago) that was my poker bankroll money. Today that is my crypto money.
I don't re-balance EVER
Well, I don't re-balance these buckets themselves, meaning if I lose all the money in the risky fund, I don't pull from the others. Rather, this is where I deposit money.
If I have $100 set for savings, $80 goes to the ETFs, $10 to the cash account and $10 to my account that will eventually get transferred to my crypto accounts.
That crypto account is split in three, in equal parts. One is for BTC alone, one is split between a couple of my other stragetic buys. The buys there are decided on which is doing the worse, and the third bucket is for trading. Trying to beat the market and accumulate coins.
Its that third bucket that I have emptied and bought all the STEEM I can. My last couple of orders are waiting for a drop so I can buy at a better price. I want to help make this blockchain a better place, and the fastest way to do that is to put my money where my mouth is.
Buying more?
I have to let my trading bucket re-plenish for now. I don't know if I will be able to buy any more STEEM on the open market for a bit, but when this is all over, I should be around 10k SP giving me a bit of weight to throw around.