How I turned $60 into $255 #trading LBRY Credits on Bittrex.com
Important Links:
3. http://coinmarketcap.com/currencies/library-credit/
What are LBRY Credits?
Watch this video short to learn!
Watch, read and play in a decentralized digital library controlled by the community. LBRY is an important blockchain platform like Steemit. Learn more by checking out their website https://lbry.io/
Now that you know what LBRY Credits have value just like STEEM does on Steemit, you see why I would want to capitalize on such a platform.
First, let's take a look at the chart on http://coinmarketcap.com/currencies/library-credit/ !
Now, let's go to the exchange. I sent about $60 worth of bitcoin to https://bittrex.com
I then went to the BTC-LBC pairing.
I then traded my bitcoin for LBRY Credits. I was able to buy in at 0.00070002 btc. My $60 was then turned into 130.12676909 LBRY Credits! I knew that I wanted to take advantage of the growing bitcoin volume of btc-lbc trading there, so I set my sell price rather high at 0.00300000 btc.
After a day or two of trading, you see the price gradually spike up.
My sell order goes through, and now my $60 is $255!!!!
