Back to another episode of crypto trading. Let's pickup from where we stopped, bias is bad. We're all human, and human got emotion problem. Like it or not, when you stick to one blockchain, that one coin is going to be the best coin for you and you tend to look at it all day and pray for it to go "UP" in value. But again, up against what?! And everybody fall for the dollar game again.

Bias STEEM

Here's the deal, when the STEEM/SBD ratio stays below 1, any transaction below this are to be seen BIAS STEEM. That's because I only need to spend a small amount of SBD to obtain a bigger amount of STEEM. But don't forget, I also have orders on the SELL side, I don't always buy STEEM with SBD, I also park my STEEM to get ready to obtain SBD when the ratio started to normalize.

Bias SBD

This is the part that not many would understand why. Are you here when SBD was $15 several years back? Do you remember your $10 post payout, how many SP you're getting back? This is exactly that kind of situation. You'll be saying Dave you're crazy selling your precious STEEM for SBD. This is nuts. It's already very hard to obtain, and I'm selling it for SBD?! Wait a minute, aren't we talking about the same stuff when the ratio was below 1? And now over 1 you think I'm crazy.

The evil ratio

Here is the evil ratio you can see. What actually drove the market is not important, it's how much you have in hand at the point of time. If you fail to change the number of hodling you have in hand, which means you're defeated by the evil DOLLAR. This table I have included the dollar value combination on the right. At the present situation, SBD is around 0.94 and STEEM is around 0.15. Both representing in USD. Correct me if I'm wrong? Let's consult @coingecko


Proudly brought to you by @coingecko

https://www.coingecko.com/en/coins/steem

Not quite where were expecting it would be, it's hovering around 0.175 ratio, because STEEM value is around 0.15. When STEEM value continue to fall faster then SBD, it will sure hit 0.15 ratio soon.

Exorcism method

Was it confusing? When you look at the dollar value, there's so many combination worth studying! It can go up, it can go down. It can go left, it can go right. With the same 0.200 ratio, there's is thousands of combination can happen. The dollar evil are changing their parameter to trick the ratio move, and we're the idiots who keep on getting blood suck and didn't see them coming. So, what's the best thing we can do? Chase the devil out of the house. Stop looking at the dollar value. Increase your capacity in hodling either one of them. Regardless of price going up or down, we take advantage of the exchange. Form a grid by placing same amount of orders buy all the way down. Placing same amount of order selling all the way up. You'll be saying, BUT BUT BUT Dave, when we selling our STEEM for SBD, wasn't it stupid to own so little? Well, as the chart highlighted, if the grow is organic and accountable, by the time STEEM worth 0.315, SBD would worth way above $1(which is not covered in my spreadsheet). The debts would have cleared and your post payout would have been fully paid with SBD already. So, what do you worry for? Hold on to your principal, don't fight with the market. Let the market lead the way, and we rip the fruits.

The spreadsheet I created is simple, I wanted to upload the file, but thinking of the vulnerability of spreadsheet sharing and online hosting could be a problem. Drop me a line if you couldn't make your own spreadsheet.

---

Previous Episodes
Part 6 here
Part 5 here
Part 4 here
Part 3 here
Part 2 here
Part 1 here