You are viewing a single comment's thread from:
RE: Circles and Pyramids
I ALWAYS forget about SBD - but checked an hour ago and saw that! Didn't you have a post recently about it's potential to hit $10? I'm wondering what I should do with the knowledge that SBD is now worth $13...I'm like 99% powered up.
Do I sell the few SBD I have 'liquid'? Oh life choices...
It's up to you. I sold about half, $300 USD worth (only 30 SBD) to build a crypto portfolio which I never had before. Then I powered up the rest when steem was a bit cheaper so i got 5-6 steem per sbd. You can still get an ok rate cause sbd is still high but not as great as before (3-4 steem per sbd now). I'm sitting on sbd in case i can get 4 steem per sbd again but if it starts to go down i might sell it for dash or something and reinvest in steem when its not so high, or after i play around and make some money on other coins
I think the life lesson here is don't keep everything in power up mode lol. I had a significant amount of Ripple for years - and sold half over the summer when I was certain it couldn't go any higher (kicking myself so hard today...). That said, with its huge run up - I can sell a few thousand I think to get holiday money.
I NEED to pay more attention to Steem values going forward though. Great idea - trading what you earn on here to diversify.