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RE: Never Hold on to SBD! They Are Being Devalued At 583.8% Annually (48.65% Per Month).
Running a bit low on voting power. This post has been keeping me busy.
There is great potential in SBD at $1 and the plus side is if you buy in at $1 you cannot lose. The guys that had SBD before the platform took off made some good profits.
I agree with you. I will always use it on promotion because 50% will be paid back as SBD. To me it is just not worth it holding on whilst an inflation rate of 580% is eating away at it. What do you accomplish doing this? The platform always aim to get it back to $1 so why the hell would you hang on to it?
I also hope this platform sort out its internal fights because it has great potential but for now, whilst the fights last, I will be on my toes.
65% isn't too bad. I'm usually under 25%. lol
I think we would be better off if the users were more bullish on the platform. I agree with you and think more users should convert their sbd into steem. I think it would help the price of steem out which would be good for the platform.