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RE: I have to keep myself from FOMO'ing into Bitcoin trying to catch the bottom, I'm so excited 👍
Thanks for the post. I like when people write how they invest.
I have been thinking of using SM as a hedge to steem. If I think the price at steem will go down it is better to buy SM-cards and then sell them when steemprice is lower.
SM cards? I'm not sure what those are actually?
I think all altcoins are still at the risk of losing another 50%, unfortunately. Other than something like a stablecoin Bitcoin is the safest bet in crypto I believe, until the market reverses
sm card - steemmonstercards.Not a altcoin...
Because the price of the cards are in USD.
That is why It can be like a hedge
Theoretically you could do that with SBD, but in practice it is too volatile. I like your method, very clever!