SBD Continuously Remains the Same !
Why @steemit users Keep Withdrawing their Cash-Outs rather than wait for let it to going at better price ?
I m continuously judging this cherries since the end of January 2018, SBD remains constant except fluctuating little bits. The US dollar was at its lowest slumping around from 2 to 3.25 in the start of February, still when it going to increase, the investors seems to think themselves as its be their golden time for that. In fact it discouraging the other user's patience !
Why do you think @steemians ? Is that the exact reason behind it for cryptocurrency or what ?
Its still confusing,
As I m new at @steemit and don't have much knowledge about cryptocurrency and want your help regarding this unusual fluctuations of SBD What would be logic behind it ? Please share and explore your thoughts below !
Stay Blessed All !
I am also relatively new but I think the selling pressure is because the SBD was made to be equal one USD. However, interest in the asset has pushed the price up above the $1 target for some time now. I also agree that this is a way to be a long term HODL but some prefer to use the asset to buy more SP to increase influence in the community. I am still a HODLer but am carefully considering options. There are a number of great resources regarding this. @gold84 is one of the ones I follow.
@newageinv You are almost right ! But the thing is that if the users see their expected desire rates, I would say they should expect more ! Definitely the rates will go for peak through other user's investments. The curator also participate their rewards ! Still users junks on the rate spot in order to payout and the fortune ratio start to be decline and the cycle go on & on ! The newbies also losing their patience and they going to do the same as with investors. But the hope is powerful ! Well thanks for your great opinion !
You look like someone who knows their way around Steemit. I have earned 21+ Steem, 30 +Steem power, 59+savings and est acct val $275 +. I don't want to cash out but I don't know how to use what I have. Please assist! Also what is powering down?