Steem Backed Dollars hits 1.1 mBTC

in #sbd7 years ago (edited)

It was just 9 days ago when I did a Technical Analysis on SBD. Now, it seems that all my expectations came true.

SBD.png


SBD Technical Analysis - Good Health Ahead
Excerpt from my post 9 days ago

SBD 0.png

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Deposits and withdrawals disabled..

read caption above chart.

Yea maybe this is why is pumping like that, when a coin gets isolated it can create an artificial environment that cant be taken down by arbitrage.

probably.. but most pumping occurs when there is a catalyst or usually when chart looks good.

Great call! I'm loaded with SP, hoping this is wise long term.

Let's hope for the best.
btw, Is it true that there's a holding period of 2 years for SP?

I think that's the minimum. Depends how the platform develops but I can only see growth at present. How about you?

i got small amount of SP. I think STEEM and & SBD have a long way to go.
I've read that having large amount of SP will give high rewards.

To me, holding as much SP and not cashing out shows commitment to the platform, which I'm sure is looked well upon by the bigger players. Also it's nice to be giving in the .10c as opposed to .01👌🏽

Sorry, no defined holding period-this is just the minimum I expect to be invested.

thanks for the info.