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RE: What's Next For Steem-Backed Dollars (SBD)? Probably Up, Or Down...Or Sideways. So Buy! Or Sell...Or Hold?

in #steem • 7 years ago

What I am doing with my sbd is to exchange them for steem and holding that.

I believe that’s a secure move right now.

7 years ago in #steem by
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     7 years ago  

    a secure move

    Interesting; but the Steem would be worth a whole lot more powered up. I'm a novice; but, it sounds like you're playing it 'safe', while dropping hundreds on the floor.

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       7 years ago  

      How can steem be worth more when powered up? It’s the same token.

      Or do you mean my votes and curation will be worth more?

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         7 years ago  

        I'm not sure exactly what he means, either. If the Steem is powered up, it can't be sold, and therefore has no price.

        $11.75
        • Past Payouts $11.75
        • - Author $8.82
        • - Curators $2.93
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         7 years ago (edited) 

        Today Steem is valued at ~$3.
        The SBD is valued at ~10.

        Do I need to explain more?

        Peace.

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