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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 #steem7 years ago

I have to admit that I don't have the time or the inclination to think about all this too much!
And perhaps not the intelligence to work through it all logically and make money...

So I play to my strengths - I get SBD and turn it into STEEM, and I buy EOS and BTS and a few others, and I wait and see what happens. And on days like today I buy some more because it's all half price.

Seems to be working ok 😀

Cheers

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I'm liking this discount we're seeing on EOS, but I'd really like to get back in under $5.

I would be v happy if it went under $5! I already have a healthy amount at a cost base below $1 so quite happy to sit and wait on this one
Below $5 I would back up the truck again!

I'm still waiting for that sub-$5 dip! Argh.

Yeah - don't think it will happen.
I am acquiring more Eos using margin on bitshares, selling enough to pay back the loan once it has gone up a reasonable amount, then transferring what is left out to MEW. Works reasonably well given the fluctuations at the moment, and even if I get caught on a downturn I am happy to hold on longer-term