Steem is still undervalued. And SBD is still overvalued.
The marketcap of Steem is at $1.1 Billion. Watching the price on a relative scale and comparing it to other platforms in crypto space, it tells us, that we can reach at least $5-10 Billion on the mid term scale (1-6 months). Selling steem now is a guarantee for regret.
When it comes to SBD one should consider that SBD is not meant to have a price over $1. So, it IS overvalued right now and the price is very speculative. I am positive this will correct on the mid term too, unless steemit puts on some hardfork to change how SBD works.
As for me, I am investing every SBD I get back into Steem. High SBD price + medium steem price gives me a very good amount of Steem to hold long term.
My Target for Steem: $10 mid term, $20-30 long term
Remember: Steemit is still one of the rare platforms that actually have a real working use case. Most crypto projects do not!
i think it will drop more before going up.
the hole market will drop more :D
Steem is always good coin
thats true
Steem is always good coin
You are wise my friend. I am wishing you the best.
Don't forget to share your great posts with the many Steemit Facebook Groups and on steemit.chat and reddit's steem section.
Be blessed.