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RE: Steem Nearly Touched $8! - SBD Comeback?

in #steem7 years ago

Thanks, I also thought it might be wise to hang on to some SBD, but on the other hand, I really want that Steem Power for social interaction. Now I still don't know what to do, LOL! Saludos!

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It is actually smart to just take the 50/50 rewards at the moment.

As the gap is now close between SBD and Steem Power it ain't really worth it to convert SBD to Steem Power anymore.

Save your Steem Dollars and invest at a good time, remember, this is an all time high and it is unlikely that Steem will stabilize at this point.

Wait now, maybe the gap widens, if not you can still convert your SBD to SP later, the couple of cents more which you will have from that conversion ain't much anyway.

Maybe the gap will widen again, then it is the time to strike, otherwise you can also just cash the SBD out to fiat!

That is what I've been doing the last couple of days, just taking the 50/50 reward and watching the market. I have no interest in cashing out right now even if I fully expect the price to follow a pattern of ups and downs. Thank you for your time!

Now is definitely the time to wait or to cash out SBD to Fiat.

Anything else is not wise as the worth of SBD increases with a bigger gap between SBD and Steem as we have seen a couple of weeks before.

Great advice!