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RE: The benefits of inaction: a defense of a high SBD.

in #sbd7 years ago

Steem is the crypto currency, sbd is a debt instrument that promises one usd in steem, sp is vested steem requiring thirteen weeks to fully redeem and is what gives your vote value.

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If, like now, SBD goes up a lot more than Steem in value, and you want to covert it into Steem, do you get more Steem? Or do you lose value?

I would hang on to the sbd, just to see if it rises, even more.
If you are long on the platform then I would convert on the internal market and power up.
We are still very much at the beginning of this ride.