Are SBD and Steem antagonists?

in #steem7 years ago

Blogging at steemit seems to be a job as well for many people. The rise of the Steem and before that the rise of the Steem Dollar (SBD) makes that possible.

I just want to bring you just one little thought in your mind:

The more value Steem has the higher is the payout in SBD.
So a higher Steem price might lower the worth of SBD soon.
So sell it and buy some cheap cryptocurrency as Verge, Golem or Ripple via Litecoin at blocktrades and another plattform.

Some kind of crypto speculation is also a nice job to do...

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This post was resteemed by @steemvote and received a 36.33% Upvote

While the internal market was trading at <0.4 I was quite happy to trade my SBD for Steem that way, and it was exceptionally good at boosting the amount of Steem I have early in the SBD spike.

Now with it at closer to 0.75 I'm holding onto it, but at some point will need to look into what to do to make the most of the SBD.

I'm not much in for speculation, and don't have any other crypto than Steem, so not entirely sure what's good/not, but it's good to hear others talking about them as I'm starting to get more familiar with some of the names

Maybe it is interesting for you to follow me because I am writing a lot about other cryptocurrencies...

That was a great decision you made to trade your SBD into Steem.
If you are interested in crypto trading you are on the right website as well.

I can just recommend to go into some small altcoins with a small amount or gained SBD.
(Golem, Verge,...)

This article might really look interesting for you:
https://steemit.com/money/@mathsinnature/recipe-for-trading-success-1