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RE: Justification for 104 week Power Down

in #steem8 years ago

No one can predict the future. If the price of SBD is at $0.80 then you've got a 20% buffer to work with, including a 7 day median price. It could go up or it could go down, but that 20% (assuming an $.80 price) gives you a big cushion to work with. You could hold, sell immediately, or sell later and there's always risk, but you're not going to get a $1 guaranteed purchase power on an asset priced below $1. That's a nice deal.