Caught in an interesting position at that point as STEEM is the actual liquid crypto, and SBD should always be around a dollar in price. What I see from your post is that NOW IS THE TIME to be buying STEEM, in the future it's worth will go up. That's not to say that everyone should be blowing all their SBD, because the in platform currency collects nice interest AND is needed to add weight to payouts from writing and curating.
Great post, upvoted, followed and resteemed
Thank you very much 🔥🔥🔥 I appreciate it ;-)
As far as I know you can only collect interest on SBD that you locked up in your savings.
I would wait a week or two with buying steem, I will make an update post when the correction is likely over.
Yeah I saw that too. Anyone who wants to invest in the long term (3-5 years) should be looking to drop some of their account worth into savings. Since Steemit is still beta, STEEM is gonna fluctuate, but imagine what's going to happen once mass adoption takes place.
Looking back at it now, the laptop I have was a gift from a friend that was using it to mine BTC back in 2013, he gave up. My plan is to definitely keep a good amount of my earnings in the platform one way or another, and then to use some to make small investments in other cryptos. BTC, LTC, and now maybe XRP as well.