After the original boost of SBD up to $15USD - away from its intended peg of $1USD - and the inevitable price drop that followed, it was understandable that many would think it would never be so boosted up again in comparison to STEEM; But.. Well, it was unexpected that SBD would be boosted up to $15 at all - so why should it not occur again?
The current price of SBD on Bittrex is $4.59 as I type this and STEEM is $4.12 - So against all the commentary, SBD is up higher again! I deliberately avoid giving predictions for prices of coins, especially STEEM vs SBD because I have seen over and over again that the real world behavior does not conform (often) to the logic that many of us hold regarding how they 'should' behave. There are so many people trading and using these coins that it is really impossible using linear logic alone to determine where the prices are going in a reliable way. Any group can come along and buy/sell in large amounts with no warning and so .. I keep my mouth closed and look at the medium/long term movements instead of short term.
What are your current strategies for SBD and STEEM? I am intending to HOLD now as I am in a stable financial place for the first time in many years and am thinking longer term of how to achieve some projects that I consider to be important for humanity and our planet (and therefore also for me too)... I see SBD and STEEM being consistently decent performers, so for the next few months at least I will let them perform!
Wishing you well,
Ura Soul
View My Witness Application Here
