RE: Why are Digital Currency Prices Dropping? Time to Buy Steem!

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Why are Digital Currency Prices Dropping? Time to Buy Steem!

in cryptocurrency •  8 years ago 

Steem Dollars should always be US$1 has it ever been worth less before? I'm holding my steem till its worth $2+

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SBD should generally be worth $1. It's slightly more complicated than that but the current price is a significant discount that should correct quickly as soon as the crypto markets settle a bit.

thanks for the explanation

MORTY!!!! Finally I found you!!!

I just tried converting SBD today for the first time because if the Steem price keeps dropping and with the SBD price below $0.90 it is a good bet for the first time in months to use the conversion! When prices are high, rewards on posts in SBD are a lot higher and make a great opportunity to cash out! Most of the money I am buying in with today is money I cashed out from SBD when they are $1.70. When the Steem price blows up, the SBD price will probably come along too!

yeah i can hold them a few months

i remember you showing us in a video the conversion of SBD to STEEM like a month ago .. :D
so no first time here?!