Steem and SBD are the most stable of all cryptocurrencies

in hive-185836 •  3 years ago 

Despite the fact that recently the price of bitcoin has dropped significantly and all major cryptocurrencies have followed, people do not lose enthusiasm and continue to invest in the digital crypto industry. This is a rather interesting field of activity that allows you to quickly increase your capital. But investing in any digital cryptocurrency does not guarantee 100% profit. For example, tweets from Elon Musk allowed Dogecoin to rise in price by almost 200%, after which the price of Dogecoin fell by half. Dogecoin was even able to bypass Binance Coin and briefly take the third line in terms of capitalization. In this article, we will not consider Dogecoin for investing, it is too risky, we will consider only two interesting cryptocurrencies in my opinion: Steem and SBD.

SBD is the most stable of all cryptocurrencies. This is because it is pegged to the US dollar. For every SBD coin there is 1 US Federal Reserve Bank dollar.

Steem is another cryptocurrency that attracts investors. First, the Steem network takes up less space. Secondly, compared to Bitcoin, it takes less energy to complete transactions, which means that transactions are completed commission-free and faster. The main disadvantage of the Steem network is the smaller number of users. This is something that may scare off some investors. Despite all this, the Steem platform has big plans for the future. In any case, Steem is still in its early stages of development, meaning it is not too late to invest.

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@xpilar
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Yes, it is very satisfying to see that SBD still strong enough :)

You post is nominated for „Wold of xpilar“ Community Support Program, @booming account upvote. Only the posts that are not cross posted, original and posted from community page are eligible. If your post gets approval, then you get upvote within few days. Good luck!

Thank you @stef1