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RE: Saving SBD - Proposal to Restore the $1 USD / $1 SBD Peg

in #sbd7 years ago

It's a good question. I am not a trader, so I don't really have good advise. If you think SBD is likely going to go higher, then I would hold and wait to sell. If you think $2 SBD is going to be as good as it gets for a while, then I would sell :)

As far as basing it off this proposal, I do not think anything will come of it for some time. Who knows though - maybe the market may react to just seeing that the community is considering such things.

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Thanks for the input, Tim. It seems like holding something that is $2 that is meant to be pegged at a $1 is a fair idea to trade out of. Just like you say even the thought of making some changes may effect the value. I really appreciate the time you take to answer questions for us newer folk.