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RE: How to trade smart with Steem Dollars

in #trading7 years ago

That was a crazy anomaly when SBD went up that high, I'm really curious to see if it could do that again. It's probably not a good thing for Steemit on the whole if SBD starts getting jumpy because it's meant to be a price stable crypto, but you might as well sell if it does right!

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it will do it again. And after all these it is still stable around $1. Awesome coin!

I agree, I think it is really one of the best out there for people who are looking for an actual currency in the crypto Sphere. Being pegged to the USD stabilizes it, but being bought and sold for BTC gives it the opportunity to profit. It's a pretty smart way of making a coin in my opinion. Plus SBD's are just so damn useful for the Steemit economy :) I only wish I had my crypto in litecoin cause by the time I got my BTC into Bittrex the price had gone back up!