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RE: The Real Reason for the STEEM Dollars (SBD) Climb in Value?!
What a great way to explain what is currently happening in the steemit sphere. I really think that is what is happening but I do have my concerns when the movement stops and I wonder if steem will recover to a 1.2 USD value where it was before. I really regret spending SBD buying STEEM at a 0.90 USD range when I thought it was the cheapest I was going to see it, I guess I was wrong still not sure what will happen. The only thing I'm sure is I want to always keep growing SP.
Most of us don't have the interest or the time to research what to do at any moment with Crypto currencies. No I'm no investment expert nor am I giving you any advice. But, what I've decided to do is to hold onto STEEM for the long haul. And therefore, whenever Steem Dollars (SBD) are above $1.05, I buy STEEM with it.
And, I let all the Steem Power I earn ride as well - never trade it. So keep blogging. Just share something about yourself, answer all the comments made and your blog and read other blogs and comment on the content and up-vote theirs and the reward will follow. Stay well.
Thank you very much for your comment I feel honored to get your reply. Its good to dedicate time to reply to comments and I really appreciate the advise given. I want to keep growing SP and hold steem as much as possible.
Hang in there and good luck! Stay well!