We all know that when you invest in steem you can profit, all because the major part is that you benefit from SBD if you set the rewards into getting half liquid steem and half sbd for content creators. If the price of steem goes high you will get more sbd in the process and if SBD goes high as well you will profit more.
Also the fact that steem always pumps regularly or at least being able to ride the bear waves to stay afloat means that it is a good choice for day traders because of its regular up and down price movements. Personally it was
one of my favorite cryptos to day trade before I got involved in blogging in steem platform because of its volatility though I really do not recommend day trading in general for any crypto but that is what some people do to profit and that is given.
Anyway as for SBD the printing of it had gone volatile too because of the mechanism for backing the price of steem. Now it prints close to 90% at times and down to less than 20% in some days. In turn the profit comes erratic because of maybe the effect of the overall volatility of other altcoins caused by the major world events.
For that reason I just hope that SBD will stabilize though it had sustained its craziness for about two years now already ever since BTC had pumped. That is why I do think that SBD is a good crypto to invest or at least hold for that one event again to happen where it can pump to close to 8-15 dollars because SBD is one crazy crypto that throws fundamentals out from the window but for now we have to enjoy its more than a dollar value which makes steem platform an ever more interesting crypto to consider that will not go away for the time being.
Disclaimer: The statements made here are just from my own personal opinion and views and must not be regarded as facts. Please do your own due diligence and research before involving yourself in a volatile, high risk-reward financial instrument such as cryptocurrencies to avoid potential losses. This is intended for entertainment purposes only and not a financial advise.
Weeeeee...Aaaand it's gone.
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Hello
friend thanks for the information stir to publish on steemit .. Do you publish on the platform?
I re-publish there.
ok... I will follow you my brother steemit...
Good day today ….
Yep, we just need a 100% SBD printing otherwise we cannot make use much of SBDs value if we cannot earn it.
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